Nevada 74-1884980 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2020 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 1-7615 KIRBY CORPORATION (Exact name of registrant as specified in ...

Kirby Corporation (NYSE:KEX) Q2 2020 Earnings Conference Call July 30, 2020 8:30 AM ET Company Participants David Grzebinski - President, CEO & Director Eric Holcomb - VP of IR William Harvey - Executive VP & CFO Conference Call Participants Benjamin Nolan - Stifel, Nicolaus & Co. Gregory Lewis - BTIG Jonathan Chappell - Evercore ISI Michael Webber - Webber Research & Advisory Randall Giveans - Jefferies & Co. Sanjay Ramaswamy - Bank of America Merrill Lynch Wade Schaller - Stephens Inc. Operator Good morn ...

2Q 2020 Earnings Conference Call July 30, 2020 Disclosures Forward Looking Statements Statements contained in this conference call with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including cyclical or other downturns in demand, significant pricing competitio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2020 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 1-7615 KIRBY CORPORATION (Exact name of registrant as specified in its charter) Nevada 74-1884980 (State or other jurisdiction of incorporation or organization) (IRS Employer Ident ...

Financial Data and Key Metrics Changes - In Q1 2020, Kirby reported adjusted earnings of $0.59 per share, excluding one-time items totaling $4.74 per share, resulting in a GAAP net loss of $4.15 per share [6][20] - Total debt as of March 31 was $1.7 billion, with a debt-to-cap ratio of 35% and cash totaling $321 million [32][34] - The company expects to generate free cash flow of $250 million to $350 million in 2020, which will be used to enhance liquidity and reduce bank debt [58] Business Line Data and Key Metrics Changes - Marine transportation revenues were $403.3 million with an operating income of $50.7 million, representing a 10% increase in revenue and a 43% increase in operating income compared to Q1 2019 [22] - Distribution and services revenues for Q1 2020 were $240.7 million, a decline of approximately 36% year-over-year, with operating income down by $33.9 million [29] - The inland business contributed approximately 79% of marine transportation segment revenue, with average barge utilization in the low to mid 90% range [24] Market Data and Key Metrics Changes - Refinery utilization has declined to the 60% range from 90% earlier in the year, impacting marine transportation demand [38] - The company has seen a modest decline in U.S. chemical plant utilization, with significant reductions occurring globally [39] - The oil and gas market is expected to be extremely challenged throughout 2020, with rig counts potentially declining to 250-300 rigs, a 65% reduction from 2019 levels [50] Company Strategy and Development Direction - Kirby is focusing on cost-saving measures, including workforce reductions, furloughs, and reduced capital expenditures, in response to the challenging oil and gas market [17][49] - The company plans to maintain segment margins at or near breakeven levels, with a focus on commercial and industrial sectors while reducing reliance on oil and gas [54][99] - The acquisition of Savage is expected to contribute positively to earnings despite challenges posed by COVID-19 [43] Management's Comments on Operating Environment and Future Outlook - Management has withdrawn the 2020 full-year guidance due to uncertainties surrounding COVID-19 and its impact on demand [36] - The company believes it is well-positioned to manage through the pandemic, with a strong marine transportation business and solid term contracts [55][56] - There are expectations for a decline in barge utilization and revenues in the coastal market, but long-term contracts will help insulate the business from significant revenue reductions [46] Other Important Information - Kirby has implemented a pandemic response plan to ensure business continuity and employee safety during COVID-19 [9][10] - The company is actively pursuing cost synergies from the Savage acquisition and integrating fleets [43] Q&A Session Summary Question: Impact of declining inland utilization on margins - Management noted that while there has been a slight pullback in utilization, pricing has held firm, and if current conditions persist, margins may not decline significantly [61][64] Question: Details on the $433 million write-down - The write-down includes goodwill and intangible assets across the distribution and services segment, reflecting the impact of low oil prices and market conditions [68][70] Question: Future of the oil and gas segment within D&S - Management indicated a shift towards a smaller, more profitable commercial and industrial business, with oil and gas expected to face significant challenges [99][100] Question: Storage opportunities and pricing - Management confirmed that storage contracts are primarily inland, with durations ranging from one to six months, and these opportunities are helping to mitigate demand reductions [121][123] Question: Coastal market impact from floating storage - Coastal utilization has dipped, and while there are no current storage opportunities, the busy MR tankers are beneficial for Kirby's coastal business [131][132]

1Q 2020 Earnings Conference Call May 5, 2020 Disclosures Forward Looking Statements Statements contained in this conference call with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including cyclical or other downturns in demand, significant pricing competition, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File no. 1-07615 Kirby Corporation (Exact name of registrant as specified in its charter) Nevada 74-1884980 (State or other jurisdiction of incorporation or org ...

4Q 2019 Earnings Conference Call January 30, 2020 Disclosures Forward Looking Statements Statements contained in this conference call with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including cyclical or other downturns in demand, significant pricing competi ...

☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2019 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 1-7615 (Exact name of registrant as specified in its charter) 55 Waugh Drive, Suite 1000 Houston, TX 77007 (Address of principal executive offices) (Zip Code) KIRBY CORPORATION ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2019 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 1-7615 KIRBY CORPORATION (Exact name of registrant as specified in its charter) Nevada 74-1884980 (State or other jurisdiction of incorporation or organization) (IRS Employer Identi ...