Kinder Morgan Q1 2024 EPS rises 10% to $0.33; full-year budget unchanged
Kinder Morgan reported first-quarter 2024 EPS of $0.33, up 10% from a year earlier, and net income attributable to KMI of $746 million, up from $679 million. Revenues were $3,842 million, slightly below $3,888 million in the first quarter of 2023. The board approved a quarterly dividend of $0.2875 per share, and management said there is no change to its full-year 2024 budget guidance.
Key points
- Q1 2024 EPS was $0.33, up 10%; DCF per share was $0.64, up 5%.
- Net income attributable to KMI was $746 million, compared with $679 million in Q1 2023.
- Revenues were $3,842 million, compared with $3,888 million in Q1 2023.
- Dividend of $0.2875 per share is payable May 15, 2024, to holders of record on April 30, 2024; 2024 budget guidance is unchanged.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 17, 2024.
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