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Kinetik Holdings KNTK Pipeline Transportation — Unrealized Gain (Loss) on Derivatives

Other segment segments

Midstream Logistics
$46.99M+159%

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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$7.98B+219%
Enterprise value$11.87B+82.7%
P/E46.8×+5.8×
P/S4.6×+3.1×

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:UnrealizedGainLossOnDerivatives.

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
For the three months ended March 31, 2026Midstream Logistics / (In thousands)Pipeline Transportation / (In thousands)Corporate and Other(1) / (In thousands)Elimination / (In thousands)Consolidated / (In thousands)
Amortization of contract costs1,9501,950
Proportionate EMI EBITDA70,02970,029
Share-based compensation20,66320,663
Commodity hedging unrealized loss46,98746,987
Integration costs368368
Litigation costs11,61311,613
Other one-time costs or amortization1,526881,614
Income (loss) before income taxes$28,931$56,807$(91,641)$(5,903)

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's pipeline transportation — unrealized gain (loss) on derivatives?
Kinetik Holdings (KNTK) reported pipeline transportation — unrealized gain (loss) on derivatives of $0 in Q1 2026.
What does pipeline transportation — unrealized gain (loss) on derivatives mean?
The change in the fair value of derivative financial instruments used for hedging commodity price risks within the pipeline transportation segment that have not yet been settled. This metric captures the volatility of market-to-market adjustments on hedging positions. It provides insight into the effectiveness of risk management strategies against fluctuating energy prices.

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