HOUSTON (AP) — HOUSTON (AP) — Kinder Morgan Inc. (KMI) on Wednesday reported third-quarter net income of $628 million.
On a per-share basis, the Houston-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring costs, were 29 cents per share.
The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 29 cents per share.
The oil and natural gas pipeline and storage company posted revenue of $4.15 billion in the period.
Kinder Morgan expects full-year earnings to be $1.27 per share.
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