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BRIEF-Kinder Morgan Canada Ltd - QTRLY Revenue C$ 105.2 Million Versus C$95.0 Million

Published 2019-01-16, 04:31 p/m
Updated 2019-01-16, 04:40 p/m
© Reuters.  BRIEF-Kinder Morgan Canada Ltd - QTRLY Revenue C$ 105.2 Million Versus C$95.0 Million

Kinder Morgan (NYSE:KMI) Canada Ltd KML.TO :

* KINDER MORGAN CANADA LIMITED DECLARES DIVIDEND AND ANNOUNCES RESULTS FOR FOURTH QUARTER OF 2018

* Q4 INCOME FROM CONTINUING OPERATIONS OF $40.3 MILLION, AN INCREASE OF $22.3 MILLION

* IN Q4, KML GENERATED EARNINGS PER SPLIT-ADJUSTED RESTRICTED VOTING SHARE FROM CONTINUING OPERATIONS OF $0.30

* IN QUARTER KML PRODUCED DCF FROM CONTINUING OPERATIONS OF $0.53 PER SPLIT-ADJUSTED RESTRICTED VOTING SHARE

* QTRLY EARNINGS IN TERMINALS SEGMENT WERE UP 13 PERCENT COMPARED TO Q4 OF 2017

* KML'S BOARD OF DIRECTORS HAS ALSO SUSPENDED, UNTIL FURTHER NOTICE, KML'S DRIP, EFFECTIVE JANUARY 16, 2019

* QTRLY PIPELINE SEGMENT EARNINGS WERE UP 39 PERCENT COMPARED TO Q4 OF 2017

* QTRLY REVENUE C$ 105.2 MILLION VERSUS C$95.0 MILLION

* Q4 REVENUE VIEW C$99.0 MILLION -- REFINITIV IBES DATA

* IN LIGHT OF LAST YEAR'S TRANS MOUNTAIN SALE, KML CONTINUES TO EVALUATE ALL OPTIONS

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