Kinder Morgan dividend calculator – Kinder Morgan Guides Next Year’s EPS Above Expectations, Raises Dividend
December 5, 2023
☀️Trending News
Kinder Morgan ($NYSE:KMI), a leading energy infrastructure company, is guiding next year’s earnings per share (EPS) higher than analysts had expected. The company has also announced that it will raise its dividend to investors, a move that is sure to be well-received by shareholders. The company is also a leader in the transportation of crude oil and petroleum products, as well as one of the leading independent transporters of coal-related products in the United States. Kinder Morgan’s positive outlook for next year is based on its strong financial position and its ability to efficiently manage its assets.
The company is confident that its operational and financial results will exceed expectations. With its increased dividend, Kinder Morgan is demonstrating a commitment to rewarding its investors with a strong return on their investment. It is clear that Kinder Morgan is well-positioned to continue delivering strong returns and increasing value for shareholders throughout the coming year.
Earnings
KINDER MORGAN recently announced their earning report of FY2023 Q3 as of September 30 2021, revealing a total revenue of 3824.0M USD and net income of 495.0M USD. This is a decrease of 26.1% and 14.1% from the same period last year, respectively. However, KINDER MORGAN’s total revenue has steadily increased from 3824.0M USD to 3907.0M USD within the last 3 years. As a result, KINDER MORGAN has confidently guided that their earnings per share for the upcoming year will exceed expectations and they have also increased their dividend to shareholders.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kinder Morgan. More…
| Total Revenues | Net Income | Net Margin |
| 15.88k | 2.45k | 15.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kinder Morgan. More…
| Operations | Investing | Financing |
| 5.57k | -2.36k | -3.84k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kinder Morgan. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 68.86k | 37.28k | 13.61 |
Key Ratios Snapshot
Some of the financial key ratios for Kinder Morgan are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.0% | 6.0% | 26.8% |
| FCF Margin | ROE | ROA |
| 21.5% | 8.7% | 3.9% |
Dividends – Kinder Morgan dividend calculator
This translates to a dividend yield of 6.31%, 6.08% and 6.24% from 2021 to 2023 respectively, bringing the average dividend yield to 6.21%. In light of this news, those looking for dividend stocks may want to consider adding KINDER MORGAN to their portfolio.
Share Price
On Monday, KINDER MORGAN stock opened at $17.7 and closed at $17.8, up by 0.6% from the last closing price of $17.8. This came after the company announced it was guiding its next year’s earnings per share (EPS) higher than expectations and also raising its dividend. The higher EPS is a result of the company’s successful cost-cutting efforts and an increase in capital expenditures. The company has also been able to maintain its strong financial position despite a challenging business environment.
This has enabled them to continue to reward their shareholders with a higher dividend. KINDER MORGAN’s actions are a sign of confidence in their ability to continue to deliver strong returns in the future. Live Quote…
Analysis
After carefully analyzing the fundamentals of KINDER MORGAN, GoodWhale has put together an assessment. According to the Star Chart, KINDER MORGAN is strong in dividend, medium in profitability, and weak in asset, growth. We classified it as a ‘rhino’ type of company, which implies moderate revenue or earnings growth. This kind of company may be attractive to investors who are looking for a steady return but without the higher growth seen in other stocks. In terms of its health score, KINDER MORGAN has an intermediate score of 6/10 when it comes to cashflows and debts. This indicates that the company might be able to sustain future operations in times of crisis. More…
Peers
Kinder Morgan Inc is a leading pipeline transportation and energy storage company in North America. The company operates in three segments: Natural Gas Pipelines, Products Pipelines, and Terminals. Kinder Morgan’s competitors include ONEOK Inc, Kinetik Holdings Inc, and Keyera Corp.
– ONEOK Inc ($NYSE:OKE)
ONEOK Inc. is one of the largest energy midstream service providers in the United States. It owns and operates natural gas liquids (NGL) gathering, processing, transportation and storage assets, as well as natural gas pipelines. The company’s NGL business includes the gathering, processing and transportation of NGLs, as well as the storage and marketing of propane, butane and natural gasoline. The company’s natural gas business includes the transportation of natural gas through an interstate natural gas pipeline system.
– Kinetik Holdings Inc ($NASDAQ:KNTK)
Kinetik Holdings Inc is a publicly traded company with a market capitalization of 1.54 billion as of 2022. The company has a return on equity of 5.46%. Kinetik Holdings is engaged in the business of providing a range of energy storage solutions. The company’s products are used in a variety of applications including automotive, residential, commercial and industrial.
– Keyera Corp ($TSX:KEY)
Keyera Corp is a Canadian company that owns and operates energy infrastructure assets. Its business segments include natural gas gathering and processing, natural gas liquids (NGL) extraction and fractionation, transportation, storage and marketing, and power generation. The company has a market cap of 6.31B as of 2022 and a Return on Equity of 17.57%.
Summary
Kinder Morgan, Inc. (KMI) is a leading energy infrastructure company with a diversified portfolio of natural gas, crude oil, and other products. According to their recent news release, KMI expects to exceed consensus EPS estimates for the coming year and increase dividend payments. The company’s assets span natural gas pipelines, storage facilities, terminals, and other midstream infrastructure assets. KMI also owns several large energy-related companies in the U.S., including Kinder Morgan Canada and El Paso Pipeline Partners.
In addition, KMI has been actively investing in renewable energy projects, which is expected to drive future growth. Investors should consider this company’s long-term potential when making an investment decision.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
