Kinder Morgan posted the strongest first-quarter results among the eight energy infrastructure stocks tracked, with revenues of $4.83 billion, up 13.8% year on year and beating analysts' expectations by 3.3%. The company also exceeded EPS and EBITDA estimates. As a group, the infrastructure stocks beat revenue consensus by 14.9%, but share prices have declined 3.6% on average since reporting. Expand Energy recorded the largest revenue beat at 48.2%, while Genesis Energy was the weakest performer with misses on EPS and EBITDA. DHT Holdings achieved the fastest revenue growth among peers at 97.4% year on year.
Kinder Morgan IncKinder Morgan reported strongest Q1 results among peers, beating revenue, EPS, and EBITDA estimates.
Expand Energy Corporation
Genesis Energy LPGenesis Energy missed EPS and EBITDA estimates, making it the weakest performer.
DHT Holdings Inc