Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Kinetik Holdings's share price for the quarter that ended in Mar. 2024 was $39.87. Kinetik Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 60 Mil. Therefore, Kinetik Holdings's market cap for the quarter that ended in Mar. 2024 was $2,381 Mil.
Kinetik Holdings's quarterly market cap
increased
from Sep. 2023 ($1,840 Mil) to Dec. 2023 ($1,907 Mil) and
increased
from Dec. 2023 ($1,907 Mil) to Mar. 2024 ($2,381 Mil).
Kinetik Holdings's annual market cap
increased
from Dec. 2021 ($0 Mil) to Dec. 2022 ($1,511 Mil) and
increased
from Dec. 2022 ($1,511 Mil) to Dec. 2023 ($1,907 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Kinetik Holdings's Enterprise Value for Today is $5,948 Mil.
Kinetik Holdings Market Cap Historical Data
The historical data trend for Kinetik Holdings's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Kinetik Holdings's Market Cap
For the Oil & Gas Midstream subindustry, Kinetik Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kinetik Holdings's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinetik Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Kinetik Holdings's Market Cap falls into.
Kinetik Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Kinetik Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kinetik Holdings (NYSE:KNTK) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Kinetik Holdings Market Cap Related Terms
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Kinetik Holdings (Kinetik Holdings) Business Description
Kinetik is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. It operates exclusively in Texas, serving the Permian Basin and connecting fields with market hubs and other large pipelines. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines that transport molecules to the Gulf Coast enabling it to obtain exposure to export markets and international demand.
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