Kinetik Holdings: Buy, Sell, or Hold After Its Recent Run?
Fresh off hiking its 2026 guidance and a gain of more than 7% in August, Kinetik Holdings remains a "buy" for energy income investors.
Overview
It's been a solid year for mid-cap stocks and an even better one for broader gauges of high-yield pipeline stocks. Combine those two concepts, and there's potential for investors to be cooking with gas (pun very much intended).
Just look at Kinetik Holdings (NYSE: KNTK). With a market capitalization of $8.9 billion, this pipeline operator is a mid-cap stock. As is the case with so many equities with that designation, Kinetik flies somewhat under the radar. That relative anonymity is amplified when measuring this name against larger, more widely known midstream companies.
This midstream stock is hot, but it's still a "buy." Image source: Getty Images.
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Originally published at www.fool.com.