Kinetik Holdings Inc (KNTK) Shares Drop 3.27% to $41.37 Amidst Market Volatility on July 21

Kinetik Holdings Inc (KNTK) shares fell 3.27% to $41.37 on Jul 21, with trading volume at 490,051 shares. The stock is 38.80% below its 52-week high of $67.60 and 9.30% above its 52-week low of $37.85. Analysts forecast an average target price of $52.54, indicating a 27.01% upside from the current price. The estimated GF Value for KNTK in one year is $49.21, suggesting an 18.95% upside.

Kinetik Holdings Inc (KNTK) shares experienced a decline of 3.27% on July 21, 2025, closing at $41.37. The trading volume reached 490,051 shares, indicating significant interest in the stock [1]. The stock is currently 38.80% below its 52-week high of $67.60 and 9.30% above its 52-week low of $37.85 [1].

Analysts have forecasted an average target price of $52.54 for KNTK, suggesting a potential 27.01% upside from the current price [1]. Additionally, the estimated GF Value for KNTK in one year is $49.21, indicating an 18.95% upside [1].

Kinetik Holdings Inc operates as a midstream energy company in the Texas Delaware Basin, providing services such as gathering, compression, processing, stabilization, treating, and storage for natural gas, natural gas liquids (NGL), and crude oil [1]. The company's recent earnings call for Q1/2025 showed a significant miss, with EPS at $0.05 compared to the forecast of $0.36 and revenue at $443.26M compared to the expected $487.82M [1].

The company's stock has faced challenges due to commodity headwinds and price fluctuations, but it has also shown strategic growth initiatives such as the Kings Landing 1 project and potential power generation initiatives [1]. Analysts have projected an EPS of $1.45 for fiscal year 2025, with price targets ranging from $43 to $57 [1].

Overall, while Kinetik Holdings Inc faces market challenges, its strategic growth plans and strong asset base in the Permian Basin position it as a key player in the North American midstream energy sector.

References:
[1] https://www.investing.com/equities/kayne-anderson-acquisition-corp-ord