Kinder Morgan (KMI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Escalating natural gas demand and stable take-or-pay contracts are aiding Kinder Morgan's (KMI) earnings.
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ExxonMobil can thrive even at lower oil prices. Kinder Morgan is benefiting from the need for more energy infrastructure.
Kinder Morgan (KMI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
U.S. power demand growth could surge through the end of this decade. Natural gas will play a vital role in meeting growing electricity demand.
Kinder Morgan NYSE: KMI has what it takes to deliver attractive value to investors. It is a steady energy business supported by rising demand with stable, visible cash flows that allow it to pay a substantial dividend.
Kinder Morgan entered 2024 with long-term growth concerns. The company has added several new expansion projects to its backlog this year.
Kinder Morgan's (KMI) Q2 earnings benefit from increased financial contributions from key segments, partially offset by higher costs and expenses.
Kinder Morgan, Inc. (NYSE:KMI ) Q2 2024 Earnings Call Transcript July 17, 2024 4:30 PM ET Company Participants Rich Kinder - Executive Chairman Kim Dang - CEO Tom Martin - President David Michels - VP and CFO Sital Mody - President, Natural Gas Pipelines Anthony Ashley - President, CO2 & Energy Transition Ventures Conference Call Participants Manav Gupta - UBS John Mackay - Goldman Sachs Keith Stanley - Wolfe Research Jeremy Tonet - JPMorgan Theresa Chen - Barclays Spiro Dounis - Citi Michael Blum - Wells Fargo Tristan Richardson - Scotiabank Harry Mateer - Barclays Sunil Sibal - Seaport Global Securities Operator Welcome to the Quarterly Earnings Conference Call. All lines have been placed on a listen-only mode until the question-and-answer session of today's call.
Kinder Morgan (KMI) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago.
The softening of natural gas prices amid geopolitical tensions is likely to have affected Kinder Morgan's (KMI) performance in the second quarter.