Kinder Morgan (KMI) Raises Quarterly Dividend 2.9% to $0.27; 6.5% Yield
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Go back to Kinder Morgan (KMI) Raises Quarterly Dividend 2.9% to $0.27; 6.5% Yield
April 21, 2021 4:54 PM EDT
(Reuters) -Kinder Morgan on Wednesday posted a quarterly profit that breezed past estimates, helping the U.S. pipeline operator raise its annual earnings forecast, on a demand surge for natural gas and electricity during the February winter storm.
The company's shares rose 2.7% in extended trading.
A deep freeze that swept parts of the United States last quarter knocked out nearly half of Texas power plants and sent prices for natural gas and electricity to record... More
April 21, 2021 4:21 PM EDT
Kinder Morgan (NYSE: KMI) reported Q1 EPS of $0.60, $0.36 better than the analyst estimate of $0.24. Revenue for the quarter came in at $5.21 billion versus the consensus estimate of $3.02 billion.
2021 Outlook:
For 2021, KMI now expects to generate net income attributable to KMI... More
April 20, 2021 5:06 AM EDT
Barclays analyst Christine Cho raised the price target on Kinder Morgan (NYSE: KMI) to $16.00 (from $15.00) while maintaining a Equalweight rating.... More
