Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Kinetik Holdings's operating assets for the quarter that ended in Mar. 2026 was $7,110 Mil. Kinetik Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $379 Mil. Kinetik Holdings's Total Assets for the quarter that ended in Dec. 2025 was $7,096 Mil. Therefore, Kinetik Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.95.
Kinetik Holdings Scaled Net Operating Assets Related Terms
Kinetik Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Kinetik Holdings's Scaled Net Operating Assets 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.
Kinetik Holdings Scaled Net Operating Assets Chart
KNTK vs STNG, SUNC, INSW: Scaled Net Operating Assets Comparison
For the Oil & Gas Midstream subindustry, Kinetik Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinetik Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Kinetik Holdings's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.95 mean?
Kinetik Holdings (KNTK) has a Scaled Net Operating Assets of 0.95 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kinetik Holdings and its competitors.
Is Kinetik Holdings' Scaled Net Operating Assets too high?
Kinetik Holdings' current Scaled Net Operating Assets is 0.95. Overall, Kinetik Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kinetik Holdings' Scaled Net Operating Assets compare to STNG and SUNC?
Kinetik Holdings' Scaled Net Operating Assets of 0.95 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kinetik Holdings and its competitors. Kinetik Holdings's current Scaled Net Operating Assets is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetik Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kinetik Holdings (KNTK) is currently considered Fairly Valued. The stock's GF Value™ is $45.85, compared to a current price of $47.60 — trading 3.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.95. Kinetik Holdings' overall GF Score™ is 79/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Kinetik Holdings (KNTK), the current Scaled Net Operating Assets is 0.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kinetik Holdings (KNTK) Overvalued in 2026?
Based on GuruFocus' analysis, Kinetik Holdings stock appears to be overvalued.
The current stock price of $47.60 is trading 3.8% above its estimated GF Value™ of $45.85.
GuruFocus considers Kinetik Holdings to be Fairly Valued.
Key valuation signals for KNTK:
Scaled Net Operating Assets: 0.95
GF Value™: $45.85 vs. price of $47.60 (3.8% above fair value)
No single metric tells the full story. See the KNTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinetik Holdings Inc is a midstream operator that provides comprehensive gathering, transportation, compression, processing and treating services. Its activities also include NGL stabilization and transportation, produced water gathering and disposal, and crude oil gathering, stabilization, storage, and transportation. The company operates in two reportable segments: i) The Midstream Logistics segment operates under three service offerings: 1) gas gathering and processing, 2) crude oil gathering, stabilization, and storage services, and 3) produced water gathering and disposal. ii) The Pipeline Transportation segment consists of two EMI Pipelines originating in the Permian Basin with various access points to the U.S. Gulf Coast, Kinetik NGL Pipelines, and Delaware Link Pipeline.
79GF Score
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