Kinder Morgan Inc Del Stock Price, News & Analysis

Kinder Morgan (NYSE: KMI) released preliminary 2026 financial expectations on December 8, 2025, forecasting $1.37 Adjusted EPS (up 8% vs. its prior 2025 guidance) and nearly $8.7 billion Adjusted EBITDA (up 4%). The company projects $3.4 billion of discretionary capital spending, an annualized $1.19 dividend for 2026 (ninth consecutive increase), and a year-end Net Debt-to-Adjusted EBITDA ratio of 3.8x, within its 3.5x–4.5x target range. The board will formally review the 2026 budget in January 2026, coinciding with fourth-quarter 2025 earnings on January 21, 2026.

Kinder Morgan (NYSE: KMI) reported third quarter 2025 results with net income attributable to KMI of $628 million versus $625 million a year earlier and Adjusted Net Income of $648 million, up 16% year-over-year. Adjusted EBITDA was $1,991 million, up 6%, and GAAP EPS was $0.28 (flat), while Adjusted EPS was $0.29, up 16%. The board approved a $0.2925 quarterly cash dividend (payable Nov 17, 2025; record Nov 3, 2025), a 2% increase year-over-year.

Cash flow from operations was $1.4 billion, free cash flow after capex $0.6 billion (FCF +5% YoY), and Net Debt-to-Adjusted EBITDA was 3.9x. Backlog totaled $9.3 billion. KMI says it currently moves almost 8 Bcf/d of gas to LNG, rising to almost 12 Bcf/d by end of 2028 upon project completion. Several major pipeline projects include STEP (in service Q2 2028), Trident (Q1 2027), MSX (Q4 2028) and SSE4 phases (Q4 2028 and Q4 2029).

Phillips 66 (NYSE: PSX) and Kinder Morgan (NYSE: KMI) opened a binding open season for the proposed Western Gateway Pipeline, a refined-products pipeline linking Borger, Texas to Phoenix, Arizona with connectivity to California and Las Vegas via Kinder Morgan’s CALNEV pipeline.

The open season runs from 12:00 p.m. CT on October 20, 2025 through 12:00 p.m. CT on December 19, 2025. The project combines a new-build Borger–Phoenix pipeline with Kinder Morgan’s SFPP system (Colton–Phoenix) reversed to allow east‑to‑west flows and a reversal of Phillips 66’s Gold Pipeline to feed Borger. Interested shippers may request information at Westerngateway@p66.com or visit www.westerngatewaypipeline.com.

Kinder Morgan (NYSE: KMI) will release third quarter 2025 earnings on Wednesday, October 22, 2025, after market close and will host a live webcast and conference call.

When: October 22, 2025 at 3:30 p.m. CT / 4:30 p.m. ET. Where: live at http://ir.kindermorgan.com/presentations-webcasts or listen-only by phone at 1-517-319-9306 with passcode 4806694.

If you cannot join live, the webcast will be archived at www.kindermorgan.com. A conference call recording will be available for replay starting one hour after the call until end of day on November 23, 2025 via dial-in 1-203-369-1940 with passcode 65482.

Kinder Morgan (NYSE: KMI), one of North America's largest energy infrastructure companies, has released its 2024 Sustainability Report. The report showcases new initiatives from their greenhouse gas reduction opportunities working group (GROW), including a strategic investment in Flyscan for methane leak detection technology.

The company has enhanced its employee support through a successful pilot mentorship program and increased Kinder Morgan Foundation donations for natural disaster recovery. The report features expanded disclosures on pipeline incidents and energy audits, demonstrating KMI's commitment to transparency and sustainable operations across its 79,000-mile pipeline network, 139 terminals, and 700+ Bcf natural gas storage capacity.

Kinder Morgan (NYSE:KMI) reported strong Q2 2025 financial results, with net income of $715 million, up 24% year-over-year. The company achieved record Adjusted EBITDA of $1.972 billion, a 6% increase from Q2 2024, driven by strong performance in Natural Gas Pipelines and Terminals segments.

Key highlights include a quarterly dividend of $0.2925 per share (2% increase YoY), project backlog growth to $9.3 billion (up 6% from Q1), and $750 million of projects placed in service. The company maintains strong financial health with a Net Debt-to-Adjusted EBITDA ratio of 4.0x and generated $1.6 billion in operating cash flow.

KMI expects to exceed its 2025 budget projections, which include net income of $2.8 billion and Adjusted EBITDA of $8.3 billion, further boosted by the Outrigger Energy II acquisition.

Kinder Morgan (NYSE:KMI) has scheduled its second quarter 2025 earnings release and conference call. The company will announce Q2 2025 results on Wednesday, July 16, 2025, after market close.

The earnings conference call will be held at 4:30 p.m. ET and will be accessible via webcast at ir.kindermorgan.com or by phone. A replay will be available until August 17, 2025, through both the company website and dial-in options.

ArcLight Capital Partners has acquired a 25% interest in Natural Gas Pipeline Company of America (NGPL), increasing its total economic ownership to 62.5%. Kinder Morgan (NYSE: KMI) retains a 37.5% stake and continues to operate NGPL. The pipeline system spans 9,100 miles across nine states, featuring compressor stations with ~1 million horsepower and 288 billion cubic feet of storage capacity. NGPL is strategically positioned to serve growing power demand from AI and data centers, while supporting LNG facilities in Texas and Louisiana. The system provides critical energy infrastructure, connecting major U.S. natural gas basins to key markets. ArcLight brings extensive experience in infrastructure management, having overseen ~65 GW of assets and 47,000 miles of transmission infrastructure worth $80bn in enterprise value since 2001.

Kinder Morgan (KMI) reported first quarter 2025 financial results with net income of $717 million, down from $746 million in Q1 2024. The company approved a quarterly cash dividend of $0.2925 per share ($1.17 annualized), representing a 2% increase from Q1 2024.

Key financial highlights include:

• Adjusted net income of $766 million, up 1% year-over-year
• Adjusted EBITDA of $2,157 million, up 1% versus Q1 2024
• Cash flow from operations of $1.2 billion
• Free cash flow of $0.4 billion after capital expenditures

The company closed a $640 million acquisition of Outrigger Energy II's gathering and processing system and added $900 million to its project backlog, which now stands at $8.8 billion. KMI's 2025 outlook projects net income of $2.8 billion (up 8% vs 2024) and Adjusted EBITDA of $8.3 billion (up 4% vs 2024).