Kinder Morgan Canada Limited Declares Dividend and Announces Results for Fourth Quarter of 2018

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Kinder Morgan (KMI) Misses Q4 EPS by 1c

January 16, 2019 4:06 PM EST

Kinder Morgan (NYSE: KMI) reported Q4 EPS of $0.25, $0.01 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $3.78 billion versus the consensus estimate of $3.81 billion.

2019 Outlook

For 2019, KMIs budget contemplates declared dividends of $1.00 per common share, DCF of approximately $5.0 billion ($2.20 per common share) and Adjusted EBITDA of approximately $7.8 billion. KMI forecasts to invest $3.1 billion in growth projects and contributions to joint ventures during 2019. KMI expects to use internally generated cash flow to fully fund its... More