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Kinder Morgan Energy Partners Message Board

  • ilikestock ilikestock Apr 17, 1998 1:55 PM Flag

    Earnings 4/27?

    Conflicting reports on when earnings to be released. Here in Yahoo research 4/17 (today), whereas has it on 4/27...anyone know which is correct?

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    • Earnings are out as of 4/21/98! Please see the standard quote below from ENP Chairman. Okay savy investors, let's see if you can identify what is very obviously wrong withthis picture....?

      ``We are delighted with our results for the first quarter, which doubled on a per unit basis over the first quarter of 1997
      and constitute the highest net income in the history of the company,'' said Richard D. Kinder, Chairman and CEO of Kinder
      Morgan. ``All of our business segments increased their earnings substantially over the comparable period in 1997, with our Pacific
      operations (formerly Santa Fe Pacific Pipeline) contributing significantly to the bottom line even though their assets were only a part
      of the Kinder Morgan family for the month of March. Based on this strong financial performance, which we expect to continue, we
      anticipate reevaluating our quarterly distribution level at the end of the second quarter.''