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Kinder Morgan (KMI) Stock Down After Mixed Q2 Results

NEW YORK (TheStreet) -- Shares of Kinder Morgan (KMI) are plunging by 5.12% to $20.96 in afternoon trading on Thursday, after the company reported mixed fiscal 2016 second quarter results after Wednesday's closing bell.

The Houston-based pipeline company reported earnings of 15 cents per share, which was in line with analysts estimates. Sales came in at $3.14 billion compared to analysts projected $3.45 billion.

Last year, Kinder Morgan posted earnings of 15 cents per share on revenue...