KMI - Kinder Morgan, Inc.
| Previous Close | 20.91 |
| Open | 20.95 |
| Bid | 0.00 x 3200 |
| Ask | 0.00 x 21500 |
| Day's Range | 20.59 - 21.00 |
| 52 Week Range | 14.62 - 21.50 |
| Volume | 11,148,919 |
| Avg. Volume | 13,452,266 |
| Market Cap | 46.61B |
| Beta (3Y Monthly) | 0.97 |
| PE Ratio (TTM) | 29.75 |
| EPS (TTM) | 0.69 |
| Earnings Date | Oct 15, 2019 - Oct 21, 2019 |
| Forward Dividend & Yield | 1.00 (4.78%) |
| Ex-Dividend Date | 2019-04-29 |
| 1y Target Est | 21.79 |
Motley Fool•6 hours agoKinder Morgan Inc (KMI) Q2 2019 Earnings Call Transcript
KMI earnings call for the period ending June 30, 2019.
- InvestorPlace•9 hours ago
Kinder Morgan Earnings: KMI Stock Dips as Q2 Results Mixed
Kinder Morgan (NYSE:KMI) posted its latest quarterly earnings results late Wednesday, turning a profit following a loss a year ago, yet sales fell about 5.9% when compared to the company's same results a year ago. These results marked a decline for KMI stock after hours.Source: Shutterstock The Houston, Texas-based energy business announced its results for its fiscal 2019 second quarter, which were unveiled in a statement posted after Wall Street shuttered its doors this hump day. Net income for the three-month period totaled $518 million, which is also about 23 cents per share as far as stockholders are concerned.It would make sense to say this profit was a success for Kinder Morgan during the period, especially when we take into consideration the $180 million loss -- 8 cents per share -- reported during the same period in 2018. However, we should also take into account revenue during the second quarter, which tallied up to $3.2 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThese sales were about 5.9% lower than the brand's year-ago revenue of $3.4 billion. Kinder Morgan added that it missed Wall Street's guidance on the revenue side of things by $380 million, yet these results were in line with what analysts called for on the profit metric.A cash dividend of 25 cents per share has been approved by the company's board of directors.KMI stock is down about 2.1% after hours on Wednesday following the company's quarterly earnings results, which were mixed. Shares fell about 1.5% during regular trading hours for Kinder Morgan. More From InvestorPlace * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond * 7 Dependable Dividend Stocks to Buy * 7 Dependable Dividend Stocks to Buy * 10 Stocks to Sell for an Economic Slowdown The post Kinder Morgan Earnings: KMI Stock Dips as Q2 Results Mixed appeared first on InvestorPlace.
- Reuters•10 hours ago
UPDATE 2-Kinder Morgan moves ahead with pipeline connection to Houston
Kinder Morgan Inc will go ahead with a South Texas pipeline connection that would transport crude from Phillips 66's 900,000 barrel-per-day (bpd) Gray Oak pipeline in the Permian Basin to delivery points at the Houston Ship Channel, the company said on Wednesday. The pipeline operator expects the connection will begin service by the end of 2019 carrying 100,000 bpd. Kinder and Phillips began soliciting shipper commitments for the connection in February.
- Zacks•10 hours ago
Kinder Morgan (KMI) Lags Q2 Earnings and Revenue Estimates
Kinder Morgan (KMI) delivered earnings and revenue surprises of -4.35% and -11.57%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Reuters•11 hours ago
Kinder Morgan second-quarter earnings miss Wall Street estimates by a penny
- Reuters•11 hours ago
Kinder Morgan Q2 earnings miss Wall Street estimates by a penny
- Business Wire•11 hours ago
Kinder Morgan Declares $0.25 Per Share Dividend and Announces Results for Second Quarter of 2019
Strong Performance in Natural Gas Pipelines Segment; Major Permian Projects Advance
- CNW Group•11 hours ago
Kinder Morgan Canada Limited Declares Dividend and Announces Results for Second Quarter of 2019
Kinder Morgan Canada Limited Declares Dividend and Announces Results for Second Quarter of 2019
- Market Realist•14 hours ago
What’s Hampering Energy Transfer’s Recent Performance?
Despite solid earnings growth in the last several quarters, Energy Transfer's (ET) performance has failed to pick up.
- Bloomberg•16 hours ago
A $2 Billion Gas Pipe Is Rare Flashpoint on Friendly Texas Turf
(Bloomberg) -- A Kinder Morgan Inc.-led natural gas conduit is getting blowback in a place that’s so far been a refuge for the embattled pipeline industry: Texas. And it comes as drillers in the Lone Star state need pipeline space more than ever.The $2 billion Permian Highway Pipeline would carry gas from America’s most prolific shale basin in West Texas to the Gulf Coast, helping to relieve bottlenecks that have led producers to burn off enough fuel to supply every home in Texas.But landowners along the route are staging a fight, arguing against the company’s use of eminent domain and urging city and county officials to consider potential environmental and safety consequences.The dispute poses a risk of pitting environmentalists concerned about the burning of excess gas -- called flaring -- against property owners who don’t want a pipeline running through their backyard or ranch. Oil explorers in West Texas are producing record amounts of gas as a by-product of crude drilling, and without new pipelines, their only option is to flare the gas into the sky.Flaring“In practice, these things are in conflict with each other,” said Katie Bays, an energy analyst and co-founder of Washington-based Sandhill Strategy. “But I don’t think you’re ever going to get pipeline opponents to own the flaring problems because it’s not really their point.”Pipeline companies are rushing to lay new steel in the ground. In addition to the Permian Highway project, Kinder also is readying the Gulf Coast Express line. The Whistler Pipeline, backed by a group that includes MPLX LP, WhiteWater Midstream and Stonepeak Infrastructure Partners, is also moving forward. Together, those three projects will be able to carry about 6 billion cubic feet a day of gas from the Permian Basin to the Gulf Coast over the next two years, according to RBN Energy LLC.That could face challenges, however, if resistant landowners succeed in the courts.Hays County, which sits about 300 miles (480 kilometers) east of the Permian Basin, voted Tuesday to join a birding group and other plaintiffs in filing a notice of intent to sue Kinder, the Army Corps of Engineers and the U.S. Fish and Wildlife Service over the project.The complaint takes issue with a “thinly-veiled attempt to avoid obtaining the necessary federal permits to allow [Kinder Morgan] to lawfully ‘take’ federally listed endangered species during the construction, operation, and maintenance” of the Permian Highway Pipeline, according to a statement Tuesday.So far, Kinder has come out on top of litigation dealing with the project.The Travis County District Court last month dismissed all claims against the Texas Railroad Commission, which oversees drilling and permits for projects like Kinder’s Permian Highway Pipeline. In response, the Texas Real Estate Advocacy and Defense Coalition -- or TREAD -- promised “additional legal actions.”“We feel confident that the Travis County District Court ruled in accordance with settled law and we continue to work with all stakeholders, including state and federal regulators, as we complete the Permian Highway Pipeline Project,” Kinder spokeswoman Melissa Ruiz said in an email.Property RightsLandowners, however, see hope that “the courts will look favorably on our argument,” Andrew Samson, a rancher and plaintiff in the lawsuit against the Texas Railroad Commission, said in a statement. “Everyone who hears about the total lack of due process in these pipeline condemnations is shocked, particularly in Texas where private property rights are sacred.”But it’s a tough battle to wage in a state where laws granting permissions to pipelines are so expansive, Bays said.“It’s the closest thing to a volatile project in Texas,” she said. “There’s a war of attrition that you’re probably going to see as communities figure out to the extent that there are any legal arguments that are effective.”To contact the reporter on this story: Rachel Adams-Heard in Houston at radamsheard@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Joe Carroll, Steven FrankFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks•17 hours ago
Oil & Gas Pipeline Industry Outlook Bright on Growth Projects
Oil & Gas Pipeline Industry Outlook Bright on Growth Projects
- Zacks•20 hours ago
The Zacks Analyst Blog Highlights: Netflix, ASML, PNC Financial Services, Kinder Morgan and United Rentals
The Zacks Analyst Blog Highlights: Netflix, ASML, PNC Financial Services, Kinder Morgan and United Rentals
- ACCESSWIRE•yesterday
Kinder Morgan, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / July 17, 2019 / Kinder Morgan, Inc. (NYSE: KMI ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 17, 2019 at 4:30 PM Eastern ...
- Zacks•2 days ago
Should You Buy Kinder Morgan (KMI) Ahead of Earnings?
Kinder Morgan (KMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Zacks•2 days ago
5 Large-Cap Stocks Poised to Beat on Earnings in Q2
Despite investor concerns, a few large companies are likely to beat earnings estimates in the second quarter.
- Motley Fool•3 days ago
3 Things to Watch When Kinder Morgan Reports Its Q2 Results
The natural gas and oil pipeline giant is due to announce results Wednesday after the market closes.
- Motley Fool•3 days ago
The 10 Biggest Texas Stocks
Everything's bigger in Texas, and you'll find some of the most important companies in the world there.
- Motley Fool•5 days ago
3 Signs a Stock’s Dividend Might Be at Risk
Income investors love high-yield stocks, but you need to be on the lookout for dividend cuts. Here are some clues that there's trouble brewing.
- Market Realist•6 days ago
Why Kinder Morgan’s Q2 Earnings Are Expected to Rise
Kinder Morgan is expected to report its second-quarter earnings results next week. Let's see what factors influenced it in the quarter.
- Zacks•6 days ago
Is a Beat Likely for Kinder Morgan (KMI) in Q2 Earnings?
Kinder Morgan's (KMI) second-quarter 2019 results will likely get a boost from steep demand for natural gas transportation assets.
- Business Wire•7 days ago
Kinder Morgan Announces Second Quarter ’19 Earnings Webcast
Kinder Morgan, Inc. announces the following webcast:
- Zacks•8 days ago
Kinder Morgan (KMI) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Kinder Morgan (KMI) closed at $21.18, marking a -0.28% move from the previous day.
- Zacks•8 days ago
Kinder Morgan (KMI) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Kinder Morgan (KMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•8 days ago
Here's Why You Should Retain Kinder Morgan (KMI) Stock Now
Kinder Morgan (KMI) has the largest network of natural gas pipelines, which spread across almost 84,000 miles, in North America.
- Markit•9 days ago
See what the IHS Markit Score report has to say about Kinder Morgan Inc.
Kinder Morgan Inc NYSE:KMIView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for KMI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting KMI. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.26 billion over the last one-month into ETFs that hold KMI are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. KMI credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
