USSTOCK.TODAY
Market Closed
Log in Sign up

Kinder Morgan Approves $4.7 Billion Investment in Natural Gas Pipeline Projects

Nasdaq +4 ·

KMI Kinder Morgan Inc
$33.97 +1.19%
View chart & analysis →
  1. 1Kinder Morgan has approved a total investment of $4.7 billion for two major natural gas pipeline joint venture projects.
  2. 2Kinder Morgan reported adjusted earnings per share of 35 cents for the three months ended September 30.
  3. 3Kinder Morgan shares rose 2.7% in extended trading.

So what's the key point?

Kinder Morgan decided to spend $4.7 billion on a business to build pipes for moving gas. The stock price rose 2.7% following this news.

Source Nasdaq +4 · View original ↗

Related 3-line summaries

Alphabet, Tesla and others to report Q2 earnings after today's market close MarketWatch +6 · Jul 22Steel Dynamics beats estimates with 2Q net income of $534.1 million Associated Press +2 · Jul 21Las Vegas Sands Announces Earnings Impact Due to Weakness in High-End Customers Nasdaq +3 · 1h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news