Core Insights - Kinetik Holdings Inc. (NYSE:KNTK) experienced a significant share price decline of 10.66% from November 3 to November 10, 2025, ranking among the energy stocks that lost the most during that week [1] Financial Performance - The company reported mixed results for Q3 on November 5, with an EPS of $0.03, which fell short of expectations by $0.27, primarily due to increased costs of goods sold and operating expenses [3] - Kinetik's revenue for the quarter was $463.9 million, exceeding estimates by over $33 million and reflecting a year-over-year increase of 17.1% [3] - The company has lowered its adjusted EBITDA guidance by 5% for 2025 and 2% for 2026 [3] Analyst Ratings - Following the Q3 report, Clear Street analyst Tim Moore reduced the price target for Kinetik Holdings from $60 to $55 while maintaining a 'Buy' rating, indicating recognition of operational challenges and delays in the King's Landing project [4]

Core Viewpoint - ONEOK Inc. is considered one of the best infrastructure stocks to buy, with significant upside potential despite recent price target reductions by analysts [1][2]. Group 1: Analyst Ratings and Price Targets - Barclays analyst Theresa Chen lowered the price target for ONEOK to $78 from $83, maintaining an Equal Weight rating, indicating that the Q3 2025 financial report will be crucial for assessing the company's synergy targets and earnings growth capabilities [1]. - Earlier, BofA also reduced its price target for ONEOK to $100 from $109 while keeping a Buy rating, reflecting a broader update on price targets for Integrated, Refining, and Midstream stocks [2]. Group 2: Company Overview - ONEOK Inc. operates as a midstream service provider in the U.S., offering services such as gathering, processing, fractionation, transportation, storage, and marine export [3]. - The company is segmented into four main areas: Natural Gas Gathering & Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products & Crude [3].

Core Insights - Patterson-UTI Energy, Inc. (PTEN) is expected to report a third-quarter earnings loss of 9 cents per share, with revenues estimated at $1.17 billion, reflecting a decline from the previous year [1][3][10] Financial Performance - In the second quarter of 2025, PTEN reported an adjusted net loss of 6 cents per share, missing the consensus estimate of a 4-cent loss, while total revenues of $1.2 billion exceeded expectations by 0.3% [2] - PTEN has missed consensus estimates in each of the last four quarters, with an average negative surprise of 17.50% [3] Revenue and Cost Analysis - The Zacks Consensus Estimate for third-quarter revenues indicates a 13.56% decline from the previous year's $1.4 billion, primarily due to poor performance in Completion Services, Drilling Services, and other segments [3][7] - PTEN's operating costs are projected to decrease by 49.7% year-over-year to $1.2 billion, reflecting the company's focus on financial discipline [5][10] - Direct operating costs are expected to drop from $1 billion to $885.2 million, while depreciation, depletion, amortization, and impairment costs are anticipated to decrease from $374.7 million to $230.3 million [6] Market Position and Outlook - Despite the anticipated revenue decline, PTEN's cost-control measures are expected to mitigate the financial impact in the upcoming quarterly results [8] - The Zacks Consensus Estimate for third-quarter earnings has remained unchanged over the past week, indicating a lack of movement in market expectations [10]

Core Insights - ONEOK, Inc. (NYSE:OKE) is recognized for its significant upside potential and is included in the list of the 11 Best Retirement Stocks to Buy According to Analysts [1] - Analysts are evaluating ONEOK's strategic growth plans amidst the challenges posed by a shifting energy market [2] Company Developments - ONEOK is expanding its operations in the Permian Basin and is pursuing the Sun Belt Connector pipeline from Texas to Arizona to enhance transport capacity [3] - The company is expected to strengthen its competitive position with its wellhead-to-water NGL system in the Permian, although careful execution is necessary to achieve the anticipated returns [3] Analyst Ratings - Barclays has maintained a 'Hold' rating on ONEOK with a price target set at $83 [4] - The company is recognized as a midstream service provider offering various services including gathering, processing, fractionation, transportation, storage, and marine export in the U.S. [4]