Kinder Morgan Sees FY23 Net Income Attributable To KMI Of $2.5B; Sees FY23 DCF $4.8B
Portfolio Pulse from Benzinga Newsdesk
Kinder Morgan has projected its net income attributable to KMI to be $2.5 billion for FY23. The company also expects its distributable cash flow (DCF) to reach $4.8 billion in the same fiscal year.
October 18, 2023 | 8:10 pm
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POSITIVE IMPACT
Kinder Morgan's FY23 net income and DCF projections are positive indicators of the company's financial health and could potentially boost investor confidence.
The projected increase in net income and DCF for FY23 indicates that Kinder Morgan expects to have a strong financial performance in the upcoming fiscal year. This could potentially lead to an increase in the company's stock price as it may boost investor confidence in the company's financial stability and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100