Categories AlphaGraphs, Earnings, Energy
Kinder Morgan (KMI) Earnings: Key financials and quarterly highlights
Kinder Morgan, Inc. (NYSE: KMI) reported third quarter 2020 earnings results today.
Revenues fell 9% to $2.9 billion compared to the same period last year.
Net income attributable to Kinder Morgan fell 10% to $455 million while EPS dropped 9% to $0.20. Adjusted EPS declined 5% to $0.21.
For 2020, Kinder Morgan previously estimated DCF of approx. $5.1 billion ($2.24 per common share) and adjusted EBITDA of approx. $7.6 billion. Due to reduced energy demand and the sharp decline in commodity prices owing to the pandemic, the company expects DCF to be below plan by slightly more than 10% and adjusted EBITDA to be below plan by slightly more than 8%.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
