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Kinder Morgan’s Earnings Miss the Mark As Growth Concerns Loom

 October 16, 2019 - 8:45 PM EDT

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Kinder Morgan's Earnings Miss the Mark As Growth Concerns Loom

Kinder Morgan's (NYSE: KMI) third-quarter report was a bit of a mixed bag. While the energy company's natural gas pipeline segment continued to deliver strong results, its overall earnings came in slightly below its budget. The culprits were delays in completing one of its major projects, and some issues with its oil business. The company therefore expects its full-year results to come in a little bit below expectations.

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Q3 2019

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Source: Motley Fool
(October 16, 2019 - 8:45 PM EDT)

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