Kinetik Holdings Inc
KNTK: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$31.00 | Wrfb | Zmllqfbgz |
Kinetik Holdings: A Permian Midstream Provider Nearing the End of Its Build-Out Phase
We initiate coverage on Kinetik Holdings with a $36 fair value estimate and no-moat rating. We think shares are fairly valued with few near-term catalysts for growth.