Tag: Kinder Morgan
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Kinder Morgan Earnings; Natural Gas Demand Drives Growth KMI
Kinder Morgan Inc. (NYSE: KMI) reported earnings after the market closed on October 22. The company’s revenue came in about 4.6% above expectations, but a slight earnings miss sent the stock lower by about 1.5% in after-hours trading. Investors have high expectations for corporate earnings. As Netflix showed, a miss on earnings, no matter how slight, can send a stock…