Kinder Morgan (NYSE: KMI) reported Q2 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $5.15 billion versus the consensus estimate of $3.77 billion.

2022 Outlook:

For 2022, KMI budgeted to generate net income attributable to KMI of $2.5 billion and declare dividends of $1.11 per share, a 3% increase from the 2021 declared dividends. The company also budgeted to generate 2022 DCF of $4.7 billion and Adjusted EBITDA of $7.2 billion and to end 2022 with a Net Debt-to-Adjusted EBITDA ratio of 4.3 times. KMI now expects net income attributable to KMI, Adjusted EBITDA and DCF to be favorable to budget by approximately 5%, due to stronger than expected commodity prices and favorable operating results from our Natural Gas Pipelines and CO2 business segments, partially offset by higher costs.

For earnings history and earnings-related data on Kinder Morgan (KMI) click here.