Kinder Morgan Inc Class P
KMI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| S%Z | LOCK|g$<^x | LOCK|%^vbP!Z |
Kinder Morgan Earnings: Commodity Price Tailwinds Drive Earnings Beat
Kinder Morgan's second-quarter adjusted EBITDA was $2.20 billion versus PitchBook consensus of $2.06 billion. Higher oil prices lifted the enhanced oil recovery business, and stronger demand boosted volumes in the natural gas and terminals segments. The backlog declined as projects entered service.
