Kinder Morgan Earnings Preview: Analysts Expect Higher EPS, Revenue

Kinder Morgan Energy Partners L.P KMP unveils its next round of earnings this Wednesday, October 19, 2011. Get prepared with Benzinga's ultimate preview for Kinder Morgan Energy Partners L.P's third quarter earnings.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS of 47 cents/share and revenues of $2.32 billion. Kinder Morgan Energy Partners L.P's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 23 cents/share on revenues of $2.06 billion. We'll have to wait for Wednesday to see if Kinder Morgan Energy Partners L.P falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

At last check, shares of Kinder Morgan Energy Partners L.P were trading at $71.40. Since January 1st, shares of Kinder Morgan Energy Partners L.P have given investors a return of 6.5%.

Average Stock Rating:

The average rating by analysts for Kinder Morgan Energy Partners L.P is a Hold. This rating has strengthened slightly over the past ninety days.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Kinder Morgan Energy Partners L.P's peers.

• Copano Energy, L.L.C CPNO: Hold with a $0.01 recent quarter EPS
• El Paso EP: Moderate Buy with a $0.25 recent quarter EPS
• El Paso Pipeline Partners, L.P (EPB): Moderate Buy with a $0.50 recent quarter EPS

Kinder Morgan Energy Partners L.P is in the oil/gas production pipeline industry, which has experienced price/earnings growth of 5.2%.

Finally, a description of the company's main areas of operation: Kinder Morgan Energy Partners is a pipeline transportation and energy storage company in North America, which owns and manages a portfolio of energy transportation and storage assets.

Take Action:

There is your peek into Kinder Morgan Energy Partners L.P's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap. In the meantime, here are some links to explore today.

• To see up-to-date news on Kinder Morgan Energy Partners L.P, click here
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