Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Kinetik Holdings Inc. has reported its first quarter 2025 financial results, demonstrating a strong performance that exceeded internal expectations.</li><li>The company announced an increase in its share repurchase program to $500 million, indicating a commitment to returning capital to shareholders.</li><li>The quarter saw a 7% year-over-year growth in adjusted EBITDA, reaching $250 million, driven by increased processed gas volumes and margin expansion in their Midstream Logistics segment.</li></ul>

Kinetik Holdings Inc. has reported its first quarter 2025 financial results, demonstrating a strong performance that exceeded internal expectations.The company announced an increase in its share repurchase program to $500 million, indicating a commitment to returning capital to shareholders.The quarter saw a 7% year-over-year growth in adjusted EBITDA, reaching $250 million, driven by increased processed gas volumes and margin expansion in their Midstream Logistics segment.

Kinetik Holdings: Its New Partnerships In Infrastructure & Power Generation Projects Can Be A Potential Game Changer!

<ul><li>Kinetik's Second Quarter 2024 earnings results reflect a period of significant transition and growth, underscored by its expansion through strategic acquisitions and portfolio adjustments.</li><li>The quarter marked the closure of the GCX divestiture and the Durango acquisition, broadening Kinetik's operational footprint in the Permian Basin, particularly into the northern Delaware Basin.</li><li>This expansion not only diversifies Kinetik’s geographic footprint and customer base but also improves its balance sheet and aligns with its strategic growth ambitions.</li></ul>

Kinetik's Second Quarter 2024 earnings results reflect a period of significant transition and growth, underscored by its expansion through strategic acquisitions and portfolio adjustments.The quarter marked the closure of the GCX divestiture and the Durango acquisition, broadening Kinetik's operational footprint in the Permian Basin, particularly into the northern Delaware Basin.This expansion not only diversifies Kinetik’s geographic footprint and customer base but also improves its balance sheet and aligns with its strategic growth ambitions.

Kinetik Holdings: An  Expanded Processing Capabilities and Infrastructure Development As A Critical Growth Lever! - Major Drivers

<ul><li>Kinetik reported a strong start to the year, surpassing its own internal expectations and signaling robust growth prospects for 2024.</li><li>In Q1, Kinetik recorded an adjusted EBITDA of $234 million, marking a 25% increase year-over-year.</li><li>This positive performance was primarily driven by volume growth, leveraging contributions from the Permian Highway Pipeline (PHP) expansion, and the Delaware Link.</li></ul>

Kinetik reported a strong start to the year, surpassing its own internal expectations and signaling robust growth prospects for 2024.In Q1, Kinetik recorded an adjusted EBITDA of $234 million, marking a 25% increase year-over-year.This positive performance was primarily driven by volume growth, leveraging contributions from the Permian Highway Pipeline (PHP) expansion, and the Delaware Link.

Kinetik Holdings Inc.: Strategic Market Positioning Through PHP Capacity! - Major Drivers

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

<ul><li>Kinetic is a Permian midstream business formed from the merger of Altus Midstream and Blackstone's Raptor I and Raptor II G&amp;P businesses</li><li>The company is the only large, pure-play Permian midstream business, with two business units focused on Midstream Logistics and Pipeline Transportation</li><li>Kinetic, still 50% owned by Blackstone, is expected to generate reasonable profits in the foreseeable future and presents a stable investment option in the current market environment</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Kinetic is a Permian midstream business formed from the merger of Altus Midstream and Blackstone's Raptor I and Raptor II G&amp;P businessesThe company is the only large, pure-play Permian midstream business, with two business units focused on Midstream Logistics and Pipeline TransportationKinetic, still 50% owned by Blackstone, is expected to generate reasonable profits in the foreseeable future and presents a stable investment option in the current market environmentThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Kinetik Holdings Inc. (KNTK) - Wednesday, Feb 21, 2024

<ul><li>Kinetik reported its Q4 2023 results and 2024 financial guidance, starting on an upbeat note by achieving record processed gas volumes each quarter and delivering projects on time and within budget.</li><li>The tireless focus on execution led to several strategic growth projects, priorities, and the company’s vision.</li><li>Moreover, various accomplishments in terms of system-wide treating and blending capabilities uniquely position Kinetik to support the next phase of growth in the basin, including treating increasingly important trends for producers developing shallower benches.</li></ul>

Kinetik reported its Q4 2023 results and 2024 financial guidance, starting on an upbeat note by achieving record processed gas volumes each quarter and delivering projects on time and within budget.The tireless focus on execution led to several strategic growth projects, priorities, and the company’s vision.Moreover, various accomplishments in terms of system-wide treating and blending capabilities uniquely position Kinetik to support the next phase of growth in the basin, including treating increasingly important trends for producers developing shallower benches.

Kinetik Holdings: Initiation Of Coverage - Midstream Logistics & Pipeline Transportation Crucial For Future Growth? - Major Drivers

United States

Kinetik Holdings Inc. operates as a holding company. The Company, through its subsidiaries, focuses on providing gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. Kinetik Holdings serves customers in the United States.

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Kinetik Holdings (KNTK US)

Kinetik Holdings: Its New Partnerships In Infrastructure & Power Generation Projects Can Be A Potential Game Changer!

Kinetik Holdings Inc. has reported its first quarter 2025 financial results, demonstrating a strong performance that exceeded internal...

Baptista Research

Kinetik Holdings: An Expanded Processing Capabilities and Infrastructure Development As A Critical Growth Lever! - Major Drivers

Kinetik's Second Quarter 2024 earnings results reflect a period of significant transition and growth, underscored by its expansion through...

Baptista Research

Kinetik Holdings Inc.: Strategic Market Positioning Through PHP Capacity! - Major Drivers

Kinetik reported a strong start to the year, surpassing its own internal expectations and signaling robust growth prospects for 2024. In Q1,...

Baptista Research

Kinetik Holdings Inc. (KNTK) - Wednesday, Feb 21, 2024

Kinetic is a Permian midstream business formed from the merger of Altus Midstream and Blackstone's Raptor I and Raptor II G&P businesses

Value Investors Club (VIC)

Kinetik Holdings: Initiation Of Coverage - Midstream Logistics & Pipeline Transportation Crucial For Future Growth? - Major Drivers

Kinetik reported its Q4 2023 results and 2024 financial guidance, starting on an upbeat note by achieving record processed gas volumes each...

Baptista Research

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