Categories Analysis, Energy

KMI Earnings: Highlights of Kinder Morgan’s Q3 financial results

Energy infrastructure company Kinder Morgan, Inc. (NYSE: KMI) has reported an increase in third-quarter profit, aided by a 35% growth in revenues.

Kinder Morgan Q3 2022 earnings infographic

Third-quarter profit, excluding special items, moved up to $0.25 per share from $0.22 per share in the corresponding period of last year. Net income attributable to shareholders was $576 million or $0.25 per share, compared to $495 million or $0.22 per share last year.

The positive bottom-line performance reflects a 35% surge in revenues to $5.18 billion. The company also provided guidance for the full fiscal year.


Kinder Morgan Q3 2022 Earnings Call Transcript


“As we continue to witness the tragic consequences of the war in Ukraine, including global economic turbulence and volatility, our company and the U.S. energy sector as a whole can take some measure of pride in continuing to provide both our citizens and those around the world with natural gas, refined products, and crude oil,” said the company’s executive chairman Richard Kinder.

Prior Performance

  • Kinder Morgan Q1 2022 Earnings Infographic

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

Most Popular

Key takeaways from Cintas’ (CTAS) third-quarter 2023 report

Cintas Corporation (NASDAQ: CTAS) has been growing its market share by diversifying into new areas and through acquisitions. The prudent business model, with a focus on recurring revenues, has helped

Here are a few points to keep in mind if you are considering Starbucks Corporation (SBUX)

Shares of Starbucks Corporation (NASDAQ: SBUX) stayed in green on Thursday. The stock has gained 10% over the past 12 months. The company delivered healthy results for its most recent

ANGO Earnings: AngioDynamics reports loss for Q3; revenue up 9%

AngioDynamics Inc. (NASDAQ: ANGO) on Thursday reported a wider loss for the third quarter when the medical device maker's revenues increased by 9%. The company also provided guidance for fiscal

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