Kinetik Holdings Inc. (KNTK) is a Great Momentum Stock: Should You Buy?

Company Overview - Kinetik Holdings Inc. (KNTK) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - KNTK shares have increased by 21.36% over the past week, outperforming the Zacks Oil and Gas - Field Services industry, which rose by 10.53% during the same period [6] - Over the past quarter, KNTK shares have gained 30.65%, and over the last year, they have increased by 57.82%, while the S&P 500 has only moved 10.53% and 37.42%, respectively [7] Trading Volume - The average 20-day trading volume for KNTK is 515,665 shares, which serves as a useful baseline for assessing price movements [8] Earnings Outlook - In the past two months, one earnings estimate for KNTK has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $1.39 to$1.46 [10] - For the next fiscal year, two estimates have been revised upwards, with no downward revisions during the same period [10]