Kinder Morgan (KMI) Raises Quarterly Dividend 2.9% to $0.27; 6.5% Yield
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Kinder Morgan raises outlook as profit surges on winter storm demand
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
Kinder Morgan (KMI) Tops Q1 EPS by 36c
April 21, 2021 4:21 PM EDTKinder 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
Kinder Morgan (KMI) PT Raised to $16 at Barclays
April 20, 2021 5:06 AM EDTBarclays analyst Christine Cho raised the price target on Kinder Morgan (NYSE: KMI) to $16.00 (from $15.00) while maintaining a Equalweight rating.... More
