Kinder Morgan (KMI) Misses Q1 EPS by 1c; offers guidance
Kinder Morgan (NYSE: KMI) reported Q1 EPS of $0.34, $0.01 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $4.24 billion versus the consensus estimate of $4.08 billion.
GUIDANCE:
Kinder Morgan sees FY2025 EPS of $1.27, versus the consensus of $1.28.
KMI expects to declare dividends of $1.17 per share for 2025, a 2% increase from the dividends declared for 2024. The company also budgeted 2025 Adjusted EBITDA of $8.3 billion, up 4% versus 2024, and to end 2025 with a Net Debt-to-Adjusted EBITDA ratio of 3.8 times. These amounts do not include contributions from the Outrigger Energy II acquisition discussed below. We currently expect to exceed budget by at least the contributions from the Outrigger acquisition.
For earnings history and earnings-related data on Kinder Morgan (KMI) click here.
