Kinetik Holdings (KNTK) Falls Following Mixed Q3 Report

The share price of Kinetik Holdings Inc. (NYSE:KNTK) fell by 10.66% between November 3 and November 10, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services.

Kinetik Holdings Inc. (NYSE:KNTK) slid after it reported mixed results for its third quarter on November 5, with the company’s EPS of $0.03 falling below expectations by $0.27, primarily due to higher costs of goods sold and operating expenses. However, the midstream operator’s revenue of $463.9 million managed to top estimates by over $33 million, besides being up by 17.1% YoY. Moreover, Kinetik lowered its adjusted EBITDA guidance by 5% for 2025 and 2% for 2026.

Following the report, Clear Street analyst Tim Moore lowered the firm’s price target on Kinetik Holdings Inc. (NYSE:KNTK) from $60 to $55, while maintaining a ‘Buy’ rating on its shares. The price update reflects the operational challenges faced by Kinetik during 2025 and the delay the company faces in bringing its King’s Landing project fully online.

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