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Kinetik Holdings KNTK Natural gas, NGLs and condensate sales — Total revenues

Other product segments

Gathering and processing services
$127.93M
Service revenue
$93.77M-26.7%

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Other financials

Income statement

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Revenue$410.0M-7.5%
Gross profit$221.3M+0.6%
Operating income-$3.8M-120%
Net income-$1.7M-127%
EPS (diluted)-$0.07-240%

Balance sheet

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Cash & equivalents$720.0K-91.9%
Total debt$3.9B+3.6%
Total equity-$1.7B+34.5%
Total assets$7.1B+1.1%

Cash flow

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Operating cash flow$180.4M+2.0%
CapEx$83.0M+11.4%
Free cash flow$97.4M-4.8%

Valuation

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Market cap$3.69B+45.9%
Enterprise value$7.58B+16.2%
P/E21.7×-19.8×
P/S2.1×+0.6×

Profitability

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Gross margin56.6%+0.2pp
Operating margin8.2%-2.7pp
Net margin9.8%+5.1pp
FCF margin10%-21.1pp

Returns & leverage

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Return on equity-3,232.9%
Debt / equity242,364.7×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by Kinetik Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Kinetik Holdings’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001692787-26-000092
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Gathering and processing services$93,772$127,926
Natural gas, NGLs and condensate sales312,233312,505
Other revenue3,9712,832
Total revenues$409,976$443,263

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's natural gas, ngls and condensate sales — total revenues?
Kinetik Holdings (KNTK) reported natural gas, ngls and condensate sales — total revenues of $312.23M in Q1 2026.
How has Kinetik Holdings's natural gas, ngls and condensate sales — total revenues changed year-over-year?
Kinetik Holdings's natural gas, ngls and condensate sales — total revenues decreased by 0.1% year-over-year, from $312.51M to $312.23M.
What is the long-term trend for Kinetik Holdings's natural gas, ngls and condensate sales — total revenues?
Over 4 years (2021 to 2025), Kinetik Holdings's natural gas, ngls and condensate sales — total revenues has grown at a 35.7% compound annual growth rate (CAGR), from $385.62M to $1.31B.
What does natural gas, ngls and condensate sales — total revenues mean?
This metric represents the total gross revenue generated from the sale of natural gas, natural gas liquids (NGLs), and condensate products. It reflects the company's direct exposure to commodity price fluctuations and production volumes within its midstream gathering and processing operations. Monitoring this figure helps investors assess the scale of the company's commodity marketing activities and its ability to monetize gathered volumes beyond simple fee-based service arrangements.

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