Kinder Morgan

Basic Materials | Oil & Gas Pipelines | USA

Kinder Morgan Raises Dividend by 25 Percent and Announces Results for First Quarter of 2019

Kinder Morgan, Inc. (KMI) today announced that its board of directors approved a cash dividend of $0.25 per share for the first quarter ($1.00 annualized) payable on May 15, 2019, to common stockholders of record as of the close of business on April 30, 2019. This is a 25 percent increase over the fourth quarter 2018 dividend. KMI is reporting first quarter net income available to common stockholders of $556 million, compared to $485 million in the first quarter of 2018; and distributable cash flow (DCF) of $1,371 million, a 10 percent increase over the first quarter of 2018. In the first quarter of 2019, KMI continued to fund most of its growth capital through operating cash flows with no need to access capital markets for that purpose. During the first quarter KMI also paid down $1.3 billion of maturing bond debt with cash from the return of capital distribution from the Trans Mountain sale.

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https://finance.yahoo.com/news/kinder-mo...00463.html

Kinder Morgan (KMI) Lags Q2 Earnings and Revenue Estimates

Kinder Morgan (KMI) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this oil and natural gas pipeline and storage company would post earnings of $0.25 per share when it actually produced earnings of $0.25, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Kinder Morgan, which belongs to the Zacks Oil and Gas - Production and Pipelines industry, posted revenues of $3.21 billion for the quarter ended June 2019, missing the Zacks Consensus Estimate by 11.57%. This compares to year-ago revenues of $3.43 billion.


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https://finance.yahoo.com/news/kinder-mo...09650.html

Kinder Morgan (KMI) Q4 Earnings Meet Estimates on GCX Strength

Kinder Morgan, Inc. KMI posted fourth-quarter 2019 adjusted earnings per share of 26 cents, in line with the Zacks Consensus Estimate. The bottom line improved from the year-ago quarter’s 25 cents.

However, total revenues declined to $3,352 million from $3,781 million in the prior-year quarter and missed the Zacks Consensus Estimate of $3,724 million.

The quarterly earnings were backed by increased natural gas transportation and gathering volumes. While Natural Gas Pipelines and Product Pipelines segments supported the results, decline in commodity prices and crude volumes affected the CO2 segment, which partially offset the same.

Full-year 2019 revenues amounted to $13.2 billion, down from the 2018 figure of $14.1 billion. The company declared a cash dividend of 25 cents per share for the fourth-quarter, which is payable on Feb 18, 2020.


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https://finance.yahoo.com/news/kinder-mo...01991.html

das mit dem Dividendenmassaker vor 7 Jahren habe ich noch in Erinnerung (-75% von 0,51$ auf 0,125$), aber eine geänderte Rechtsform in klassische Inc.? Bisher kannte ich KMI nur als MLP. Gerade lese ich, diese Umwandlung geschah schon 2014 (Merger Transaction).  

Damit wird die Aktie wieder interessant, steuerliche Kunstgriffe ausgenommen   Dividende 0,27$ ...