JHVEPhoto By Valuentum Analysts Kinder Morgan (NYSE:KMI) is one of the largest midstream energy companies in North America, with thousands of miles of pipelines and over one hundred terminals. This is a huge competitive advantage as duplicating pipeline infrastructure over currently existing routes just wouldn't make sense. The way to view the pipeline plays is that they act like toll roads, collecting nice fees along the way. The company released updated financial expectations for 2024 in its fourth-qu ...

Kinder Morgan, Inc. (NYSE:KMI) Q4 2023 Earnings Call Transcript January 17, 2024 4:30 PM ET Company Participants Rich Kinder - Executive Chairman Kim Dang - CEO Tom Martin - President David Michels - VP and CFO Dax Sanders - President, Products Pipelines Sital Mody - President, Natural Gas Pipelines Conference Call Participants Jeremy Tonet - JPMorgan Brian Reynolds - UBS Jean Ann Salisbury - Bernstein John Mackay - Goldman Sachs Tristan Richardson - Scotiabank Neel Mitra - Bank of America Theresa Chen - Ba ...

For the quarter ended December 2023, Kinder Morgan (KMI) reported revenue of $4.04 billion, down 11.8% over the same period last year. EPS came in at $0.28, compared to $0.31 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.96 billion, representing a surprise of +1.95%. The company delivered an EPS surprise of -9.68%, with the consensus EPS estimate being $0.31.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Kinder Morgan, Inc. (KMI) is set to report fourth-quarter 2023 earnings on Jan 17, after the closing bell.Let’s delve into the factors that are anticipated to have influenced this pipeline operator’s performance in the to-be-reported quarter. However, it is worth taking a look at KMI’s previous quarter’s performance first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the company’s adjusted earnings per share of 25 cents missed the Zacks Consensus Estimate by a penny, primarily dr ...

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced it will release fourth quarter 2023 earnings results on Wednesday, January 17, 2024 after market close and will hold a live webcast and conference call. What: Kinder Morgan Fourth Quarter ‘23 Earnings Results Webcast When: January 17, 2024, at 3:30 p.m. CT, 4:30 p.m. ET Where: http://ir.kindermorgan.com/presentations-webcasts How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by di ...

Kinder Morgan (KMI) closed at $18.05 in the latest trading session, marking a -0.33% move from the prior day. This change lagged the S&P 500's daily loss of 0.15%. At the same time, the Dow lost 0.42%, and the tech-heavy Nasdaq gained 0.09%.The the stock of oil and natural gas pipeline and storage company has risen by 3.07% in the past month, leading the Oils-Energy sector's gain of 2.64% and undershooting the S&P 500's gain of 3.5%.The investment community will be paying close attention to the earnings per ...

Walgreens Boots Alliance (WBA -1.68%) caught the market by storm last week when it slashed its dividend by 48%, from $0.48 per share per quarter to $0.25. Now, Walgreens stock yields around 4%, which is still respectable, but far lower than the high yield investors were used to.You may be wondering why a lower dividend could be a good thing. After all, why would investors ever ask a company to give them less money? Here's why Walgreens' cut was the right decision, a look at how past dividend cuts helped oth ...

Early in 2023, many investors were seeking out dividend stocks to buy because of expectations for a flat to falling market. But as the risk-on sentiment returns to market, some investors may be turning towards growth stocks. But that could still work in the favor of owning dividend stocks.With dividend stocks, a strong total return is the ultimate goal for most investors. This means finding stocks of companies that consistently raise their dividends, but also have a history of rising earnings which is the b ...

In the latest market close, Kinder Morgan (KMI) reached $18.05, with a +1.23% movement compared to the previous day. This change outpaced the S&P 500's 0.8% loss on the day. At the same time, the Dow lost 0.76%, and the tech-heavy Nasdaq lost 1.18%.The oil and natural gas pipeline and storage company's stock has climbed by 1.89% in the past month, exceeding the Oils-Energy sector's gain of 0.83% and lagging the S&P 500's gain of 3.4%.Market participants will be closely following the financial results of Kin ...

Delpixart/iStock via Getty Images 2023 was a banner year for stocks, but that’s only if one goes by the end result while ignoring the tough times in March, October, and November. While no one can tell you with certainty what 2024 will bring for the overall market, I would bet that it’s hard to go wrong with sensible picks that remain value-priced and with high income. Such I find the case to be with Kinder Morgan (NYSE:KMI), which I last visited here back in September with a ‘Buy’ rating. Like many inco ...