Houston, Texas-based Kinder Morgan, Inc. (KMI) is a midstream energy infrastructure provider in North America. The company operates pipelines to transport natural gas, crude oil, condensate, refined petroleum products, and more. With a market cap of $60.4 billion, Kinder Morgan operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The energy sector giant is expected to release its fourth-quarter earnings on Wednesday, Jan. 15.
Ahead of the event, analysts expect Kinder Morgan to report an adjusted profit of $0.33 per share, up 17.9% from $0.28 per share reported in the year-ago quarter. The company has matched or surpassed Wall Street’s earnings estimates twice over the past four quarters while missing on two other occasions. Its adjusted EPS for the last reported quarter remained flat at $0.25 while missing analysts’ estimates by 7.4%.
