KNTK vs. DTM
KNTK (Kinetik Holdings Inc) and DTM (DT Midstream, Inc.) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 3 years, KNTK returned 20.19%/yr vs 49.32%/yr for DTM. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
KNTK vs. DTM - Performance Comparison
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Returns By Period
In the year-to-date period, KNTK achieves a 31.12% return, which is significantly higher than DTM's 18.88% return.
KNTK
- 1D
- 0.04%
- 1M
- -7.77%
- YTD
- 31.12%
- 6M
- 36.93%
- 1Y
- 8.91%
- 3Y*
- 20.19%
- 5Y*
- 13.83%
- 10Y*
- —
DTM
- 1D
- 2.19%
- 1M
- -4.13%
- YTD
- 18.88%
- 6M
- 20.39%
- 1Y
- 36.34%
- 3Y*
- 49.32%
- 5Y*
- —
- 10Y*
- —
KNTK vs. DTM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KNTK Kinetik Holdings Inc | 31.12% | -31.95% | 83.11% | 8.20% | 14.62% | -7.69% |
DTM DT Midstream, Inc. | 18.88% | 24.13% | 88.95% | 4.71% | 20.73% | 17.18% |
Correlation
The correlation between KNTK and DTM is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2021 | 0.54 |
Over the past year, the correlation between KNTK and DTM has dropped to 0.34 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
Fundamentals
KNTK:
$3.04B
DTM:
$14.52B
KNTK:
$3.57
DTM:
$4.55
KNTK:
12.75
DTM:
31.06
KNTK:
0.01
DTM:
3.18
KNTK:
1.68
DTM:
11.37
KNTK:
$1.73B
DTM:
$1.28B
KNTK:
$429.92M
DTM:
$810.00M
KNTK:
$1.06B
DTM:
$1.06B
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Return for Risk
KNTK vs. DTM — Risk / Return Rank
KNTK
DTM
KNTK vs. DTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetik Holdings Inc (KNTK) and DT Midstream, Inc. (DTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KNTK | DTM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.25 | 1.70 | -1.45 |
Sortino ratioReturn per unit of downside risk | 0.62 | 2.41 | -1.80 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.30 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 0.34 | 3.98 | -3.64 |
Martin ratioReturn relative to average drawdown | 0.80 | 9.89 | -9.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KNTK | DTM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | 1.70 | -1.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 1.31 | -1.36 |
Drawdowns
KNTK vs. DTM - Drawdown Comparison
The maximum KNTK drawdown since its inception was -95.36%, which is greater than DTM's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for KNTK and DTM.
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Drawdown Indicators
| KNTK | DTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.36% | -23.56% | -71.80% |
Max Drawdown (1Y)Largest decline over 1 year | -30.30% | -9.77% | -20.53% |
Max Drawdown (3Y)Largest decline over 3 years | -48.98% | -23.56% | -25.42% |
Max Drawdown (5Y)Largest decline over 5 years | -48.98% | — | — |
Current DrawdownCurrent decline from peak | -33.77% | -6.45% | -27.32% |
Average DrawdownAverage peak-to-trough decline | -48.53% | -5.99% | -42.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.80% | 3.93% | +8.87% |
Volatility
KNTK vs. DTM - Volatility Comparison
Kinetik Holdings Inc (KNTK) has a higher volatility of 8.70% compared to DT Midstream, Inc. (DTM) at 6.02%. This indicates that KNTK's price experiences larger fluctuations and is considered to be riskier than DTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KNTK | DTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 6.02% | +2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 23.60% | 15.55% | +8.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.87% | 21.57% | +14.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.54% | 25.57% | +12.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.76% | 25.57% | +60.19% |
Dividends
KNTK vs. DTM - Dividend Comparison
KNTK's dividend yield for the trailing twelve months is around 6.98%, more than DTM's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DTM DT Midstream, Inc. | 2.36% | 2.74% | 2.96% | 5.04% | 4.63% | 2.50% |
KNTK Kinetik Holdings Inc | 6.98% | 8.65% | 5.34% | 6.74% | 6.80% | 9.79% |
Financials
KNTK vs. DTM - Financials Comparison
This section allows you to compare key financial metrics between Kinetik Holdings Inc and DT Midstream, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KNTK vs. DTM - Profitability Comparison
KNTK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinetik Holdings Inc reported a gross profit of 0.00 and revenue of 409.98M. Therefore, the gross margin over that period was 0.0%.
DTM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DT Midstream, Inc. reported a gross profit of 251.00M and revenue of 336.00M. Therefore, the gross margin over that period was 74.7%.
KNTK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinetik Holdings Inc reported an operating income of -3.84M and revenue of 409.98M, resulting in an operating margin of -0.9%.
DTM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DT Midstream, Inc. reported an operating income of 166.00M and revenue of 336.00M, resulting in an operating margin of 49.4%.
KNTK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinetik Holdings Inc reported a net income of -5.13M and revenue of 409.98M, resulting in a net margin of -1.3%.
DTM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DT Midstream, Inc. reported a net income of 134.00M and revenue of 336.00M, resulting in a net margin of 39.9%.
Frequently Asked Questions
KNTK and DTM have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KNTK has higher volatility (8.70%) compared to DTM (6.02%). In terms of maximum drawdown, KNTK dropped -95.36% vs DTM's -23.56%.
DTM currently has the higher Sharpe Ratio (1.70 vs 0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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