Why Kinder Morgan’s Earnings Fell in 1Q17
The Natural Gas Pipelines segment is Kinder Morgan’s largest business segment in terms of earnings before depreciation and amortization. In 1Q17, this segment accounted for 54% of the company’s total EBDA.
Of the analysts surveyed by Reuters, ~73% rated Kinder Morgan (KMI) as a “buy,” ~27% rated it as a “hold,” and none of the surveyed analysts rated it as a “sell.”
Kinder Morgan’s (KMI) net debt at the end of 1Q17 stood at $37.8 billion, which was $317 million lower than at the end of 2016.