Houston Chronicle/Hearst Newspapers via Getty Images/Hearst Newspapers via Getty Images Kinder Morgan (NYSE:KMI) closed out FY23 with mixed results. Between sliding revenue due to the soft commodities market and strengthening EBITDA margins, the firm has remained resilient in both managing operations and investing in growth projects and asset acquisition. I believe the runway for Kinder Morgan is strong as the firm bolsters its Texas intrastate assets, its renewable natural gas and renewable diesel assets, ...

onurdongelKinder Morgan, Inc. (NYSE:KMI) management found an acquisition that's causing a total revision to fiscal year 2024 guidance. Earnings should increase by 15% in the current fiscal year. That's quite an accomplishment for a company of this size. Oftentimes, a small acquisition like the one made has the effect of a giant de-bottle-necking project. More importantly, as production has grown, there are a lot more supporting infrastructure projects coming to the attention of midstream companies like ...

HOUSTON--(BUSINESS WIRE)--Representatives of Kinder Morgan, Inc. (KMI) intend to make presentations in Houston, Texas on January 24, 2024 at the Kinder Morgan 2024 Investor Day regarding the company’s strategy and long-term outlook, the results for fiscal year 2023 and the financial budget for 2024. Interested parties will be able to view the materials to be presented at the event by visiting KMI’s website at: https://ir.kindermorgan.com/events-and-presentations/default.aspx. The presentations will also be ...

Kinder Morgan (KMI -0.64%) has two growth engines: acquisitions and expansion projects. Both will play starring roles in 2024. The company completed a $1.8 billion acquisition late last year while putting $965 million of capital projects into service in the year's final quarter alone. Those catalysts drive the company's outlook for distributable cash flow to rise by 8% per share this year. After finishing several expansion projects last year, Kinder Morgan has a growth-capital backlog that is much lighter. ...

In this video, Motley Fool contributor Jason Hall breaks down Kinder Morgan (KMI -0.26%) and how it's positioned to continue delivering strong cash flows, paying a high dividend yield, and growing the payout for the long term.*Stock prices used were from the morning of Jan. 18, 2023. The video was published on Jan. 20, 2023. ...

Key PointsKinder Morgan struggled in Q4, but margin strength stands out. Cash flow and distributable cash flow are solid and support the capital return outlook. The stock is a value trading below the S&P 500 average and paying a 6% yield. 5 stocks we like better than Kinder MorganKinder Morgan NYSE: KMI had a weak Q4, with the top and bottom line results falling short of the consensus estimates. The top line missed consensus by a wide margin due to a decline in volume, but so what? At the same time, the com ...

Kinder Morgan (KMI -1.42%) made a lot of money in 2023. The natural gas pipeline giant recently reported that it hauled in over $4.7 billion of distributable cash flow for the year. While that was down from 2022's total due to lower commodity prices and higher interest rates, it was more-than-enough cash to cover the company's 6.4%-yielding dividend.The natural gas infrastructure giant expects to make even more money this year. It recently closed its acquisition of STX Midstream from NextEra Energy Partners ...

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 ...