Investing.com - Kinetik Holdings reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kinetik Holdings announced earnings per share of $1.04 on revenue of $325.18M. Analysts polled by Investing.com EPS of $0.60 on revenue of $319.17M.
Kinetik Holdings 's are down 29.95% and is trading at $34.10 , still down 24.21% from its 52 week high of $44.99 set on Thursday, June 9, 2022.
Kinetik Holdings follows other major Energy sector earnings this month
Kinetik Holdings's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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