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

Netflix (NFLX): Four reasons why this leader will not be easy to overthrow

Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also

Fastenal (FAST) sees strong post-COVID prospects: Is the stock a buy?

The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,

HEXO Corp. (HEXO) Earnings: 3Q21 Key Numbers

HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5

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