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Kinder Morgan beats quarterly profit estimates on strong natgas demand
- On Wednesday, Houston-based Kinder Morgan Inc. reported fourth-quarter profit of $996 million and revenue of $4.51 billion, beating the consensus estimate of $4.31 billion.
- The company highlighted a $10 billion backlog driven by natural gas projects, which account for approximately 90%, and its board approved a $0.2925 per share dividend payable on Feb. 17 to shareholders of record as of Feb. 2.
- Adjusted quarterly earnings of 39 cents per share beat analysts surveyed by Zacks Investment Research's 37-cent estimate, while Kinder Morgan reported profit of 45 cents per share.
- Kinder Morgan lowered its full-year 2026 adjusted earnings guidance from $1.37 to $1.36 per share, and shares rose 0.84% to $28.82 in extended trading.
- Management said the company expects to maintain a $10 billion 2026 net income, with adjusted net income projected to grow about 5% and EPS indicating roughly 5% growth, said Richard Kinder, executive chairman of Kinder Morgan.
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Kinder Morgan KMI Q4 2025 Earnings Call Transcript
·Alexandria, United States
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Banner: Q4 Earnings Snapshot
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·Washington, United States
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Coverage Details
Total News Sources14
Leaning Left2Leaning Right2Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
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