Event-Driven Stocks

Kinetik Holdings Inc.

KNTKNYSE

Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕

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Signs4 good2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$1.76B$1.48B$1.26B$1.21B$662.0M$410.2M
Operating income$164.9M$179.2M$159.3M$150.5M$65.6M$61.6M
Net income$178.3M$80.0M$289.4M$250.7M$99.2M$81.7M
Total assets$7.10B$6.81B$6.50B$5.92B$1.72B$1.80B
Total liabilities$4.17B$3.84B$3.87B$3.65B$819.6M$863.5M
Equity−$565.4M−$2.98B−$530.8M−$839.8M−$577.2M−$247.4M
EPS (diluted)$2.63$1.02$2.52$1.47$-3.86$0.36
Shares out.62.7M60.1M146.2M41.7M16.2M16.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
9.3%
Net margin
10.1%
Return on equity
−31.5%
Return on assets
2.5%
Return on capital (ROCE)
2.5%
Liabilities / assets
58.7%
Debt / equity
Book value / share
$-9.02
Revenue growth (YoY)
19.0%
Net income growth (YoY)
122.8%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-0.48distress
Accruals / assets
6.0%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
74
/ 100
Profitability 80Growth 100Catalyst 67Earnings quality 100Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe4 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
0 acquisitions1 disposalsnet 1,619 shares · last 1
InsiderDateTypeSharesPrice
Howard TrevorOfficer — See RemarksMar 4, 2026Sell1,619$46.92

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20265.8M4.6-12.7%
Apr 30, 20266.7M7.1+2.2%
Apr 15, 20266.6M5.3+12.2%
Mar 31, 20265.8M5.9-22.5%
Mar 13, 20267.5M5.8-10.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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