Kinetik Holdings Inc. (NYSE:KNTK) is one of the 13 best oil and gas storage stocks to buy according to hedge funds.
On January 28, the price target for Kinetik Holdings Inc. (NYSE:KNTK) was decreased from $46 to $45 by JPMorgan. The firm maintained an Overweight rating on the stock. The adjustment is based on persistent headwinds reflected in the company’s fourth quarter report. However, the firm maintained its constructive stance, anticipating tailwinds to emerge during the second half of 2026.
On January 22, Clear Street also maintained an Overweight rating on Kinetik Holdings Inc. (NYSE:KNTK), while lowering the price target from $55 to $52. The revision came ahead of the company’s December quarter announcements.
The firm lowered its adjusted EBITDA estimates for 2026 and 2027 by 5% and 3%, respectively. This revision reflects marginally lower expected volumes due to unplanned intrastate gas pipeline maintenance and some deliberate production pullbacks in early 2026.
Kinetik Holdings Inc. (NYSE:KNTK) is a midstream energy company that is involved in gathering, processing, treating, storing, and transporting natural gas, natural gas liquids (NGLs), crude oil, and produced water. The company serves producers across the Delaware basin. It also markets condensates, natural gas residue, and NGLs.
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