Kinder Morgan Edges Past Revenue Estimates, Reaffirms 2025 Guidance Despite EPS Miss

Kinder Morgan (NYSE:KMI) turned in a mixed performance for the first quarter, with revenue outpacing Wall Street expectations while earnings landed just shy of forecasts. The company also reaffirmed its full-year outlook, signaling steady operational momentum ahead. Currently, shares are up more than 2% intra-day.

The pipeline operator reported adjusted earnings of $0.34 per share for the quarter, narrowly missing the consensus projection of $0.35. Meanwhile, revenue rose to $4.24 billion, topping the anticipated $4.08 billion.

Performance in the natural gas pipelines segment stood out, supported by stronger returns from the Texas Intrastate system and Tennessee Gas Pipeline. Transport volumes for natural gas climbed 3% year-over-year, helped by higher demand from LNG exports and power generation.

Looking ahead, Kinder Morgan maintained its 2025 guidance. The company continues to forecast adjusted earnings per share of $1.27—just under the $1.28 market estimate. It plans to raise its annual dividend to $1.17 per share, a modest 2% increase over 2024. Adjusted EBITDA is expected to grow 4% year-over-year to $8.3 billion, reflecting continued investment in its infrastructure network.

• Wells Fargo maintains an "Overweight" rating for Kinder Morgan, Inc. (NYSE:KMI), raising its price target from $30 to $33.
• Consistent dividend growth with an 8-year streak, offering a 3.74% annual yield, making it attractive to income-focused investors.
• $3 billion stock buyback program initiated to enhance shareholder value, alongside robust fourth-quarter earnings for 2024.

Kinder Morgan, Inc. (NYSE:KMI) is a leading energy infrastructure company in North America. It operates pipelines and terminals that transport natural gas, crude oil, and other products. The company competes with other energy giants like Enbridge and Williams Companies. On January 24, 2025, Wells Fargo maintained its "Overweight" rating for KMI, with the stock priced at $30.48. Wells Fargo also raised its price target from $30 to $33.

KMI is considered a strong buy for long-term investors seeking capital appreciation and income. The company has a solid foundation, supported by strong fundamentals and strategic initiatives. It has an impressive 8-year streak of increasing dividends, currently offering a 3.74% annual yield. This consistent dividend growth is attractive to income-focused investors.

To further enhance shareholder value, Kinder Morgan has initiated a $3 billion stock buyback program. Stock buybacks can increase the value of remaining shares by reducing the total number of shares outstanding. This move, along with robust fourth-quarter earnings for 2024, supports the company's growth prospects.

Kinder Morgan's strategic project pipeline is another factor contributing to its future growth. The company is well-positioned to benefit from the favorable political climate under the new Trump administration, as highlighted by the company's strategic initiatives. This environment may provide opportunities for expansion and development in the energy sector.

Currently, KMI's stock price on the NYSE is $30.48, with a daily fluctuation between $30.35 and $30.555. Over the past year, the stock has seen a high of $31.48 and a low of $16.47. With a market capitalization of approximately $67.7 billion and a trading volume of 1,346,157 shares, KMI remains a significant player in the energy infrastructure industry.

• Wells Fargo maintains an "Overweight" rating for Kinder Morgan, Inc. (NYSE:KMI), raising its price target from $30 to $33.
• Consistent dividend growth with an 8-year streak, offering a 3.74% annual yield, making it attractive to income-focused investors.
• $3 billion stock buyback program initiated to enhance shareholder value, alongside robust fourth-quarter earnings for 2024.

Kinder Morgan, Inc. (NYSE:KMI) is a leading energy infrastructure company in North America. It operates pipelines and terminals that transport natural gas, crude oil, and other products. The company competes with other energy giants like Enbridge and Williams Companies. On January 24, 2025, Wells Fargo maintained its "Overweight" rating for KMI, with the stock priced at $30.48. Wells Fargo also raised its price target from $30 to $33.

KMI is considered a strong buy for long-term investors seeking capital appreciation and income. The company has a solid foundation, supported by strong fundamentals and strategic initiatives. It has an impressive 8-year streak of increasing dividends, currently offering a 3.74% annual yield. This consistent dividend growth is attractive to income-focused investors.

To further enhance shareholder value, Kinder Morgan has initiated a $3 billion stock buyback program. Stock buybacks can increase the value of remaining shares by reducing the total number of shares outstanding. This move, along with robust fourth-quarter earnings for 2024, supports the company's growth prospects.

Kinder Morgan's strategic project pipeline is another factor contributing to its future growth. The company is well-positioned to benefit from the favorable political climate under the new Trump administration, as highlighted by the company's strategic initiatives. This environment may provide opportunities for expansion and development in the energy sector.

Currently, KMI's stock price on the NYSE is $30.48, with a daily fluctuation between $30.35 and $30.555. Over the past year, the stock has seen a high of $31.48 and a low of $16.47. With a market capitalization of approximately $67.7 billion and a trading volume of 1,346,157 shares, KMI remains a significant player in the energy infrastructure industry.

Kinder Morgan (NYSE:KMI) reported fourth-quarter results that fell short of Wall Street expectations. Despite missing profit and revenue forecasts, the energy infrastructure giant outlined ambitious plans for 2025, including a major pipeline expansion project.

For the quarter, Kinder Morgan posted adjusted earnings of $0.32 per share, coming in below analysts' projections of $0.34. Revenue for the period totaled $3.99 billion, missing the consensus estimate of $4.21 billion.

Looking ahead, the company reaffirmed its 2025 guidance, projecting adjusted earnings per share of $1.27, in line with analyst expectations. Kinder Morgan also anticipates paying $1.17 per share in dividends for the year, signaling continued commitment to shareholder returns.

Kinder Morgan announced a significant new initiative: the $1.7 billion Trident Intrastate Pipeline Project. This 216-mile pipeline, backed by long-term contracts, will enhance natural gas transportation capacity between Katy, Texas, and the industrial and liquefied natural gas (LNG) hubs near Port Arthur, Texas. Once operational, it is expected to transport 1.5 billion cubic feet of natural gas per day, reinforcing the company’s position in key markets.

CEO Kim Dang emphasized the strategic importance of the pipeline, highlighting its potential to meet growing demand in the LNG and industrial sectors along the Texas Gulf Coast.

Kinder Morgan (NYSE:KMI) reported fourth-quarter results that fell short of Wall Street expectations. Despite missing profit and revenue forecasts, the energy infrastructure giant outlined ambitious plans for 2025, including a major pipeline expansion project.

For the quarter, Kinder Morgan posted adjusted earnings of $0.32 per share, coming in below analysts' projections of $0.34. Revenue for the period totaled $3.99 billion, missing the consensus estimate of $4.21 billion.

Looking ahead, the company reaffirmed its 2025 guidance, projecting adjusted earnings per share of $1.27, in line with analyst expectations. Kinder Morgan also anticipates paying $1.17 per share in dividends for the year, signaling continued commitment to shareholder returns.

Kinder Morgan announced a significant new initiative: the $1.7 billion Trident Intrastate Pipeline Project. This 216-mile pipeline, backed by long-term contracts, will enhance natural gas transportation capacity between Katy, Texas, and the industrial and liquefied natural gas (LNG) hubs near Port Arthur, Texas. Once operational, it is expected to transport 1.5 billion cubic feet of natural gas per day, reinforcing the company’s position in key markets.

CEO Kim Dang emphasized the strategic importance of the pipeline, highlighting its potential to meet growing demand in the LNG and industrial sectors along the Texas Gulf Coast.

• Kinder Morgan, Inc. (NYSE:KMI) reported an EPS of $0.32, slightly below the estimated $0.3356, marking a negative earnings surprise of 3.03%.
• The company's revenue for the quarter was approximately $3.99 billion, missing the estimated $4.18 billion by 1.32%.
• Despite the misses, KMI demonstrated a year-over-year growth in net income by 12.3%, with a P/E ratio of 25.77 and a debt-to-equity ratio of 1.04.

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.