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All Articles on Seeking Alpha

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Kinetik: Why This High-Yield Midstream Has Room To Run
Gen Alpha · 2026-05-24 · via All Articles on Seeking Alpha

Summary

  • Kinetik Holdings remains a compelling 'Buy' while maintaining a well-covered 6.4% dividend yield.
  • KNTK posted record Q1 2026 adjusted EBITDA, driven by strong midstream logistics performance and favorable commodity price spreads.
  • Growth catalysts include expanded customer contracts, Kings Landing sour gas conversion, and the ECCC pipeline, supporting long-term cash flow visibility and incremental expansion.
  • Despite recent outperformance, KNTK trades at a 6.1x P/CF, a discount to larger peers, offering both income and potential multiple expansion.
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Geothermal energy. Pipelines of a plant at sunset in Larderello, Tuscany region, Italy

StevanZZ/iStock via Getty Images

It pays to buy into up-and-coming and underfollowed stocks, especially when industry dynamics are working in their favor. While big players capture much of the attention, smaller names don’t require attention-grabbing acquisitions or developments to move the needle. They

23.27K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in KNTK over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.