Investing.com - Kinder Morgan (NYSE:KMI) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kinder Morgan announced earnings per share of $0.2775 on revenue of $5.15B. Analysts polled by Investing.com anticipated EPS of $0.2674 on revenue of $3.77B.
Kinder Morgan shares are up 9.33% from the beginning of the year and are trading at $17.43 , down-from-52-week-high.They are outperforming the S&P 500 which is down 16.92% from the start of the year.
Kinder Morgan shares gained 0.52% in after-hours trade the report.
Kinder Morgan follows other major Energy sector earnings this month
Kinder Morgan's report follows an earnings missed by Baker Hughes on Wednesday, who reported EPS of $0.11 on revenue of $5.05B, compared to forecasts EPS of $0.2173 on revenue of $5.34B.
Halliburton had beat expectations on Tuesday with second quarter EPS of $0.49 on revenue of $5.07B, compared to forecast for EPS of $0.4468 on revenue of $4.71B.
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