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Project backlog increased by $700 million from the previous quarter, with significant focus on power demand projects. Adjusted EPS remained stable at $0.34, consistent with Q4 2024.
Overall, it has a backlog of $5.1 billion, up 34% from a year ago. It is looking to spend around $2 billion a year on capex, perhaps more, with the ability to fund up to $2.5 billion for its cash ...
Its project backlog increased a whopping 60% compared to its third quarter, going from $5.1 billion to $8.1 billion. Projects related to natural gas accounted for 89% of its backlog.
Goldman Sachs reiterates Buy on Kinder Morgan, citing solid gas business and reaffirmed $8.35B EBITDA outlook. The analyst sees strong demand and project backlog as positives despite product ...
Project backlog increased by $700 million from the previous quarter, with significant focus on power demand projects. Adjusted EPS remained stable at $0.34, consistent with Q4 2024.
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