Kinder Morgan Q2: Earnings Miss, Higher Project Backlog & More
Kinder Morgan Q2: Earnings Miss, Higher Project Backlog & More
Kinder Morgan, Inc. (NYSE:KMI) reported second-quarter FY24 revenue of $3.57 billion, missing the consensus of $4.12 billion.
金德尔摩根公司(NYSE:KMI) 报告了第二季度FY24的营业收入为357亿美元，未达到41.2亿美元的共识。
Natural Gas Pipelines segment saw improved financial performance Y/Y, driven by higher contributions from the Texas Intrastate system and the STX Midstream acquisition.
天然气管道业务板块的财务业绩同比改善，主要得益于来自德州内陆系统和STX中游并购的更高贡献。
Also, contributions from the Products Pipelines segment increased Y/Y, aided by higher rates on existing assets and contributions from new capital projects.
同时，产品管道业务板块的贡献同比增加，新资本项目的贡献和现有资产的更高费率推动了业绩表现。
In the second quarter, earnings in the Terminals business segment exceeded Y/Y, led by new expansion projects coming online and increased rates and utilization at their New York Harbor hub facilities in liquids terminals.
在第二季度中，储运业务板块的盈利同比增长，由于正在投入使用的新扩建项目和其纽约海港液体储运设施的费率和利用率增加。
CO2 business segment earnings, excluding the gain from a divestiture, were down due to lower crude volumes, CO2 sales, and NGL volumes, down 13%, 8%, and 17% respectively, on a net-to-KMI basis.
CO2业务板块的盈利，除了出售股份所获利润外，由于低油品、CO2销量和NGL销量，净下降了13%、8%和17%。
Adjusted EPS rose 4% Y/Y to $0.25, missing the consensus of $0.26.
调整后的EPS同比增长4%至0.25美元，未达到0.26美元的共识。
The project backlog increased to $5.2 billion by the end of the second quarter of FY24 from $3.3 billion in the first quarter of FY24.
该公司的项目备货从FY24第一季度的33亿美元增加到第二季度的52亿美元。
Kinder Morgan anticipates that the remaining $3.8 billion of projects in the backlog will generate an average Project EBITDA multiple of around 5.4 times.
金德尔摩根预计备货中剩余的38亿美元将产生平均项目EBITDA倍数约为5.4倍。
The board of directors approved a cash dividend per share of $0.2875 for the second quarter, payable on August 15, 2024, to stockholders of record as of July 31, 2024.
董事会批准了每股0.2875美元的现金股息，适用于2024年7月31日记录的股东，于2024年8月15日支付。
The company generated cash flow from operations of $1.7 billion and $1.1 billion in free cash flow (FCF) after capital expenditures.
公司的运营现金流为17亿美元，资本支出后的自由现金流为11亿美元。
The company plans to allocate around 80% of its project backlog to investments in lower-carbon energy, such as conventional natural gas, renewable natural gas (RNG), renewable diesel (RD), RD feedstocks, sustainable aviation fuel (SAF), and carbon capture and sequestration initiatives.
该公司计划将约80%的项目备货分配给投资于低碳能源，如传统天然气、可再生天然气(RNG)、可再生柴油(RD)、RD原料、可持续航空燃料(SAF)和碳捕集和封存项目。
Richard D. Kinder, Executive Chairman, said, "As I noted last quarter, we expect demand for natural gas to grow substantially between now and 2030, led by more than a doubling of demand for LNG exports and an almost 50% increase in natural gas exports to Mexico."
执行主席Richard D. Kinder表示:"正如我在上一季度所指出的，我们预计到2030年天然气的需求将大幅增长，其中成倍增长的液化天然气(LNG)出口需求和近50%的对墨西哥天然气出口需求将成为主要发展趋势。"
The company expects to be roughly in-line with its budget for the full year (on budget or within 1-2% below).
该公司预计全年的预算与实际执行基本相符(即按预算执行或低于预算1-2%)。
Also Read: Kinder Morgan Acquires West Texas Oilfield To Leverage Carbon Capture Incentives: Report
此外，金德尔摩根收购了西德克萨斯石油田，以利用碳捕集激励计划。
Price Action: KMI shares are up 3.19% at $21.19 at the last check Thursday.
价格走势: KMI股票周四最后一次交易时上涨3.19%，报21.19美元。
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