Kinetik Holdings, through its consolidated subsidiaries, provides gathering, water disposal, transportation, compression, processing and treating services necessary to bring natural gas, natural gas liquids and crude oil to market. Additionally, Co. owns equity interests in four separate Permian Basin pipeline entities that have access to various markets along the Texas Gulf Coast. We show 3 historical shares outstanding datapoints in our coverage of KNTK's shares outstanding history.
Understanding the changing numbers of KNTK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like KNTK versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching KNTK by allowing them to research KNTK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
