2024-07-23 06:45:00 ET
Kinder Morgan (NYSE: KMI) recently reported its second-quarter results, with the pipeline giant showing relatively modest growth across various metrics. However, investors seemed satisfied with the report, pushing the stock higher in the days following the earnings release.
Let's take a closer look at Kinder Morgan's most recent results and why stronger growth could be in store for the company.
For its second quarter, Kinder Morgan posted generally modest growth. Its adjusted net income attributable to the company rose 1% to $548 million, while its adjusted earnings per share (EPS) rose $0.01 to $0.25.
For further details see:
Kinder Morgan Shows Lackluster Growth, but Could Better Days Be Ahead?