Kinder Morgan Budgeted 2024 Net Income $2.7B, DCF $5B, Adjusted EBITDA $8.16B; Dividend $1.15/share
Portfolio Pulse from Benzinga Newsdesk
Kinder Morgan has announced its budget for 2024, projecting a net income of $2.7 billion, distributable cash flow (DCF) of $5 billion, and adjusted EBITDA of $8.16 billion. The company also plans to pay a dividend of $1.15 per share.
July 17, 2024 | 8:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kinder Morgan has announced its 2024 budget, including a net income of $2.7 billion, DCF of $5 billion, and adjusted EBITDA of $8.16 billion. The company also plans to pay a dividend of $1.15 per share.
The announcement of strong financial projections and a solid dividend payout is likely to positively impact Kinder Morgan's stock price in the short term. Investors typically respond well to clear and positive financial guidance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100