Kinetik Holdings (KNTK) Inventory (2017 - 2021)
Kinetik Holdings' Inventory was $2.96 million in Q4 2021, down 17.8% from $3.6 million a year earlier and down 10.0% from the prior quarter.
Analysis
Kinetik Holdings (KNTK) Inventory (2017 - 2021) Analysis & Trends
From Q4 2017 onward, Kinetik Holdings has reported Inventory for 14 quarters.
- Inventory has now declined for three consecutive years, though with a four-year compound annual growth rate of 41.3% (FY2017 to FY2021).
- In earlier years, Inventory was $3.6 million in FY2020 (-10.7%), $4.03 million in FY2019 (-30.6%), $5.8 million in FY2018 (+680.9%) and $743,000 in FY2017.
- The Q4 2021 figure marks the lowest quarterly Inventory since Q4 2017.
- Compared with a year earlier, Inventory has declined for nine straight quarters, with an average decline of 25.0% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q4 2018 (growth of 680.9%); the worst was Q3 2020 (a decline of 75.9%).
- Per Business Quant data, KNTK's Inventory in the three quarters before Q4 2021 was $3.29 million (Q3 2021), $3.44 million (Q2 2021) and $3.89 million (Q1 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 1.15 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 4.67 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 4.39 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 565.00 Mn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 676.66 Mn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 311.70 Mn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 1.06 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 723.00 Mn |
| 10 | Kinetik Holdings | 8.32 Bn | 12.40 Bn | 343.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 2.96 Mn |
| Sep 30, 2021 | 3.29 Mn |
| Jun 30, 2021 | 3.44 Mn |
| Mar 31, 2021 | 3.89 Mn |
| Dec 31, 2020 | 3.60 Mn |
| Sep 30, 2020 | 3.66 Mn |
| Jun 30, 2020 | 3.77 Mn |
| Mar 31, 2020 | 4.21 Mn |
| Dec 31, 2019 | 4.03 Mn |
| Sep 30, 2019 | 15.18 Mn |
| Jun 30, 2019 | 6.29 Mn |
| Mar 31, 2019 | 5.94 Mn |
| Dec 31, 2018 | 5.80 Mn |
| Dec 31, 2017 | 743,000.00 |
API Access
Kinetik Holdings Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=KNTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "KNTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=KNTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();