Investing.com - Kinder Morgan (NYSE:KMI) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kinder Morgan announced earnings per share of $0.27 on revenue of $4.43B. Analysts polled by Investing.com anticipated EPS of $0.2559 on revenue of $3.58B.
Kinder Morgan shares are up 9.9% from the beginning of the year and are trading at $17.70 , down-from-52-week-high.They are outperforming the S&P 500 which is down 4.88% from the start of the year.
Kinder Morgan shares gained 1.55% in after-hours trade the report.
Kinder Morgan follows other major Energy sector earnings this month
Kinder Morgan's report follows an earnings missed by Nextier Oilfield Solutions on January 3, who reported EPS of $-0.03 on revenue of $505M, compared to forecasts EPS of $0.0075 on revenue of $503.69M.
Bristow Inc had missed expectations on November 3, 2021 with second quarter EPS of $0.1 on revenue of $301.6M, compared to forecast for EPS of $0.38 on revenue of $290.8M.
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