Kinder Morgan (KMI) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this oil and natural gas pipeline and storage company would post earnings of $0.33 per share when it actually produced earnings of $0.34, delivering a surprise of 3.03%.Over the last four quarters, the company has surpassed consensus EPS estimates just ...

Exhibit 99.1 KINDER MORGAN REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Approves Cash Dividend of $0.2875 Per Share ($1.15 Annualized) Earnings per Share Flat to Second Quarter 2023; Adjusted Earnings per Share Up 4% HOUSTON, July 17, 2024 - Kinder Morgan, Inc.'s (NYSE: KMI) board of directors today approved a cash dividend of $0.2875 per share for the second quarter ($1.15 annualized), payable on August 15, 2024 to stockholders of record as of the close of business on July 31, 2024. This dividend is a 2% ...

Kinder Morgan, Inc. (KMI) is set to report second-quarter 2024 earnings on Jul 17, after the closing bell.Let us delve into the factors that are anticipated to have affected this pipeline operator’s performance. However, before that, it would be worth taking a look at KMI’s first-quarter performance.Highlights of Q1 Earnings & Surprise HistoryIn the last reported quarter, the company’s adjusted earnings per share of 34 cents beat the Zacks Consensus Estimate of 33 cents, primarily driven by increased financ ...

Kinder Morgan’s (KMI) subsidiary SFPP, L.P., announced the commencement of a binding open season to solicit commitments for expanding the East Line portion of its pipeline system. The expansion will enhance capacity from El Paso, TX, to Tucson, AZ.The open season began at 8:00 a.m. CST on Jun 10, 2024 and will conclude at 5:00 p.m. CST on Aug 9, 2024.Expansion HighlightsThe proposed expansion is designed to offer an additional 10,000 barrels per day of capacity on a gasoline-equivalent basis. This increased ...

Kinder Morgan, Inc. (KMI) is a well-known name in the midstream energy space. The Zacks Consensus Estimate for Kinder Morgan earnings for 2024 and 2025 is pegged at $1.18 and $1.22 per share, respectively, unchanged over the past seven days.What’s Favoring the Stock?Being a leading North American midstream energy player, Kinder Morgan, carrying a Zacks Rank #3 (Hold), has the continent's largest natural gas transportation network. The company’s natural gas pipeline assets, spread across roughly 70,000 miles ...

The most recent trading session ended with Kinder Morgan (KMI) standing at $20.10, reflecting a -0.05% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.09% gain on the day. Meanwhile, the Dow lost 0.1%, and the Nasdaq, a tech-heavy index, added 0.16%.Shares of the oil and natural gas pipeline and storage company witnessed a gain of 5.45% over the previous month, beating the performance of the Oils-Energy sector with its loss of 0.69% and the S&P 500's gain of 2.83%.The upco ...

Kinder Morgan (KMI) closed the most recent trading day at $19.67, moving +0.41% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.95%.Shares of the oil and natural gas pipeline and storage company witnessed a loss of 0.56% over the previous month, beating the performance of the Oils-Energy sector with its loss of 7.24% and underperformin ...

The latest trading session saw Kinder Morgan (KMI) ending at $19.79, denoting a -0.05% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.88%.The oil and natural gas pipeline and storage company's shares have seen an increase of 3.39% over the last month, surpassing the Oils-Energy sector's loss of 3.25% and the S&P 500's gain of 2.85%.The investment community will be closely monitoring ...

Kinder Morgan (KMI) ended the recent trading session at $19.08, demonstrating a -1.6% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.74%. Elsewhere, the Dow saw a downswing of 1.53%, while the tech-heavy Nasdaq depreciated by 0.39%.The oil and natural gas pipeline and storage company's stock has climbed by 3.08% in the past month, exceeding the Oils-Energy sector's loss of 1.83% and lagging the S&P 500's gain of 6.06%.The investment community will be closely mon ...

Kinder Morgan (KMI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this oil and natural gas pipeline and storage company have returned +3.1% over the past month versus the Zacks S&P 500 composite's +6.1% change. The Zacks Oil and Gas - Production and Pipelines industry, to which Kinder Morgan belongs, has gained 2.7% over this period. Now the key questio ...