Here's What Investors Should Watch When Kinder Morgan Inc. Reports Its Second-Quarter Results

Kinder Morgan (NYSE: KMI) kept itself busy during the second quarter wrapping up a slew of strategic initiatives. The biggest was the completion of an IPO of its Canadian unit Kinder Morgan Canada Limited (TSX: KML), which will likely have an impact on its second-quarter results. Here's a closer look at how that transaction, and a few other items, might affect the company's quarter and future growth prospects.

While Kinder Morgan operates several assets in Canada, its Canada segment had previously only included the financial results of its Trans Mountain Pipeline. Consequently, the segment last quarter only generated $43 million in earnings, which is a fraction of what its other segments produce each quarter:

Data source: Kinder Morgan Inc. Chart by author. In millions of dollars.

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Source: Fool.com