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Kinder Morgan Inc   (KMI)
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    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities


 

Kinder Morgan Inc

KMI's Financial Statements and Analysis



Kinder Morgan Inc reported in the forth quarter of 2023 net earnings per share of $0.27 a decrease by -10.35 % year on year from $0.30 and an improvement of 11.39 % from $0.24 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.27 $  4,038 Mill
$-0.03     -10.35 % $-541M     -11.81 %



Kinder Morgan Inc 's Revenue fell by -11.81 % in forth quarter of 2023 (Dec 31 2023) year on year, to $4,038 million and advanced by 3.35 % sequentially.


Kinder Morgan Inc is

More on KMI's Income Statement



Kinder Morgan Inc 's net income of $618.000 million in the forth quarter of 2023 decreased by -10.82 % from net earnings of $693.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 11.35 % from net income of $555.000 million realized in previous quarter.

More on KMI's Growth



Kinder Morgan Inc Inventories
Inventories declined by -17.19 % to $525.00 million from IV. Quarter a year ago, sequentially inventories fell by -7.08 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-1 million, capital expenditures fell by -47731.66%, to $-628 millions compare to same quarter a year ago

More on KMI's Cash flow Statement


Kinder Morgan Inc payed out dividend of $1.13 per share in last 52 weeks representing 105.61 % of net earning per share in trailing twelve-month period.

During the same period Kinder Morgan Inc earned $ 2.88 cash per share, on a free-cash flow basis 268.94 % of net earning per share.

Book value fell by -0.67 % sequentially to $14.07 per share.
Tangible Book value fell to $ 4.28 per share from $ 4.47.

Company issued 25.66 million shares or 1.15 % in Dec 31 2023.
Debt Coverage Ratio was 0.04.

More on KMI's Dividends

 Market Capitalization (Millions) 41,143
 Shares Outstanding (Millions) 2,256
 Total Debt (Millions $) 32,116
 Revenue (TTM) (Millions $) 15,334
 Net Income (TTM) (Millions $) 2,486
 Cash Flow (TTM) (Millions $) -698
 Capital Exp. (TTM) (Millions $) -2,317
 Dividend TTM ($) 1.13 $
 Dividend Yield TTM (%) 6.14 %
 Employees (TTM) $ 10,529




Kinder Morgan Inc payed out dividend of $1.13 per share in the last 52 weeks representing 105.61 % of net earning per share in trailing twelve-month period.

During the same period Kinder Morgan Inc had $ 2.88 cash flow per share, on a free-cash flow basis 268.94 % of net earning per share.

Book value fell by -0.67 % sequentially to $14.07 per share.
Tangible Book value fell to $ 4.28 per share from $ 4.47.

Company issued 25.66 million shares or 1.15 % in Dec 31 2023.
Debt Coverage Ratio was 0.04.

More on KMI's Balance Sheets

 Market Capitalization (Millions) 41,143
 Shares Outstanding (Millions) 2,256
 Total Debt (Millions $) 32,116
 Revenue (TTM) (Millions $) 15,334
 Net Income (TTM) (Millions $) 2,486
 Cash Flow (TTM) (Millions $) -698
 Capital Exp. (TTM) (Millions $) -2,317
 Dividend TTM ($) 1.13 $
 Dividend Yield TTM (%) 6.14 %
 Employees (TTM) $ 10,529
   


  News about Kinder Morgan Inc Earnings

Overcoming Adversity: Kinder Morgan Inc's Fourth Quarter Earnings Report for 20232.

Kinder Morgan Inc is a leading energy infrastructure company based in Houston, Texas. The company specializes in the transportation, storage, and distribution of natural gas, crude oil, and other energy products. Despite facing some challenges in the fourth quarter of 2023, Kinder Morgan Inc has shown resilience and improvements in its profit margins.
The company's earnings per share decreased by 10.35% to $0.27 per share in the fourth quarter of 2023, compared to the previous year. Similarly, revenue declined by 11.815% year on year, with revenue totaling $4.04 billion in contrast to $4.58 billion in the same period a year before. However, when comparing to the previous quarters, Kinder Morgan Inc exper...

Natural Gas Utilities Company Struggles During Challenging Third Quarter of 20232.

Kinder Morgan Inc, a leading energy infrastructure company, recently reported a decrease in profits and earnings per share for the most recent fiscal period compared to the previous year. The company's profits declined by 4% to $0.24 per share, down from $0.25 per share a year ago. Similarly, earnings per share decreased by 7.69% from $0.26 per share in the preceding reporting season.
One of the major factors contributing to this decline in profitability is the significant drop in revenue. The company experienced a 24.532% decrease in revenue, which fell from $5.18 billion in the comparable reporting season a year ago to $3.91 billion in the most recent fiscal period. However, there was a sequential impr...

Kinder Morgan Reports A Rocky Q2 in 2023, With Profits and Revenue Falling Amid Tough Challenges

Kinder Morgan Inc: A Promising Outlook for the Future
In the current economic climate, where many companies are struggling to maintain their financial stability, Kinder Morgan Inc has managed to weather the storm and come out stronger than ever. Despite a decrease in earnings and profits for the April to June 30, 2023, period, the company has shown resilience and adaptability in the face of adversity.
Earnings for Kinder Morgan Inc decreased by -7.14% compared to the previous year, with a decline in earnings per share from $0.28 to $0.26. Similarly, profits fell by -13.33% from the prior quarter, with a decrease in earnings per share from $0.30 to $0.26. While these figures may seem discouraging at f...


Date modified: 2024-02-20T15:55:52+00:00





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