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Market Overview

Recap: Kinder Morgan Q4 Earnings

Share:

Shares of Kinder Morgan (NYSE:KMI) rose  3.46% after the company reported Q4 results.

Quarterly Results

Earnings per share rose 3.85% over the past year to $0.27, which beat the estimate of $0.24.

Revenue of $3,115,000,000 declined by 7.07% year over year, which beat the estimate of $3,050,000,000.

Looking Ahead

KMI Sees FY21 EPS $0.92 vs $0.89 Est.

Conference Call Details

Date: Jan 20, 2021

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.kindermorgan.com%2F&eventid=2947993&sessionid=1&key=0DC895A96B869028A2E59EFFF380EF7E&regTag=&V2=false&sourcepage=register

Price Action

Company's 52-week high was at $22.58

52-week low: $9.42

Price action over last quarter: Up 19.98%

Company Overview

Kinder Morgan is one of the largest midstream energy firms in North America with 70,000 miles of U.S. natural gas pipelines and nearly 10,000 miles of oil and refined products pipelines. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil-fuel products.

 

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