KMI Earnings Prediction
The chart below shows how KMI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KMI sees a -2.99% change in stock price 10 days leading up to the earnings, and a -0.98% change 10 days following the report. On the earnings day itself, the stock moves by +0.02%. This data can give you a slight idea of what to expect for the next quarter's release.
KMI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.99B
-1.26%
7.79%
Gross Margin
34.89%
2.17%
-0.57%
Operating Margin
28.79%
19.11%
6.91%
Net Margin
17.41%
13.79%
-1.08%
EPS
0.30
11.11%
7.14%
No Data Available
KMI Earnings Analysis
Kinder Morgan Inc Corporation (KMI.N) Earnings Conference Call
Positive
Capital Expenditures Overview: Capital expenditures for new projects exceed $5 billion, with the capacity to transport over 5 Bcf a day of natural gas, supported by long-term contracts with creditworthy customers.
Expansion Project Backlog Growth: The backlog of expansion projects has grown to $8.1 billion, with $6.3 billion in new projects secured, indicating strong future growth potential.
Net Income Increase: Net income attributable to Kinder Morgan increased by 12% year-over-year to $667 million, with adjusted EPS rising 14% to $0.32, driven by contributions from natural gas and terminal businesses.
Quarterly Dividend Increase: A quarterly dividend of $0.2875 per share was declared, representing a 2% increase from the previous year, reflecting the company's commitment to returning value to shareholders.
Positive Financial Outlook: The company expects net income growth of 8%, EBITDA growth of 4%, and adjusted EPS growth of 10% for 2025, indicating a positive outlook for financial performance.
Negative
Natural Gas Transport Stagnation: Transport volumes for the Natural Gas Business Unit were unchanged compared to Q4 2023, indicating stagnation in growth despite expectations for increased demand.
Natural Gas Volume Decline: Natural gas gathering volumes decreased by 7% in the quarter compared to Q4 2023, with full-year averages falling 8% below the 2024 plan, reflecting lower production in key regions.
Refined Products Volume Decline: Refined products volumes were down 3% for the full year compared to the plan, suggesting underperformance in this segment despite a slight increase in Q4.
Oil Production Decline: The CO2 segment reported a 3% decline in oil production volumes and a 6% decrease for the full year, indicating challenges in maintaining production levels.
EBITDA Shortfall Analysis: Q4 EBITDA was approximately $100 million below the initial quarterly budget, primarily due to lower commodity prices and reduced RNG sales, highlighting financial pressures.
KMI FAQs
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KMI Earning Call Sentiment
Earnings call transcript: Kinder Morgan Q4 2024 misses forecasts, stock dips
KMI.N
-9.28%Positive
The earnings call highlights strong financial performance with a 12% increase in EBITDA and a 14% rise in adjusted EPS. The dividend increase and backlog growth are positive indicators. Although there are concerns about integration risks from the Outrigger acquisition and unclear synergies, the overall sentiment is positive due to robust financial metrics and optimistic guidance. The company's strategic positioning in LNG exports and effective management of weather impacts further support a positive outlook for the stock price.