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Kinetik (KNTK) Revenue & Revenue Breakdown

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Kinetik Revenue Highlights

Latest Revenue (Y)

$1.48B

Latest Revenue (Q)

$385.72M

Main Segment (Y)

Natural Gas, NGLs and Condensate Sales

Kinetik Revenue by Period

Kinetik Revenue by Year

DateRevenueChange
2024-12-31$1.48B18.03%
2023-12-31$1.26B3.54%
2022-12-31$1.21B83.29%
2021-12-31$662.04M61.40%
2020-12-31$410.18M8.30%
2019-12-31$378.74M-33.71%
2018-12-31$571.37M3673.42%
2017-12-31$15.14M100.00%
2016-12-31--

Kinetik generated $1.48B in revenue during NA 2024, up 18.03% compared to the previous quarter, and up 391.54% compared to the same period a year ago.

Kinetik Revenue by Quarter

DateRevenueChange
2024-12-31$385.72M-2.69%
2024-09-30$396.36M2.88%
2024-06-30$385.28M12.85%
2024-03-31$341.39M-2.14%
2023-12-31$348.87M5.62%
2023-09-30$330.30M11.51%
2023-06-30$296.20M5.40%
2023-03-31$281.04M-4.89%
2022-12-31$295.49M-9.13%
2022-09-30$325.18M-3.10%
2022-06-30$335.57M30.45%
2022-03-31$257.25M17.27%
2021-12-31$219.37M31.69%
2021-09-30$166.59M22.70%
2021-06-30$135.77M-8.33%
2021-03-31$148.10M27.55%
2020-12-31$116.11M189.03%
2020-09-30$40.17M27.06%
2020-06-30$31.62M-22.45%
2020-03-31$40.77M-6.93%
2019-12-31$43.80M28.80%
2019-09-30$34.01M40.89%
2019-06-30$24.14M-28.68%
2019-03-31$33.85M-56.80%
2018-12-31$78.36M100.00%
2018-09-30-100.00%
2018-06-30-100.00%
2018-03-31-100.00%
2017-09-30-100.00%
2017-06-30--

Kinetik generated $385.72M in revenue during Q4 2024, up -2.69% compared to the previous quarter, and up 116.78% compared to the same period a year ago.

Kinetik Revenue Breakdown

Kinetik Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Product and Service, Other$11.94M$16.25M$13.18M--
Natural Gas, NGLs and Condensate Sales$1.06B$822.41M$806.35M--
Gathering and Processing Services$408.00M$417.75M$393.95M--
Product---$9.75M$3.69M
Natural Gas, Gathering---$18.19M$20.06M
Natural Gas, Processing---$107.88M$106.40M
Natural Gas, Transmission---$12.57M$14.55M
Service---$142.73M$144.71M
Service, Other---$1.66M$937.00K
Natural Gas Liquids---$2.42M$2.77M

Kinetik's latest annual revenue breakdown by segment (product or service), as of Dec 24: Natural Gas, NGLs and Condensate Sales (71.68%), Gathering and Processing Services (27.51%), and Product and Service, Other (0.81%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Natural Gas, NGLs and Condensate Sales$312.50M$536.00M$290.42M$236.57M$235.88M$221.28M$191.43M$173.82M$187.97M$213.80M$229.65M$174.93M--------
Gathering and Processing Services$127.93M$202.71M$103.10M$102.19M$107.43M$104.35M$102.55M$103.42M$103.83M$107.60M$102.08M$80.44M--------
Product and Service, Other$2.83M$6.47M$2.84M$2.63M$5.57M$4.67M$2.22M$3.79M$3.69M$3.78M$3.84M$1.88M$225.00K$150.00K------
Product------------$2.39M$3.13M$2.62M$1.79M$1.30M---
Natural Gas Liquids------------$629.00K$671.00K$652.00K$708.00K$587.00K$826.00K--
Natural Gas, Processing------------$35.52M$25.42M$24.78M$28.53M$23.18M$29.90M--
Natural Gas, Transmission------------$3.06M$3.23M$3.29M$3.86M$3.23M$4.17M--
Service------------$44.18M$34.55M$32.47M$31.53M$33.46M$38.87M--
Service, Other------------$431.00K$429.00K$147.00K$415.00K----
Natural Gas, Gathering And Compression-------------$4.80M$5.35M$4.39M$5.72M---

Kinetik's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Natural Gas, NGLs and Condensate Sales (70.50%), Gathering and Processing Services (28.86%), and Product and Service, Other (0.64%).

Kinetik Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PAAPlains All American Pipeline$50.07B$12.40B
MPLXMPLX LP$11.93B$2.84B
NGLNGL Energy Partners LP$6.96B$1.55B
WESWestern Midstream Partners, LP$3.61B$928.50M
GELGenesis Energy$2.97B$725.55M
HESMHess Midstream LP$1.50B$395.00M
KNTKKinetik$1.48B$385.72M
DTMDT Midstream$981.00M$303.00M
MMLPMartin Midstream Partners$707.62M$192.54M
DLNGDynagas LNG Partners LP$160.48M$36.95M

KNTK Revenue FAQ

What is Kinetik’s yearly revenue?

Kinetik's yearly revenue for 2024 was $1.48B, representing an increase of 18.03% compared to 2023. The company's yearly revenue for 2023 was $1.26B, representing an increase of 3.54% compared to 2022. KNTK's yearly revenue for 2022 was $1.21B, representing an increase of 83.29% compared to 2021.

What is Kinetik’s quarterly revenue?

Kinetik's quarterly revenue for Q4 2024 was $385.72M, a -2.69% decrease from the previous quarter (Q3 2024), and a 10.56% increase year-over-year (Q4 2023). The company's quarterly revenue for Q3 2024 was $396.36M, a 2.88% increase from the previous quarter (Q2 2024), and a 20.00% increase year-over-year (Q3 2023). KNTK's quarterly revenue for Q2 2024 was $385.28M, a 12.85% increase from the previous quarter (Q1 2024), and a 30.07% increase year-over-year (Q2 2023).

What is Kinetik’s revenue growth rate?

Kinetik's revenue growth rate for the last 3 years (2022-2024) was 22.20%, and for the last 5 years (2020-2024) was 261.53%.

What are Kinetik’s revenue streams?

Kinetik's revenue streams in c 24 are Product and Service, Other, Natural Gas, NGLs and Condensate Sales, and Gathering and Processing Services. Product and Service, Other generated $11.94M in revenue, accounting 0.81% of the company's total revenue, down -26.51% year-over-year. Natural Gas, NGLs and Condensate Sales generated $1.06B in revenue, accounting 71.68% of the company's total revenue, up 29.25% year-over-year. Gathering and Processing Services generated $408M in revenue, accounting 27.51% of the company's total revenue, down -2.33% year-over-year.

What is Kinetik’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Kinetik was Natural Gas, NGLs and Condensate Sales. This segment made a revenue of $1.06B, representing 71.68% of the company's total revenue.