Kinder Morgan, Inc. KMI reported third-quarter 2020 adjusted earnings per share of 21 cents, in line with the Zacks Consensus Estimate, thanks … KMI: Get the latest Kinder Morgan stock price and detailed information including KMI news, historical charts and realtime prices. Kinder Morgan has had its stock price drop significantly since it originally announced its planned dividend cuts. The virus outbreak also compelled the company to decrease adjusted EBITDA expectation for 2020 by a little more than 8% from the initial guidance of $7.6 billion. One of the two stocks looks like a better buy today. At Kinder Morgan, delivering energy is what we do. Kinder Morgan currently expects to generate $4.4 billion, or $1.95 per share, of distributable cash flow in 2021. Moreover, it has brought the Movable Modular Liquefaction Unit 7 online under the Elba Liquefaction project. 3: Kinder Morgan . Kinder Morgan Inc. said the bulk of its customers remain in good financial health as an historic collapse in crude prices has investors worried that pipeline contracts could be in jeopardy. Of course, you might also be able to find a better stock than Kinder Morgan. We own an interest in or operate approximately 83,000 miles of pipelines and 147 terminals and are the largest energy infrastructure firm in the S&P500. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. If you experience any issues with … Kinder Morgan est une entreprise spécialisée dans les infrastructures de transports et de stockages dédiés aux hydrocarbures, c'est-à-dire dans la gestion des terminaux pétroliers et des pipelines.. Histoire. Do Not Sell My Personal Information (CA Residents Only). Wells Fargo analyst Michael Blum downgraded Kinder Morgan (KMI – Research Report) to Hold yesterday. It operates through four segments. KMI earnings call for the period ending March 31, 2019. Moreover, in response to the virus outbreak, the midstream energy player has reduced the projection for 2020 DCF by a little more than 10% from the initial guidance of $5.1 billion. Net sales (including intragroup) break down by activity as follows: - transport, processing and storage of natural gas (61.6%); - transshipment and storage of petroleum products, dry and liquid bulk services (15.3%): fuel, coal, petroleum coke, cement, alumina, salt, chemical products, etc. Buffett and two other super investors recently bought big stakes in the energy infrastructure giant. The cut came as Kinder Morgan … HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced that the Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (Pembina) has acquired the U.S. portion of the Cochin Pipeline for $1.546 billion. KMI earnings call for the period ending June 30, 2019. Yes! Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. TMX is Canada’s only domestic pipeline that can supply seaborne tankers. Industry, sector and description for Kinder Morgan. And that network is poised for growth. Why Did Kinder Morgan Inc.'s Stock Slump 11.2% in October? 1001 Louisiana Street, Suite 1000 Houston, Texas 77002 (713) 369-9490 (800) 348-7320 km_ir@kindermorgan.com Kinder Morgan Inc. (KMI) said it sold about 25 million shares of Canada-based Pembina Pipeline Corp. (PBA, PPL.T), resulting in after-tax proceeds of $764 million. During this time period, it has witnessed six upward estimate revisions and one in the opposite direction. Matthew DiLallo, Reuben Gregg Brewer, and Daniel Foelber | Nov 7, 2020, John Rosevear, Taylor Muckerman, and Sean O'Reilly | Jul 19, 2016, Tyler Crowe, Taylor Muckerman, and Sean O'Reilly | May 10, 2016. 21 brokers have issued 1-year price objectives for Kinder Morgan's stock. The company met earnings estimates thrice and missed once in the trailing four quarters. The energy sector has its risks, but these companies have fallen far enough. Primary metrics and data points about Kinder Morgan. Kinder Morgan has the largest network of natural gas pipelines in North America that spreads across almost 70,000 miles. Was the move warranted? The energy infrastructure company said it received the shares in Pembina when that company purchased Kinder Morgan Canada Ltd. Despite several headwinds, investors are still getting a modest raise next year. On average, they expect Kinder Morgan's stock price to reach $17.00 in the next twelve months. Both are viable investment opportunities. The foundation of what is now Kinder Morgan, Inc. (NYSE: KMI) began in February 1997. So What Does the Auto Industry Think of Tesla's Autopilot Crash? Kinder Morgan is one of the largest energy infrastructure companies in North America. This time period, it has brought the Movable Modular Liquefaction Unit 7 online under Elba. Generally, there are a few factors that are impeding the growth the. S proposed Permian Highway pipeline ( PHP ) project is viewed as a game.. This latest move, full commercial operations at the $ 2-billion share repurchase program, under it. Relatively fine: kinder Morgan has the largest pipeline network in the opposite direction realtime! Charts and realtime prices Autopilot Crash rise 4.8 % year over year good earnings on 17th... An interest in or operate approximately 83,000 miles of pipelines and 147 terminals that are utilized for storing commodities... 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