Kinetik Holdings - Class A Share Price Today

Morgan Stanley maintains Overweight on Kinetik, cuts target to $64

Morgan Stanley maintains Overweight rating on Kinetik Holdings. Price target lowered from $67 to $64. Analyst Robert Kad issued the rating update.

Kinetik Holdings Q3FY26: Record volumes, KL2 upsized, 2027 growth seen

Kinetik reported record processed gas volumes of 1.94 Bcf/d and adjusted EBITDA of $278.1 million for Q3FY26. Kings Landing II processing capacity upsized by over 25% to 380 MMcf/d with no increase in capital cost. Full-year 2026 adjusted EBITDA guidance raised to high end of $1.04 billion to $1.1 billion range. Dividend coverage ratio improved to 1.61x in Q3, supporting potential dividend growth in line with earnings. Management anticipates 2027 to be a step-change year driven by new G&P agreements and NGL contract expirations.

Morgan Stanley lowers Kinetik Holdings price target to $67

Morgan Stanley lowered Kinetik Holdings price target from $70 to $67. Analyst Robert Kad maintained an Overweight rating on the stock. The price target reduction amounts to a $3 decrease per share.

RBC Capital raises Kinetik Holdings price target to $58, maintains Outperform

RBC Capital maintains an Outperform rating on Kinetik Holdings. Price target raised from $57 to $58 by analyst Elvira Scotto. The revision represents a $1 increase in the projected share value.

Kinetik Holdings Q2FY26 Results: Adjusted EBITDA rises 35% YoY to $281 million

Adjusted EBITDA reached a record $281 million, with Midstream Logistics EBITDA up 35% YoY to $205 million. Full-year 2026 adjusted EBITDA guidance raised by $70 million to $1.04 billion to $1.1 billion. Capital expenditure guidance increased to approximately $560 million to fund King's Landing 2 expansion. Dividend coverage improved to 1.5x from 1.2x in FY25, with leverage stable at 3.8x.

Kinetik Holdings Reports Record Q2 2026 Results, Raises Full Year 2026 Guidance

Kinetik Holdings delivered record second quarter 2026 financial results, with diluted EPS of $0.64 beating consensus by 190.91%, total revenues of $581.440 million up 36.25% year-over-year, and Adjusted EBITDA of $280.784 million. The company raised its full year 2026 Adjusted EBITDA guidance to $1.04 billion–$1.1 billion and increased capital expenditure guidance to approximately $560 million, driven by the Kings Landing II FID, ECCC Pipeline in-service, and accelerating customer development activity.