Kinder Morgan Energy Partners Misses Q2 EPS Expectations (KMP)

Kinder Morgan Energy Partners Misses Q2 EPS Expectations (KMP)


Houston-based pipeline transportation and energy storage company, Kinder Morgan Energy Partners (KMP), released Q2 earnings after the bell on Wednesday, which fell short of analysts’ expectations.The energy bellwether reported Q2 earnings-per-share of $0.49, falling short of the expected analyst consensus estimate of $0.61; some investors responded by taking profits as the stock crept slightly lower in after hours trading. On the other hand, the company reported better-than-expected revenues, managing to rake in $3.02 billion for the quarter versus the expected figure of $2.7 billion.

The company missed Q2 earnings estimates last year as well, when it reported EPS of $0.37 versus the expected $0.47. Shares are trading nearly 7% off their 52-week high of $92.99 set on 4/24.

Kinder Morgan Energy Partners shares crept higher on Wednesday, gaining 0.72% on the day. The stock is up nearly 9% YTD.

The Bottom Line

Shares of Kinder Morgan Energy Partners (KMP) are yielding 6.00% based on Wednesday’s closing price of $86.73.

Kinder Morgan Energy Partners (KMP) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today