earnings
confidence high
sentiment positive
materiality 0.80
Kinetik reports Q4 Adj EBITDA $237.5M, record FY $971.1M; guides FY25 Adj EBITDA $1.09-1.15B
Kinetik Holdings Inc.
2024-FY EPS reported
$1.02
revenue$1,482,929,000
- Q4 net income $16.2M; Full-year net income $244.2M, record Adj EBITDA $971.1M (+16% YoY).
- 2025 guidance: Adj EBITDA $1.09-1.15B, capital $450-540M; expects Q4'25 annualized Adj EBITDA >$1.2B.
- Bolt-on acquisition of Barilla Draw gathering systems in Reeves County, TX, closed January 2025.
- Increased quarterly dividend by 4%; year-end leverage ratio 3.4x.
- Promoted Lindsay Ellis to General Counsel; Karen Putterman appointed to Board.