FMP
Jan 23, 2025 2:00 AM - Rayan Ahmad
Image credit: Google Images
Kinder Morgan, Inc. (NYSE:KMI) is a key player in the energy infrastructure sector, focusing on the transportation and storage of natural gas, refined petroleum products, crude oil, and carbon dioxide. The company operates one of the largest networks of pipelines and terminals in North America. Its growth strategy involves acquiring and building new midstream assets to meet the demands of the North American energy industry.
On January 22, 2025, KMI reported earnings per share (EPS) of $0.32, slightly below the estimated $0.3356. This represents a negative earnings surprise of 3.03%, as highlighted by Zacks. Despite this, the EPS showed a year-over-year improvement from $0.28 in the same quarter last year, indicating a 14% increase in adjusted EPS.
KMI's revenue for the quarter was approximately $3.99 billion, missing the estimated $4.18 billion by 1.32%. This is a slight decrease from the $4.04 billion reported in the same period the previous year. The company has consistently struggled to surpass consensus revenue estimates, reflecting challenges in aligning with market expectations.
The earnings call on January 22, 2025, featured key company leaders, including Executive Chairman Rich Kinder and CEO Kimberly Allen Dang. The event attracted attention from major financial institutions such as Barclays and Goldman Sachs, providing a platform for KMI to discuss its financial performance and strategic direction with stakeholders.
Despite the earnings and revenue misses, KMI demonstrated strong year-over-year growth, with a 12.3% rise in net income. The company's financial metrics, such as a price-to-earnings (P/E) ratio of 25.77 and a debt-to-equity ratio of 1.04, provide insight into its market valuation and financial health.
Sep 10, 2024 11:33 AM - Parth Sanghvi
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...
Nov 8, 2024 10:30 AM - Sanzhi Kobzhan
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
Nov 22, 2024 10:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...