Kinder Morgan Energy Partners Q4 Profit Up - Quick Facts

(RTTNews) - Kinder Morgan Energy Partners, L.P. (KMP) Wednesday reported fourth-quarter profit of $809 million, up from $640 million in the same period last year.

Limited Partners' interest in net income was $364 million or $0.83 per share, compared to $237 million or $0.64 per share last year.

On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.73 per share for the quarter. Analysts' estimates typically exclude special items.

The company has increased its quarterly cash distribution to $1.36, up 5 percent from $1.29 in the prior year quarter.

Revenues increased to $3.47 billion from $2.68 billion last year. Analysts expected revenues of $3.34 billion.