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First quarter 2024 earnings per share of $1.19 Inland marine experienced strong market conditions with a sequential increase in spot market prices and high-teens operating margins despite a sequential increase in delay days Coastal operating margins improved to high single to low double-digit range Breaking out power generation at KDS as its significance continues to grow, constituting 41% of KDS revenues Kirby repurchased 498,505 shares at an average price of $83.82 for $41.8 million in the...

HOUSTON, March 28, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2024 first quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, April 25, 2024. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration . All registrants will receive dial-in information and a...

HOUSTON, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) announced today that Kirby will present at the Stifel 2024 Transportation & Logistics Conference on Tuesday, February 13, 2024. Specifics of the conference presentation are as follows: Stifel 2024 Transportation & Logistics Conference Date: Tuesday, February 13, 2024 Time: 9:20 a.m. Eastern / 8:20 a.m. Central Presenters: David Grzebinski, President and CEO Raj Kumar, Executive VP of Finance and CFO Location:...

2023 fourth quarter and full year earnings per share of $1.04 and $3.72, respectively Inland marine experienced strong market conditions with a sequential increase in spot market prices and high-teens operating margins despite an increase in delay days Distribution and services revenue up sequentially and year -over-year despite supply chain delays Kirby repurchased 673,279 shares at an average price of $77.08 for $51.9 million in the 2023 fourth quarter and 1,485,159 at an average price of...

HOUSTON, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2023 fourth quarter results at 6:00 a.m. Central Standard Time (“CST”) on Thursday, February 1, 2024. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CST. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration . All registrants will receive dial-in information and a...

HOUSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby" or “the Company”) (NYSE: KEX) announced today that Kirby will present in a fireside chat at the Stephens NASH2023 Investment Conference on Tuesday, November 14, 2023. Specifics of the conference presentation are as follows: Stephens NASH2023 Investment Conference Date: Tuesday, November 14, 2023 Time: 9:00 a.m. Eastern / 8:00 a.m. Central Presenters: Raj Kumar, Executive Vice President and CFO Kurt Niemietz, VP IR &...

Third quarter 2023 earnings per share of $1.05 increases 62% year-over-year and 11% sequentially Despite the Illinois River closure, inland marine experienced strong market conditions with a sequential increase in spot market prices and high-teens operating margins Distribution and services 2023 third quarter operating income improved 49% year-over-year and 11% sequentially Kirby repurchased 290,255 shares at an average price of $80.31 for $23.3 million HOUSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) --...

HOUSTON, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2023 third quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, October 26, 2023. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration . All registrants will receive dial-in information and a...

HOUSTON, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Kirby Inland Marine, LP christened the GREEN DIAMOND, the nation’s first plug-in hybrid electric inland towing vessel, at a ceremony in Houston on Friday, August 25, 2023. Following the ceremony, the vessel will be time chartered by Shell Trading (US) Company, which will use the boat to push barges throughout the Houston port region. Shell Energy Solutions (PUCT #10174) is providing electrical power matched 100% by Green-e ® certified renewable...

HOUSTON, Aug. 23, 2023 (GLOBE NEWSWIRE) -- MEDIA ADVISORY Contact: Matt Woodruff Vice President, Public & Government Affairs, Kirby Corporation Kirby Media Line: (713)435-1542 [email protected] RSVP Required to attend. Please see below ! Who: Kirby Inland Marine, LP, Shell, San Jac Marine, LLC, Kirby Corporation What: A boat christening ceremony to welcome the new vessel “GREEN DIAMOND” to the Kirby Inland Marine fleet. The ceremony will include remarks by Kirby officials and...

Second quarter 2023 earnings per share of $0.95 Inland marine experienced strong market conditions with a sequential increase in spot market prices and utilization in the low 90% range Steady oil and gas demand boosted distribution and services results sequentially despite continued supply chain constraints Strong cash flow from operations of $211 million with free cash flow of $113 million Kirby repurchased 474,775 shares at an average price of $72.49 for $34.4 million HOUSTON, July 27, 2023...

HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2023 second quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, July 27, 2023. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration . All registrants will receive dial-in information and a PIN...

HOUSTON, May 22, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) announced today that Kirby will present at the Wolfe Research 16 th Annual Global Transportation & Industrials Conference on Wednesday, May 24, 2023. Specifics of the conference presentation are as follows: Wolfe Research 2023 Global Transportation & Industrials Conference Date: Wednesday, May 24, 2023 Time: 3:40 p.m. Eastern / 2:40 p.m. Central Presenter: Raj Kumar, Executive VP and CFO Location: New York, NY...

First quarter 2023 earnings per share of $0.68 Included in the results are two offsetting one-time events. One-time costs related to strategic review and shareholder engagement activities of $0.04 per share which were offset by interest on our delayed IRS refund included in Other income of $0.04 per share. Inland marine experienced strong market conditions with utilization in the low to mid-90% range and sequential increases in spot market prices Marine transportation was impacted by poor...

HOUSTON, March 31, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2023 first quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, April 27, 2023. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration . All registrants will receive dial-in information and a...

HOUSTON, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation (NYSE: KEX) ("Kirby" or “the Company”) today announced the appointment of Rocky B. Dewbre as a new independent member of the Company’s Board, effective immediately, pursuant to a cooperation agreement with Kirby shareholder JCP Investment Management, LLC (“JCP”). Following the appointment of Mr. Dewbre, the Kirby Board of Directors will expand to eleven directors, nine of whom are independent. “We welcome Rocky to the Kirby...

Fourth quarter 2022 earnings per share of $0.62, or earnings per share of $0.67 excluding one-time items Inland marine results include sequential operating margin improvement, with operating margin improving to the low teens Distribution and services revenue up 28% year-over-year despite supply chain delays Continued growth expected in 2023 in both inland marine and distribution and services 2023 projected cash flow from operations of $480 million to $580 million Board increases share repurchase...

HOUSTON, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation (NYSE: KEX) ("Kirby" or “the Company”) today announced the appointment of Susan W. Dio to the Company’s Board, effective January 24, 2023. Following the appointment of Ms. Dio, the Kirby Board of Directors will expand to ten directors, nine of whom are independent. Ms. Dio is a proven executive with more than 25 years of experience in international refining, petrochemicals and oil and gas. She most recently served as Chairman and...

HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation (NYSE: KEX) ("Kirby" or the “Company”) today announced its Board of Directors has concluded the Company’s review of strategic alternatives for its Distribution and Services business, which was initiated in early 2022. The Kirby Board of Directors (the “Board”), with the support of its independent financial and legal advisors, reviewed a range of alternatives, including a sale or spin-off of the Company’s Distribution and...

HOUSTON, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2022 fourth quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Tuesday, January 31, 2023. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration . All registrants will receive dial-in information and a...