KINETIK HOLDINGS INC. (KNTK)

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=jivedata("KNTK","financials")

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KINETIK HOLDINGS INC.

KNTK • CIK 0001692787

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Operating Income (Loss)	$159,255	$179,233	$164,919	$198,323
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$153,544	$267,268	$576,656	$604,717
Income Tax Expense (Benefit)	$-232,908	$23,035	$50,728	$54,479
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$386,452	$244,233	$525,928	$550,238
Noncontrolling Interest in Net Income (Loss) Limited Partnerships, Redeemable	$97,010	$164,219	$347,668	$353,881
Net Income (Loss) Attributable to Parent	—	—	$178,260	$196,357
Revenue from Contract with Customer, Excluding Assessed Tax	$1,256,412	$1,482,929	$1,764,389	$1,885,804
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization	$515,721	$620,618	$785,948	$832,203
Other Cost and Expense, Operating	$161,520	$195,970	$271,402	$281,977
General and Administrative Expense	$97,906	$134,157	$130,616	$139,241
Depreciation, Depletion and Amortization	$280,986	$324,197	$382,645	$401,373
Gain (Loss) on Disposition of Assets	$-19,402	$-4,040	$-8	$-18
Costs and Expenses	$1,097,157	$1,303,696	$1,599,470	$1,687,481
Interest and Other Income	$2,004	$2,802	$3,983	$930
Gain (Loss) on Extinguishment of Debt	$-1,876	$-525	$-635	$0
Equity Method Investment, Realized Gain (Loss) on Disposal	—	$89,802	$415,409	$415,409
Interest Income (Expense), Nonoperating, Net	$-205,854	$-217,235	$-233,371	$-228,684
Income (Loss) from Equity Method Investments	$200,015	$213,191	$226,351	$218,739
Nonoperating Income (Expense)	$-5,711	$88,035	$411,737	$406,394
Weighted Average Number of Shares Outstanding, Basic	51,823,000	59,284,000	61,962,000	71,566,000
Weighted Average Number of Shares Outstanding, Diluted	146,197,000	60,115,000	62,665,000	72,421,000

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Assets	$6,496,873	$6,814,937	$7,095,611	$7,202,470
Liabilities	$3,869,889	$3,835,871	$4,165,229	$4,290,428
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount	$3,157,807	$5,955,662	$3,495,762	$4,097,184
Cash and Cash Equivalents, at Carrying Value	$4,510	$3,606	$3,951	$7,830
Accounts Receivable, after Allowance for Credit Loss, Current	$215,721	$111,940	$85,276	$60,933
Derivative Asset, Current	$7,812	$2,308	$13,906	$19,792
Prepaid Expense and Other Assets, Current	$29,256	$36,705	$33,703	$36,134
Assets, Current	$257,299	$294,759	$302,036	$349,689
Property, Plant and Equipment, Net	$2,743,227	$3,433,864	$3,866,236	$3,943,428
Intangible Assets, Net (Excluding Goodwill)	$591,670	$652,490	$553,230	$493,561
Derivative Asset, Noncurrent	$165	$65	$1,467	$4,043
Operating Lease, Right-of-Use Asset	$37,569	$29,814	$71,147	$50,110
Deferred Income Tax Assets, Net	$235,627	$203,996	$197,702	$281,570
Deferred Costs and Other Assets	$85,250	$76,994	$89,991	$87,918
Equity Method Investments	$2,540,989	$2,117,878	$2,008,725	$1,987,074
Goodwill	$5,077	$5,077	$5,077	$5,077
Assets, Noncurrent	$6,239,574	$6,520,178	$6,793,575	$6,852,781
Accounts Payable, Current	$34,000	$27,239	$42,067	$48,643
Accrued Liabilities, Current	$177,421	$186,714	$172,050	$173,055
Derivative Liability, Current	$1,734	$10,011	$5,506	$5,110
Operating Lease, Liability, Current	$29,203	$18,701	$43,614	$35,502
Long-term Debt and Lease Obligation, Current	—	$140,200	$165,200	$225,000
Other Liabilities, Current	$7,786	$35,689	$12,064	$25,086
Liabilities, Current	$250,144	$418,554	$440,501	$512,396
Long-term Debt and Lease Obligation	$3,562,809	$3,363,996	$3,627,720	$3,700,562
Contract with Customer, Liability, Noncurrent	$25,761	$20,985	$30,959	$37,823
Operating Lease, Liability, Noncurrent	$9,349	$11,490	$29,033	$16,022
Derivative Liability, Noncurrent	$5,363	$1,937	$0	$425
Other Liabilities, Noncurrent	$3,219	$2,148	$14,717	$385
Deferred Income Tax Liabilities, Net	$13,244	$16,761	$22,299	$22,815
Liabilities, Noncurrent	$3,619,745	$3,417,317	$3,724,728	$3,778,032
Additional Paid in Capital	$192,678	$0	$240,725	$494,989
Retained Earnings (Accumulated Deficit)	$-723,516	$-2,976,612	$-806,121	$-1,680,147
Stockholders' Equity Attributable to Parent	$-530,823	$-2,976,596	$-565,380	$-1,185,142
Accounts Receivable, Allowance for Credit Loss, Current	$1,000	$1,000	$1,000	$1,000

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$386,452	$244,233	$525,928	$550,238
Net Cash Provided by (Used in) Operating Activities	$584,480	$637,346	$604,120	$639,733
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$-1,884	$-904	$345	$-2,903
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$4,510	$3,606	$3,951	$-4,174
Depreciation, Depletion and Amortization	$280,986	$324,197	$382,645	$401,373
Payments to Acquire Property, Plant, and Equipment	$312,860	$263,544	$492,474	$482,897
Amortization of Debt Issuance Costs	$6,194	$7,438	$7,869	$7,798
Payments to Acquire Intangible Assets	$16,694	$12,329	$37,197	$33,726
Capitalized Contract Cost, Amortization	$6,620	$6,621	$6,794	$7,488
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	—	$200	$5,190	$5,190
Payments to Acquire Interest in Subsidiaries and Affiliates	—	$85,417	$0	$0
Payment for Contingent Consideration Liability, Operating Activities	—	—	$5,390	$5,390
Proceeds from Sale of Equity Method Investments	—	$524,390	$504,184	$504,184
Proceeds from Sale of Productive Assets	$358	$409	$227	$249
Derivative, Gain (Loss) on Derivative, Net	$33,671	$-17,713	$23,729	$-10,470
Payments to Acquire Businesses, Gross	—	$357,967	$175,481	$175,481
Fair Value Adjustment of Warrants	$-88	$0	$0	$0
Net Cash Provided by (Used in) Investing Activities	$-686,320	$-176,887	$-199,094	$-11,729
Equity Method Investment, Realized Gain (Loss) on Disposal	—	$89,802	$415,409	$415,409
Gain (Loss) on Disposition of Assets	$-19,402	$-4,040	$-8	$-18
Income (Loss) from Equity Method Investments	$200,015	$213,191	$226,351	$218,739
Gain (Loss) on Extinguishment of Debt	$-1,876	$-525	$-635	$0
Share-based Payment Arrangement, Noncash Expense	$55,983	$76,536	$62,617	$61,996
Deferred Income Tax Expense (Benefit)	$-233,400	$19,503	$50,660	$54,894
Proceeds from Short-term Debt	—	$156,000	$112,400	$123,000
Repayments of Short-term Debt	—	$15,800	$87,400	$87,300
Proceeds from Issuance of Long-term Debt	$800,000	$0	$1,400,000	$0
Repayments of Long-term Debt	$800,000	$200,000	$1,000,000	$0
Payments of Debt Issuance Costs	$11,238	$1,086	$10,924	$387
Proceeds from Lines of Credit	$752,500	$1,060,000	$1,628,000	$804,000
Repayments of Lines of Credit	$553,500	$1,064,000	$1,765,000	$846,000
Payments of Ordinary Dividends, Common Stock	$81,352	$175,208	$193,728	$210,924
Payment for Contingent Consideration Liability, Financing Activities	—	—	$4,500	$4,500
Payments for Repurchase of Common Stock	$5,757	$0	$176,005	$103,451
Net Cash Provided by (Used in) Financing Activities	$99,956	$-461,363	$-404,681	$-630,907
Interest Paid, Excluding Capitalized Interest, Operating Activities	$207,700	$244,603	$216,067	$217,351
Income Taxes Paid, Net	$480	$560	$3,643	$1,233
Capital Expenditures Incurred but Not yet Paid	$27,316	$21,094	$31,934	$15,049
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$5,189	$43,682	$34,735	$17,003
Proceeds from Issuance of Common Stock, Dividend Reinvestment Plan	$352,060	$75,633	$1,650	$2,013
Increase (Decrease) in Prepaid Expense and Other Assets	$5,910	$-8,000	$12,445	$12,201
Increase (Decrease) in Accounts Payable	$19,804	$-40,849	$4,633	$6,163
Increase (Decrease) in Accrued Liabilities	$-6,521	$-2,913	$-12,611	$23,921
IncreaseDecreaseInOperatingLeaseLiability	$701	$-606	$1,123	$446
Noncash or Part Noncash Acquisition, Value of Assets Acquired	—	$875,244	$191,133	$-682
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed	$0	$89,577	$15,652	$0

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Import this data to Google Sheets with:

=jivedata("KNTK","financials")

Full statements spill as a table. For one cell: =jivedata("KNTK","Revenue") or =jivedata("KNTK","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.