Kinetik Holdings (KNTK) Inventory Average (2019 - 2021)
Kinetik Holdings (KNTK) recorded quarterly Inventory Average of $3.1 million in Q4 2021, down 7.17% quarter-over-quarter from $3.4 million in Q3 2021, and down 13.97% on a YoY basis from $3.6 million in Q4 2020.
Kinetik Holdings (KNTK) Inventory Average (2019 - 2021) Analysis & Trends
Kinetik Holdings' Inventory Average history runs 3 years deep, the most recent figure standing at $3.1 million for Q4 2021.
- In Q4 2021, Inventory Average fell 13.97% year-over-year to $3.1 million; the TTM figure through Dec 2021 stood at $3.1 million (down 13.97% YoY), while the FY2021 annual figure was $3.3 million, down 14.02% from the prior year.
- Inventory Average was $3.1 million for Q4 2021 at Kinetik Holdings, down from $3.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $10.7 million in Q3 2019 to a low of $3.1 million in Q4 2021.
- Historically, Inventory Average has averaged $5.1 million across 3 years, with a median of $3.9 million in 2020.
- The sharpest annual moves came in 2020 and 2021: Inventory Average sank 65.38% in 2020, then retreated 8.13% in 2021.
- A 3-year view of Inventory Average shows it stood at $9.6 million in 2019, then slumped by 62.21% to $3.6 million in 2020, then decreased by 13.97% to $3.1 million in 2021.
- The last three Inventory Average figures came in at $3.1 million (Q4 2021), $3.4 million (Q3 2021), and $3.7 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.56 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 583.50 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 4.71 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 11.41 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 175.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 381.85 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.04 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 584.48 Mn |
| 10 | Kinetik Holdings | 3.00 Bn | 7.51 Bn | 221.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 3.12 Mn |
| Sep 30, 2021 | 3.36 Mn |
| Jun 30, 2021 | 3.67 Mn |
| Mar 31, 2021 | 3.74 Mn |
| Dec 31, 2020 | 3.63 Mn |
| Sep 30, 2020 | 3.72 Mn |
| Jun 30, 2020 | 3.99 Mn |
| Mar 31, 2020 | 4.12 Mn |
| Dec 31, 2019 | 9.60 Mn |
| Sep 30, 2019 | 10.73 Mn |
| Jun 30, 2019 | 6.11 Mn |
| Mar 31, 2019 | 5.87 Mn |