Kinetik Holdings Inc. Profit Falls In Q4

Kinetik Holdings Inc. (KNTK) announced earnings for fourth quarter that decreased from last year

The company's earnings totaled $5.51 million, or $0.01 per share. This compares with $247.41 million, or $1.75 per share, last year.

The company's revenue for the period rose 10.6% to $385.72 million from $348.87 million last year.

Kinetik Holdings Inc. earnings at a glance (GAAP) :

-Earnings: $5.51 Mln. vs. $247.41 Mln. last year.
-EPS: $0.01 vs. $1.75 last year.
-Revenue: $385.72 Mln vs. $348.87 Mln last year.

by RTTNews Staff Writer

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