Categories AlphaGraphs, Earnings, Energy
Infographic: A snapshot of Kinder Morgan’s Q4 2022 financial results
Energy infrastructure company Kinder Morgan, Inc. (NYSE: KMI) on Wednesday reported an increase in fourth-quarter profit, aided by a 3% growth in revenues.
Fourth-quarter earnings, excluding special items, moved up to $0.31 per share from $0.27 per share in the corresponding period of last year. Net income attributable to shareholders was $670 million or $0.30 per share, compared to $637 million or $0.28 per share last year.
The positive bottom-line performance reflects a 3% growth in revenues to $4.58 billion. The company also provided guidance for fiscal 2023.
Check this space to Read management/analysts’ comments on Kinder Morgan’s Q4 2022 results
“We generated robust earnings and strong coverage of this quarter’s dividend. Company shareholders continue to benefit from our capital-efficient business model that delivers on our time-tested goals: maintain a strong investment-grade balance sheet, internally fund expansion opportunities, pay an attractive and growing dividend, and further reward our shareholders by repurchasing our shares on an opportunistic basis,” said the company’s executive chairman Richard Kinder.
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