Midstream Logistics News Today

Monashee Investment Management LLC acquired a new stake in Kinetik Holdings Inc. (NASDAQ:KNTK – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 64,900 shares of the company’s stock, valued at approximately $2,168,000. Kinetik makes up approximately 0.4% of Monashee Investment Management LLC’s […]

Barclays started coverage on shares of Kinetik (NASDAQ:KNTK – Free Report) in a research report sent to investors on Monday, MarketBeat reports. The brokerage issued an equal weight rating and a $40.00 price target on the stock. Several other brokerages also recently issued reports on KNTK. JPMorgan Chase & Co. upped their price objective on […]

Kinetik (NASDAQ:KNTK – Get Free Report) had its price target raised by investment analysts at Mizuho from $39.00 to $42.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Mizuho’s target price indicates a potential upside of 7.72% from the company’s current price. Several other […]

Royal Bank of Canada initiated coverage on shares of Kinetik (NASDAQ:KNTK – Free Report) in a report issued on Monday, Marketbeat Ratings reports. The firm issued an outperform rating and a $40.00 price objective on the stock. KNTK has been the subject of several other research reports. JPMorgan Chase & Co. raised Kinetik from a […]

JPMorgan Chase & Co. upgraded shares of Kinetik (NASDAQ:KNTK – Free Report) from a neutral rating to an overweight rating in a report published on Friday, Marketbeat reports. JPMorgan Chase & Co. currently has $40.00 price objective on the stock, up from their prior price objective of $38.00. Separately, Citigroup restated a neutral rating and […]

Generated fourth quarter 2023 net income of $267.4 million and Adjusted EBITDA1 of $228.0 million Reported full year 2023 net income of $386.5 million, Adjusted EBITDA1 of $838.8 million, and...

Kinetik Holdings Inc. (NASDAQ:KNTK – Get Free Report) announced a quarterly dividend on Wednesday, January 24th, Wall Street Journal reports. Shareholders of record on Thursday, February 22nd will be given a dividend of 0.75 per share on Thursday, March 7th. This represents a $3.00 dividend on an annualized basis and a yield of 8.80%. The […]

Shares of Kinetik Holdings Inc. (NASDAQ:KNTK – Get Free Report) have been assigned an average rating of “Hold” from the eleven brokerages that are presently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 […]

Kinetik Holdings Inc. (NASDAQ:KNTK – Get Free Report) has been given an average recommendation of “Hold” by the eleven ratings firms that are covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price […]

Kinetik Holdings Inc. (NASDAQ:KNTK – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $37.17 and last traded at $37.06, with a volume of 158586 shares traded. The stock had previously closed at $36.43. Wall Street Analysts Forecast Growth A number of brokerages […]