Published on 29 Nov 2021 on Zacks via Yahoo Finance
Kinder Morgan (KMI) Stock Sinks As Market Gains: What You Should Know
Kinder Morgan (KMI) closed the most recent trading day at $16.01, moving -1.54% from the previous trading session. This change lagged the S&P 500's 1.32% gain on the day. Meanwhile, the Dow gained 0.68%, and the Nasdaq, a tech-heavy index, lost 0.15%.
Heading into today, shares of the oil and natural gas pipeline and storage company had lost 2.93% over the past month, outpacing the Oils-Energy sector's loss of 6.8% and lagging the S&P 500's gain of 3.61% in that time.
Kinder Morgan will be looking to display strength as it nears its next earnings release. In that report, analysts expect Kinder Morgan to post earnings of $0.26 per share. This would mark a year-over-year decline of 3.7%. Our most recent consensus estimate is calling for quarterly revenue of $3.39 billion, up 8.75% from the year-ago period.