Kirby Corp. engages in the provision of diesel engines, reduction gears and ancillary products for marine and power generation applications. It operates through the following segments: Marine Transportation and Distribution & Services segment. The Marine Transportation segment provides marine transportation services, operates tank barges and towing vessels transporting bulk liquid products and transports petrochemicals, refined petroleum products, black oil products and agricultural chemicals by tank barge. The Distribution & Services segment sells genuine replacement parts, 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 reduction gears and manufactures and remanufactures oilfield service equipment, including pressure pumping units. The company was founded in 1921 and is headquartered in Houston, TX.
Company profile
Ticker
KEX
Exchange
Website
CEO
David Grzebinski
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Carnival • Carnival Corp. • Royal Caribbean • NCL • Norwegian Cruise Line • Tidewater • Seapeak • Altera Infrastructure • Matson • Golar Lng ...
SEC CIK
Corporate docs
Subsidiaries
Kirby Corporate Services, LLC • KIM Holdings, Inc. • Kirby Terminals, Inc. • Sabine Transportation Company • AFRAM Carriers, Inc. • Kirby Distribution & Services, Inc. • Kirby Tankships, Inc. • Kirby Ocean Transport Company • Kirby Offshore Marine, LLC • Adaptive KRM, LLC ...
IRS number
741884980
KEX stock data
Calendar
9 May 22
2 Jul 22
31 Dec 22
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 32.4M | 32.4M | 32.4M | 32.4M | 32.4M | 32.4M |
| Cash burn (monthly) | 805K | 1.66M | (no burn) | 20.02M | (no burn) | (no burn) |
| Cash used (since last report) | 2.47M | 5.09M | n/a | 61.39M | n/a | n/a |
| Cash remaining | 29.93M | 27.3M | n/a | -28.99M | n/a | n/a |
| Runway (months of cash) | 37.2 | 16.4 | n/a | -1.4 | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Jun 22 | Clarke Kim B | RSU Common Stock | Grant | Acquire A | No | No | 0 | 9,970 | 0 | 9,970 |
| 2 May 22 | Ainsworth Anne-Marie | Common Stock, par value $0.10 per share | Grant | Acquire A | No | No | 0 | 3,113 | 0 | 22,370 |
| 2 May 22 | Alario Richard J | Common Stock, par value $0.10 per share | Grant | Acquire A | No | No | 0 | 3,113 | 0 | 27,546 |
| 2 May 22 | Beder Tanya S | Common Stock, par value $0.10 per share | Grant | Acquire A | No | No | 0 | 3,113 | 0 | 11,403 |
| 2 May 22 | Davis Barry E | Common Stock, par value $0.10 per share | Grant | Acquire A | No | No | 0 | 1,396 | 0 | 27,965 |
| 2 May 22 | Davis Barry E | Common Stock, par value $0.10 per share | Grant | Acquire A | No | No | 0 | 3,113 | 0 | 26,569 |
Institutional ownership, Q1 2022
96.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 268 |
| Opened positions | 59 |
| Closed positions | 38 |
| Increased positions | 79 |
| Reduced positions | 88 |
| 13F shares | Current |
|---|---|
| Total value | 4.4B |
| Total shares | 57.94M |
| Total puts | 27.61K |
| Total calls | 12.8K |
| Total put/call ratio | 2.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 5.5M | $397.04M |
| BLK Blackrock | 5.02M | $362.47M |
| Atlanta Capital Management Co L L C | 3.88M | $280.33M |
| FMR | 2.35M | $169.58M |
| Alliancebernstein | 2.08M | $150.32M |
| ArrowMark Colorado | 2.05M | $148.03M |
| Diamond Hill Capital Management | 2.05M | $147.69M |
| Wellington Management | 2.02M | $145.97M |
| Hound Partners | 2.01M | $145.27M |
| Dimensional Fund Advisors | 1.98M | $143.23M |
Content analysis
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| Legalese | ||
| Litigous | ||
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H.S. junior Avg
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New words:
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Removed:
add, adversely, Aid, Alaska, amendment, amid, announced, applicable, applied, approach, approval, approved, asserting, assessment, ASU, aware, bifurcated, boost, bow, calculated, capitalization, capsized, category, charge, collision, conducted, consumption, continuity, cutting, damage, damaged, decision, declined, delivery, dependent, determine, direct, discharged, discount, discounted, District, Division, dropped, event, exceeded, export, extensive, fault, fewer, full, Galveston, goodwill, Guard, Hawaii, hull, impaired, incorporating, interim, judgment, June, lieu, LP, LPG, maintained, maritime, matter, meeting, MMI, Multiple, National, offline, older, ordered, outbreak, overhauled, owner, participating, peak, penetrated, performed, President, profitability, quantitative, quickly, railcar, realizable, recent, recognition, recording, recoverable, reduce, reformate, relief, remain, remanufactured, removal, removing, reset, resource, responded, restoration, retired, returned, Savage, sector, Security, September, sequentially, sharp, shipped, Simplifying, small, state, statutory, stockholder, strong, struck, subsequently, summer, Susan, tanker, taxed, test, Topic, Trade, trial, uncertainty, unearned, updated, Voyager, week, weighted
Financial reports
Current reports
8-K/A
Departure of Directors or Certain Officers
9 Jun 22
8-K
Departure of Directors or Certain Officers
25 May 22
8-K
Departure of Directors or Certain Officers
20 May 22
8-K
Kirby Corporation Announces 2022 First Quarter Results
28 Apr 22
8-K/A
Departure of Directors or Certain Officers
2 Mar 22
8-K/A
Departure of Directors or Certain Officers
2 Mar 22
8-K
Entry into a Material Definitive Agreement
8 Feb 22
8-K
Kirby Corporation Announces 2021 Fourth Quarter
27 Jan 22
8-K/A
Departure of Directors or Certain Officers
1 Dec 21
8-K
Kirby Corporation Announces 2021 Third Quarter Results
28 Oct 21
Registration and prospectus
S-8
Registration of securities for employees
3 Jun 22
424B5
Prospectus supplement for primary offering
8 Feb 18
424B3
Prospectus supplement
6 Feb 18
FWP
Free writing prospectus
6 Feb 18
S-3ASR
Automatic shelf registration
4 Feb 18
S-3ASR
Automatic shelf registration
15 Oct 17
S-8
Registration of securities for employees
25 Oct 12
S-8
Registration of securities for employees
25 Oct 12
425
Business combination disclosure
28 Jun 11
S-4/A
Registration of securities issued in business combination transactions (amended)
26 May 11
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
28 May 21
UPLOAD
Letter from SEC
13 Dec 20
CORRESP
Correspondence with SEC
10 Dec 20
UPLOAD
Letter from SEC
1 Dec 20
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
30 May 19
UPLOAD
Letter from SEC
7 Mar 19
CORRESP
Correspondence with SEC
3 Mar 19
UPLOAD
Letter from SEC
18 Feb 19
Ownership
11-K
Annual report of employee stock purchases
24 Jun 22
4
KIRBY / Kim B Clarke ownership change
10 Jun 22
4
KIRBY / Shawn D. Williams ownership change
3 May 22
4
KIRBY / William M. Waterman ownership change
3 May 22
4
KIRBY / RICHARD ROSS STEWART ownership change
3 May 22
4
KIRBY / J H PYNE ownership change
3 May 22
4
KIRBY / BARRY E DAVIS ownership change
3 May 22
4
KIRBY / Tanya S Beder ownership change
3 May 22
4
KIRBY / RICHARD J ALARIO ownership change
3 May 22
4
KIRBY / Anne-Marie Ainsworth ownership change
3 May 22
Transcripts
2022 Q1
Earnings call transcript
28 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
1 Aug 21
2021 Q1
Earnings call transcript
30 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
31 Oct 20
2020 Q2
Earnings call transcript
2 Aug 20
2020 Q1
Earnings call transcript
5 May 20
2019 Q4
Earnings call transcript
30 Jan 20
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