Kinder Morgan, Inc. plans to participate in the Citi 2025 Natural Resources Conference on August 12-13, 2025. During this event, company representatives will discuss various aspects of the business.
Materials for the conference will be accessible on Kinder Morgan's website starting at 8:00 a.m. Central Time on August 7, 2025. Investors may find this information relevant as it could provide insights into the company's operations and future plans.
linkAug 06, 2025 17:31:42
Kinder Morgan, Inc. announced its preliminary financial results for the second quarter of 2025, reporting a net income of $715 million, a 24% increase compared to the same period in 2024. The company also achieved an adjusted EBITDA of $1,972 million, up 6% year-over-year. A cash dividend of $0.2925 per share was approved, reflecting a 2% increase from Q2 2024, and is scheduled for payment on August 15, 2025. The project backlog increased to $9.3 billion, primarily driven by natural gas projects, which represent 93% of the backlog. Kinder Morgan also highlighted a healthy balance sheet with a net debt-to-adjusted EBITDA ratio of 4.0 times at the end of the quarter.
The company is expanding its natural gas transportation capacity with several significant projects underway, including the Trident Intrastate Pipeline and the Mississippi Crossing project, both expected to enhance service capabilities by 2028. Kinder Morgan's financial outlook for 2025 includes a projected net income of $2.8 billion and an adjusted EPS of $1.27, both reflecting growth from 2024. The company is also benefiting from favorable tax changes and has secured long-term contracts that position it to capitalize on increasing demand for natural gas, particularly in the LNG sector.
linkJul 16, 2025 16:09:29
Kinder Morgan, Inc. has approved a cash dividend of $0.2925 per share for the first quarter of 2025, marking a 2% increase from the same period in 2024. The company reported a net income of $717 million, a decrease from $746 million in the first quarter of 2024, while adjusted net income increased by 1% to $766 million. Adjusted EBITDA also rose by 1% to $2,157 million. The company added $900 million to its project backlog, which now stands at $8.8 billion, primarily driven by natural gas projects. Additionally, Kinder Morgan completed a $640 million acquisition of Outrigger Energy II’s gathering and processing system, supported by long-term contracts with major customers in the Bakken region.
Conversely, the Products Pipelines business segment experienced a decline in contributions due to a planned turnaround at a condensate processing facility and lower commodity prices. The company noted that natural gas gathering volumes fell by 6% compared to the first quarter of 2024, mainly due to performance issues in the Haynesville gathering system. Furthermore, while the company maintains a healthy balance sheet with a Net Debt-to-Adjusted EBITDA ratio of 4.1 times, there are concerns regarding the impact of tariffs on project economics. Despite these challenges, Kinder Morgan's management remains optimistic about the future, citing favorable market conditions for natural gas.
linkApr 16, 2025 16:13:09
Kinder Morgan, Inc. reported a fourth quarter earnings per share (EPS) of $0.30, reflecting an 11% increase from the same quarter in 2023, with an adjusted EPS of $0.32, up 14%. The company declared a cash dividend of $0.2875 per share, a 2% increase year-over-year. Net income attributable to Kinder Morgan reached $667 million, up from $594 million in Q4 2023, and adjusted EBITDA rose 7% to $2,063 million. The company announced the $1.7 billion Trident Intrastate Pipeline Project, expected to enhance capacity significantly in the near future, and reported a project backlog of $8.1 billion, a nearly 60% increase from the previous quarter, largely driven by natural gas projects.
On the downside, the company's natural gas gathering volumes decreased by 7% compared to the fourth quarter of 2023, primarily due to lower commodity prices. While contributions from its Natural Gas Pipelines, Products Pipelines, and Terminals segments improved, the CO2 business segment saw a decline in earnings attributed to asset divestitures and reduced volumes. Additionally, natural gas transport volumes remained flat compared to last year, indicating potential challenges in volume growth despite increased financial performance in other areas.
linkJan 22, 2025 16:09:08
Kinder Morgan, Inc. reported a strong third quarter for 2024, with a 17% increase in earnings per share compared to the same period last year. The company declared a cash dividend of $0.2875 per share, reflecting a 2% increase from the previous year. Financial performance was bolstered by contributions from their Natural Gas Pipelines and Terminals segments, alongside a solid operational cash flow of $1.2 billion. The company has also made significant progress on capital projects, including a $455 million expansion of the Gulf Coast Express Pipeline, highlighting their commitment to meeting rising natural gas demand.
However, the company anticipates being slightly below budget for adjusted earnings and EBITDA due to lower commodity prices and delays in starting renewable natural gas facilities. Despite these challenges, Kinder Morgan expects a positive outlook for the year with a projected increase in net income and dividends. The company remains focused on lower-carbon energy investments, with a significant portion of their project backlog dedicated to this area, indicating a strategic shift towards more sustainable energy solutions.
linkOct 16, 2024 16:09:32
Kinder Morgan, Inc. reports flat earnings per share compared to Q2 2023, with a 4% increase in adjusted earnings per share. The company approved a cash dividend increase and highlighted strong operational and financial performance. CEO anticipates growth in natural gas demand and discusses successful projects. The company forecasts higher net income, dividends, and adjusted EBITDA for 2024, with a focus on lower-carbon energy investments. Business segments show positive performance in natural gas pipelines, products pipelines, and terminals. Overall, Kinder Morgan maintains a strong financial position and optimistic outlook for the future.
linkJul 17, 2024 16:16:03
Kinder Morgan's Q1 2024 shows a 10% increase in earnings per share, with a cash dividend increase of 2% compared to Q1 2023. The company's net income rose to $746 million. CEO highlights growth in Natural Gas Pipelines segment and a robust project backlog focusing on lower-carbon energy investments. Forecast for 2024 projects increased net income and dividends. Despite low natural gas prices, the company maintains strong financial performance. Strategic investments in energy transition and stable financial position are emphasized.
linkApr 17, 2024 16:09:49
Kinder Morgan reported a 2% dividend increase for Q4 2023, despite a 10% decrease in EPS and 4% decrease in DCF compared to Q4 2022. The company's net income and DCF also decreased. However, they raised their 2024 financial guidance, including an acquisition, with a projected 15% increase in EPS and 8% increase in DCF compared to 2023. The company emphasized its strong balance sheet and disciplined capital allocation, along with investments in energy transition projects.
linkJan 17, 2024 16:16:45