Kinder morgan says qtrly loss per share $0.28

Kinder morgan - qtrly loss per share $0.28; qtrly adjusted earnings per share $0.17.kinder morgan - qtrly revenue $2.56 billion versus $3.21 billion.kinder morgan - in quarter, records $1 billion non-cash goodwill impairment associated with natural gas non-ferc regulated midstream business.kinder morgan - sees fy dcf to be below original plan by slightly more than 10% and adjusted ebitda to bebelow plan by slightly more than 8%.kinder morgan - expect budgeted $2.4 billion expansion projects & contributions to joint ventures for 2020to be lower by about $660 million.kinder morgan - expects to use internally generated cash flow to fully fund 2020 dividend payments, aswell as all of its 2020 discretionary spending.kinder morgan - as of june 30, had over $3.9 billion of borrowing capacity under $4 billion credit facility & $526 million in cash, cash equivalents.kinder morgan - expects to end 2020 with net debt-to-adjusted ebitda ratio of about 4.7 times.kinder morgan - remains committed to increasing dividend to $1.25 annualized as projected.kinder morgan - making progress on permian highway pipeline project, with more than 75% of the construction completed.kinder morgan - believe cash from operations, cash on hand, borrowing capacity adequate to manage cash requirements, debt maturing over next 18 months.
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