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Kinder Morgan Inc - KMI STOCK NEWS

Welcome to our dedicated news page for Kinder Morgan (Ticker: KMI), a resource for investors and traders seeking the latest updates and insights on Kinder Morgan.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kinder Morgan's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kinder Morgan's position in the market.

Rhea-AI Summary
Kinder Morgan, Inc. is acquiring NextEra Energy Partner's South Texas assets, STX Midstream, for $1.815 billion. The acquisition includes a pipeline system with 4.9 billion cubic feet per day of transport capacity, connecting the Eagle Ford basin to Mexico and Gulf Coast demand markets. The assets are highly contracted, with an average contract length of over 8 years.
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-0.72%
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Rhea-AI Summary
Kinder Morgan approves cash dividend increase and reports Q3 earnings
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-0.76%
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Rhea-AI Summary
Kinder Morgan, Inc. (NYSE: KMI) to release Q3 2023 earnings results on October 18, 2023.
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0.18%
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Rhea-AI Summary
Kinder Morgan, Inc. (NYSE: KMI) announces a 2.6% decrease in operational Scope 1 emissions and continued efforts to reduce methane emissions. The company invests in renewable diesel and natural gas projects, aligning with its commitment to lower carbon initiatives. The 2022 ESG Report also includes new disclosures related to greenhouse gas emissions, climate lobbying, and diversity metrics.
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0.91%
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Rhea-AI Summary
Kinder Morgan, Inc. (NYSE: KMI) reported second quarter net income of $586 million, a 2% increase in dividends, and a healthy balance sheet. The company's adjusted EBITDA and DCF for the quarter were above their 2023 plan. They have also repurchased almost 20 million shares for approximately $330 million this year. The Natural Gas Pipeline and Terminals business segments performed well, while the CO2 business segment saw a decrease in earnings due to lower prices. The company expects to finish 2023 slightly below their plan due to expected lower commodity prices.
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End-of-Day
2.02%
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Rhea-AI Summary
Kinder Morgan, Inc. (NYSE: KMI) will release second quarter 2023 earnings results on July 19, 2023. A live webcast and conference call will be held. Details for accessing the webcast and replay are provided.
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1.68%
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Rhea-AI Summary
ArcLight Capital Partners acquires an additional 12.5% stake in Natural Gas Pipeline Company of America (NGPL) from Brookfield Infrastructure. ArcLight now holds a 37.5% interest, while Brookfield Infrastructure retains 25%. Kinder Morgan continues to operate the pipeline and holds a 37.5% interest.
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-0.38%
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0.93%
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Renewable natural gas developer Casey Holsapple has launched Redtail Renewables, a platform that will develop and operate RNG facilities across the US. Redtail aims to maximize value for feedstock partners and customers through innovative project solutions and strong downstream relationships. The company has secured an equity commitment from Inyarek Partners and plans to expand its team and grow significantly in the next year.
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Kinder Morgan Inc

NYSE:KMI

KMI Rankings

KMI Stock Data

40.24B
1.93B
12.81%
64.35%
2%
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
United States
Houston

About KMI

kinder morgan is the largest energy infrastructure company in north america. we own an interest in or operate approximately 84,000 miles of pipelines and approximately 165 terminals. our pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide (co2) and more. we also store or handle a variety of products and materials at our terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke and steel. we are a market leader in each of our businesses – natural gas pipelines, products pipelines, co2, terminals and kinder morgan canada. we have an unparalleled, large footprint of diversified and strategically located assets that are core to north american energy infrastructure and help deliver needed energy products to high-demand markets. please visit www.kindermorgan.com to learn more about our company.