12 Stocks with Highest Dividend to Invest In Now

7. Kinetik Holdings Inc. (NYSE:KNTK)

Dividend Yield as of June 16: 7.14%

On June 5, RBC Capital raised its price recommendation on Kinetik Holdings Inc. (NYSE:KNTK) to $53 from $50. It reiterated an Outperform rating on the shares. The firm said Waha price-related shut-ins are likely to continue until additional takeaway capacity comes online later this year. Even so, the analyst believes Kinetik is well-positioned to benefit from growth in New Mexico sour gas production once pricing conditions support increased activity.

During Kinetik’s first-quarter 2026 earnings call, CEO Jamie Welch said the company delivered record earnings for the quarter. He noted that Kinetik had converted several opportunities into new and amended agreements across its Texas and New Mexico operations.

Welch also highlighted a significant contract amendment with an existing customer in New Mexico. He said the revised agreement increases the originally dedicated acreage by about 25% and extends the contract term through 2039. According to Welch, around 75% of the company’s legacy Durango gas processing volumes have been covered by amended agreements over the past four months.

Discussing future opportunities in New Mexico, Welch said progress on sour gas conversion projects and recent contract developments had created strong commercial momentum. He added that these factors could support a potential expansion of processing capacity at the Kings Landing complex.

Kinetik Holdings Inc. (NYSE:KNTK) is an integrated Permian-to-Gulf Coast midstream company operating in the Delaware Basin. The company provides gathering, transportation, compression, processing, and treating services for producers of natural gas, natural gas liquids, crude oil, and water.