"Let me give you this warning, if commodity and equity prices continue to fall, then we may have impairments in future quarters," she said.
(Reporting by Kristen Hays)
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5-day change | 1st Jan Change | ||
18.76 USD | -0.35% | +6.02% | +6.32% |
Apr. 23 | AI boom to fuel natural gas demand in coming years, report says | RE |
Apr. 18 | Sector Update: Energy Stocks Decline Late Afternoon | MT |
HOUSTON (Reuters) - Kinder Morgan Inc recorded a $1.15 billion non-cash goodwill writedown on midstream natural gas assets and a $285 million writedown primarily in carbon dioxide segment, Chief Financial Officer Kimberly Allen Dang told analysts on Wednesday.
"Let me give you this warning, if commodity and equity prices continue to fall, then we may have impairments in future quarters," she said.
(Reporting by Kristen Hays)
1st Jan change | Capi. | |
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+6.32% | 41.64B | |
+1.49% | 75.27B | |
+9.72% | 62.68B | |
+11.34% | 47.25B | |
+14.43% | 46.9B | |
+12.96% | 41.92B | |
-4.93% | 37.35B | |
+33.52% | 25.82B | |
+6.31% | 20.56B | |
+19.14% | 12.65B |