Discontinued — last reported Q2 '24
Business Segments · Gain on divestiture
Co2 — Gain on divestiture
Kinder Morgan Co2 — Gain on divestiture increased by 272.7% to $41.00M in Q2 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ2 2024Jul 19, 2024
How to read this metric
A positive gain suggests the assets were sold for more than their book value, indicating effective asset management or favorable market conditions, whereas a loss suggests impairment or poor historical investment performance.
Detailed definition
The net profit recognized on the income statement resulting from the sale of assets or business units within the segment...
Peer comparison
Standard line item in segment reporting for energy companies under 'Gain/Loss on sale of assets'.
Metric ID:
kmi_segment_co2_gain_on_divestitureHistorical Data
3 periods
| Q2 '21 | Q3 '21 | Q2 '24 | |
|---|---|---|---|
| Value | -$3.00M | $11.00M | $41.00M |
| QoQ Change | — | +466.7% | +272.7% |
Range-$3.00M – $41.00M
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is Kinder Morgan's co2 — gain on divestiture?
- Kinder Morgan (KMI) reported co2 — gain on divestiture of $41.00M in Q2 2024.
- What does co2 — gain on divestiture mean?
- The accounting profit realized from selling assets or business units within this segment.