Kinetik Holdings(NYSE:KNTK)delivers midstream infrastructure and services to oil and gas producers in the Texas Delaware Basin. Zimmer Partners, LP disclosed a new stake in Kinetik Holdings in a February 17, 2026, SEC filing, acquiring 2,735,400 shares in the fourth quarter. The estimated transaction value is $98.61 million, based on quarterly average pricing. What happened According to a recent SEC filing dated February 17, 2026, Zimmer Partners, LP reported acquiring 2,735,400 shares of Kinetik Holdin ...

Core Viewpoint - The article highlights four undervalued stocks that are well-positioned to navigate the market volatility expected in 2026, emphasizing their defensive business models and attractive dividend yields [4][18]. Group 1: Market Context - The stock market is currently experiencing heightened volatility due to inflation fears, geopolitical uncertainty, and shifting interest rate expectations [4]. - Investors are increasingly seeking stocks that offer attractive dividend income alongside defensive business models [2]. Group 2: Featured Stocks - **Betterware de México (BWMX)**: - YTD return of +20.3%, with a solid 6.38% dividend yield and a recent payout of $1.11 per share. The stock is undervalued, trading at $17.09, with a fair value upside of 61.2% [6][7]. - **Spectrum Brands (SPB)**: - YTD return of +21.8%, with a 2.5% dividend yield and a payout of $1.88 per share. The stock has a fair value upside of 57.6% and is seen as a defensive holding [8][9]. - **Sirius XM (SIRI)**: - YTD return of +12%, offering a 5.06% dividend yield with a payout of $1.08 per share. The stock trades at a P/E of 9.9x, with a fair value upside of 41.1% [10][15]. - **Kinetik Holdings (KNTK)**: - Leading with a YTD return of +29.3%, it offers a generous 7.94% dividend yield and a recent payout of $3.24 per share. The stock has a fair value upside of 27.1% and is considered a potential M&A candidate [16][17].

Kinetik Holdings Inc. (NYSE:KNTK) is included among the 13 Oil Stocks with Highest Dividends. Scotiabank Increases Kinetik Holdings (KNTK) Price Target by $2 Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services. On March 17, Scotiabank upped its price target on Kinetik Holdings Inc. (NYSE:KNTK) from $49 to $51, while maintaining an ‘Outperform’ rating on the shares. The revis ...

Core Viewpoint - Kinetik Holdings Inc. (NYSE:KNTK) is identified as one of the 12 Most Shorted Stocks to Buy in 2026, with analysts maintaining an "Outperform" rating and raising price targets following its Q4 2025 results [1][3]. Group 1: Analyst Ratings and Price Targets - RBC Capital analyst Elvira Scotto raised the price target on Kinetik Holdings' stock to $49 from $46 while maintaining an "Outperform" rating [1]. - Scotiabank also increased its price target on the stock to $49 from $48, keeping an "Outperform" rating despite the company providing softer guidance compared to expectations [3]. Group 2: Financial Outlook - Kinetik Holdings expects adjusted EBITDA to be between $950 million and $1,050 million, indicating a 7% year-over-year increase at the midpoint [3]. - The company is anticipated to face near-term challenges due to Waha price-related shut-ins but is expected to grow in the second half of 2026 and into fiscal year 2027, supported by new Permian Natural Gas takeaway capacity and growth projects coming online [2]. Group 3: Company Profile - Kinetik Holdings Inc. operates as a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation in the Delaware Basin [4].

Group 1 - The article discusses the author's professional background in the Nuclear Power industry and how it informs their investment decisions in equities and rental real estate for cash flow and long-term appreciation [1] - The focus is on presenting the underlying fundamentals and long-term potential of each equity or business being analyzed [1] Group 2 - The author has a beneficial long position in the shares of WES, indicating confidence in the company's future performance [2] - The article expresses the author's personal opinions and is not influenced by any business relationships with companies mentioned [2] Group 3 - The article emphasizes that past performance is not indicative of future results, highlighting the inherent uncertainties in investment [3] - It clarifies that no specific investment recommendations are being made, and opinions may not reflect those of Seeking Alpha as a whole [3]

Group 1 - Kinetik Holdings Inc. is recognized as one of the 14 Best Dividend Stocks to Invest in Under $50 [1] - Citi raised its price target for Kinetik Holdings from $46 to $51, maintaining a Buy rating due to a recent earnings beat and a positive growth outlook [2] - The company reported a 99.8% run time at its Kings Landing facility during Q4 2025, with strong ethane recoveries and reliable operations despite adverse weather conditions [3] Group 2 - Kinetik Holdings has made a final investment decision on a 40-megawatt gas-fired power generation project at Diamond Cryo, expected to begin service in late 2026 with a capital requirement of less than $25 million [4] - The company has updated gas gathering and processing agreements with its two largest legacy customers, extending the contracts into the mid-2030s with fixed-fee structures to enhance long-term cash flow visibility [4] - Kinetik operates as an integrated midstream company in the Permian-to-Gulf Coast region, providing various services for natural gas, natural gas liquids, crude oil, and water [5]

Core Insights - Brave Warrior Advisors sold its entire position in Kinetik Holdings, amounting to approximately $68.77 million, indicating a significant strategic shift away from midstream energy investments [1][2][10]. Company Overview - Kinetik Holdings is a midstream energy company with a market capitalization of nearly $3 billion and a strong presence in the Texas Delaware Basin [6]. - The company operates a contract-driven business model, focusing on stable, fee-based revenue streams, and provides essential services such as natural gas and crude oil transportation and processing [9]. Financial Performance - Kinetik generated $987.7 million in Adjusted EBITDA in 2025 and $620.5 million in distributable cash flow, covering its dividend at approximately 1.2 times [11]. - Management is guiding for Adjusted EBITDA of $950 million to $1.05 billion for 2026, reflecting a projected increase of about 7% at the midpoint [11]. Market Position - As of the latest report, shares of Kinetik Holdings were priced at $45.89, down 16% over the past year, underperforming the S&P 500, which increased by about 16% [8][12]. - The company has amended gathering agreements extending into the mid-2030s and is working on new projects like the ECCC Pipeline and Kings Landing expansion, which are expected to enhance volumes and margins [12]. Strategic Implications - The sale by Brave Warrior Advisors suggests a reduced exposure to commodity and infrastructure sectors, indicating a potential shift in risk assessment regarding midstream energy investments [10][13]. - For long-term investors, the focus remains on whether Kinetik's predictable fee-based cash flow and capital discipline can mitigate basin-level risks [13].

Core Viewpoint - Kinetik is focusing on strategic growth and operational reliability while navigating a challenging market environment, with plans for significant capacity expansion and improved financial performance in 2026 [4][5][20]. Group 1: Project Developments - Kinetik reached a final investment decision (FID) on the Kings Landing sour gas conversion project, expected to be operational by the end of 2026, increasing acid gas injection capacity to over 31 million cubic feet per day [1]. - The company achieved full commercial service at its Kings Landing processing facility, which doubled processing capacity in the Delaware North area [3]. - The ECCC pipeline is on schedule to enter service next quarter, enhancing connectivity between counties and processing capacity [7]. Group 2: Financial Performance - For Q4, Kinetik reported adjusted EBITDA of $252 million, distributable cash flow of $152 million, and free cash flow of -$12 million; for the full year, adjusted EBITDA was $988 million [6][12]. - The company ended 2025 with a leverage ratio of 3.8x and utilized approximately $500 million from the EPIC Crude sale to reduce debt [13]. - Kinetik's 2026 adjusted EBITDA guidance is set between $950 million and $1.05 billion, with capital expenditures projected at $450 million to $510 million [14][15]. Group 3: Strategic Initiatives - Kinetik completed a bolt-on acquisition of Barilla Draw gathering assets to expand its footprint and amended contracts to improve cash flow visibility and reduce exposure to Waha price volatility [5][8]. - The company is shifting residue gas pricing from Waha to Gulf Coast markets, which is expected to enhance customer realizations and mitigate in-basin volatility [9][10]. - Management is focusing on a growth-oriented capital allocation framework, targeting a leverage ratio of 3.5x to 4.0x and planning modest increases in shareholder returns [16]. Group 4: Operational Reliability - Kings Landing's performance was highlighted as "exceptionally well," with a runtime of 99.8% and strong ethane recoveries, demonstrating reliability amid rising inlet volumes and sour gas content [2]. - The company is also pursuing a gas-fired power generation project at the Diamond Cryo facility, which is expected to enhance operational reliability and reduce costs [20][21].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 001-38048 KINETIK HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...

Core Insights - Kinetik Holdings reported mixed financial results, with a significant earnings surprise, earning $2.16 per share against an analyst forecast of $0.33 per share, despite lower sales of $430.4 million compared to the expected $476.8 million [1][2] Financial Performance - The majority of Kinetik's earnings for the quarter were derived from asset sales, particularly a $415.4 million gain from the sale of its equity interest in EPIC Crude Holdings, LP, while operating profit was $48.4 million, more than double last year's Q4 profit of $23.7 million [2] - Kinetik's total profit for the year was reported at $2.63 per share, more than double last year's earnings, but this level of profit is not expected to recur in future quarters [3] Cash Flow and Capital Expenditure - Free cash flow was negative for the quarter but positive at $497.1 million for the year [3] - Kinetik anticipates high single-digit percentage growth year-over-year in gas processed volumes and forecasts capital spending between $450 million and $510 million for 2026, indicating a potential decrease in capital spending compared to the previous year [4] Future Outlook - The company is expected to generate increased free cash flow in the upcoming year [5]