Last $123.39 USD
Change Today +0.85 / 0.69%
Volume 29.4K
KEX On Other Exchanges
Symbol
Exchange
Frankfurt
As of 10:21 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

kirby corp (KEX) Snapshot

Open
$122.03
Previous Close
$122.66
Day High
$123.71
Day Low
$121.55
52 Week High
09/16/14 - $123.59
52 Week Low
10/9/13 - $82.16
Market Cap
7.0B
Average Volume 10 Days
265.8K
EPS TTM
$4.68
Shares Outstanding
57.1M
EX-Date
07/26/90
P/E TM
26.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for KIRBY CORP (KEX)

kirby corp (KEX) Related Businessweek News

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kirby corp (KEX) Details

Kirby Corporation, through its subsidiaries, provides marine transportation and diesel engine services primarily in the United States. Its Marine Transportation segment provides transportation services for the inland and coastal markets. This segment transports petrochemicals, refined petroleum products, black oil products, and agricultural chemicals by tank barges; and is involved in the coastal transportation of dry-bulk cargoes. As of February 21, 2014, this segment owned or operated 861 inland tank barges, 253 inland towboats, 72 coastal tank barges, 76 coastal tugboats, 8 offshore dry-cargo barge and tugboat units, and 1 docking tugboat. The company’s Diesel Engine Services segment sells replacement parts; and provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines, transmissions, reduction gears, pumps, and compression products; maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines, transmissions, and entire reduction gears; and manufactures oilfield service equipment, including pressure pumping units. This segment serves inland and offshore barge operators, oilfield service companies, oil and gas operators and producers, compression companies, offshore fishing companies, marine, and on-highway transportation companies, as well as the United States Coast Guard, the United States Navy, and power generation, nuclear, and industrial companies. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

4,575 Employees
Last Reported Date: 02/24/14
Founded in 1921

kirby corp (KEX) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $440.0K
Executive Chairman and Member of Executive Co...
Total Annual Compensation: $827.5K
President of Kirby Inland Marine - LP and Pre...
Total Annual Compensation: $352.5K
President of Kirby Offshore Marine - LLC
Total Annual Compensation: $337.5K
Compensation as of Fiscal Year 2013.

kirby corp (KEX) Key Developments

Kirby Corporation Presents at RBC Capital Markets 2014 Global Industrials Conference, Sep-09-2014 10:55 AM

Kirby Corporation Presents at RBC Capital Markets 2014 Global Industrials Conference, Sep-09-2014 10:55 AM. Venue: The Mandarin Oriental Hotel, 3752 Las Vegas Blvd, Las Vegas, Nevada, United States. Speakers: David W. Grzebinski, Chief Executive Officer and President.

Kirby Corporation Approves Amendments to Bylaws

On July 29, 2014, the Board of Directors of Kirby Corporation amended Article III, Section 9 of the Bylaws of the company to clarify that directors may consent to Board or committee actions by facsimile or electronic transmission.

Kirby Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year 2014

Kirby Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. The company announced record net earnings attributable to Kirby for the second quarter ended June 30, 2014 of $75.0 million, or $1.31 per diluted share, compared with $63.1 million, or $1.11 per diluted share, for the 2013 second quarter. Consolidated revenues for the 2014 second quarter increased 11% to $628.1 million compared with $563.9 million reported for the 2013 second quarter. Operating income was $127,025,000 against $109,252,000 a year ago. Earnings before taxes on income was $121,679,000 against $102,134,000 a year ago. EBITDA was $167,636,000 against $148,925,000 a year ago. Capital expenditures were $101,042,000 against $97,018,000 a year ago. For the six months, revenues were $1,217,300,000, operating profit was $233,879,000, income before income taxes was $222,679,000 and net income attributable to Kirby was $137,238,000 or $2.40 per diluted share against revenues of $1,122,693,000, operating profit of $209,101,000, income before income taxes of $194,070,000 and net income of $119,671,000 or $2.10 per diluted share for the same period a year ago. Kirby continued to generate strong cash flow during the 2014 first six months with EBITDA of $314.5 million compared with $288.9 million for the 2013 first six months. During the first six months, capital expenditures were $163.3 million against $168,175,000 a year ago. The company announced earnings guidance for the 2014 third quarter is $1.30 to $1.40 per share compared with $1.21 per share in the 2013 third quarter, which included an $0.08 per share United earn out benefit. It is raising full year 2014 guidance to $4.90 to $5.10 per share compared with $4.44 per share for the 2013 year, which included a $0.20 per share United earn out benefit. 2014 capital spending guidance is currently in the $370 million to $380 million range, including approximately $140 million for the construction of 66 inland tank barges and 1 inland tugboat expected to be delivered in 2014, and approximately $105 million in progress payments on the construction of the new ATBs.

 

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KEX

Industry Average

Valuation KEX Industry Range
Price/Earnings 25.9x
Price/Sales 3.0x
Price/Book 3.2x
Price/Cash Flow 16.0x
TEV/Sales 2.7x
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