economy

March 9, 2026

Higher energy prices mean this stock's big dividend will get even larger. Investor Harrington is a buyer

This stock already pays a hefty 7.1% dividend that the company expects to grow by 3% to 5% this year.

Higher energy prices mean this stock's big dividend will get even larger. Investor Harrington is a buyer

TL;DR

  • Kinetik Holdings (KNTK) is a midstream energy company operating in the Permian Basin.
  • The company offers a 7.1% dividend yield, which is expected to grow by 3% to 5% annually.
  • Surging oil and natural gas prices, influenced by geopolitical events, are expected to boost Kinetik's business.
  • Kinetik's business model is more upstream-focused, involving natural gas and oil processing, storage, and water handling, making it sensitive to price fluctuations.
  • Analysts are becoming bullish on Kinetik, with Raymond James upgrading the stock and suggesting it could be a takeover target.
  • The company's dividend coverage ratio is projected to increase, supporting future dividend growth.

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