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

Kinder Morgan reports Q2 2020 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results

Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew

Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results

Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter

McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings

Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top