Welcome to our dedicated page for Kinder Morgan Del news (Ticker: KMI), a resource for investors and traders seeking the latest updates and insights on Kinder Morgan Del stock.
Kinder Morgan Inc. (NYSE: KMI), a leading North American energy infrastructure company, maintains this dedicated news hub for investors and industry stakeholders. Access timely updates on pipeline operations, storage terminal expansions, and strategic initiatives shaping the midstream energy sector.
This resource centralizes KMI's official press releases, earnings reports, and regulatory filings, providing a comprehensive view of corporate developments. Users will find updates on natural gas transportation volumes, refined products logistics, and sustainability efforts across the company's diversified asset network.
The archive includes critical announcements regarding:
• Quarterly financial results and dividend declarations
• Infrastructure acquisitions and joint ventures
• Operational safety milestones and ESG initiatives
• Regulatory compliance updates and capacity expansions
Bookmark this page for direct access to Kinder Morgan's verified corporate communications, eliminating the need to search multiple sources. Check regularly for updates impacting energy market dynamics and KMI's position within critical supply chains.
Kinder Morgan (NYSE: KMI) has released its 2023 Sustainability Report, highlighting progress in key areas:
- 8% reduction in absolute methane emissions from 2021
- 35% female and minority participation in leadership training programs
- Improved board diversity to 31% with the addition of Amy Chronis
The report introduces the new greenhouse gas reduction opportunities working group (GROW), focusing on identifying and evaluating additional GHG emission reduction opportunities. Enhanced disclosures include methane emission measurement technologies, GHG reduction strategy, and supplier diversity practices. New metrics cover employee tenure by gender and hazardous waste management. KMI's COO, James Holland, emphasized the company's commitment to aligning business operations with sustainability and diversity initiatives that add value.
Kinder Morgan (NYSE: KMI) reported its Q2 2024 financial results, including earnings per share (EPS) of $0.26 and distributable cash flow (DCF) per share of $0.49. Net income was $575 million, down from $586 million in Q2 2023, while DCF increased to $1.1 billion. The company announced a cash dividend of $0.2875 per share, a 2% increase from last year, payable on August 15, 2024. Adjusted EPS rose by 4%, and Adjusted EBITDA increased by 3% year-over-year. The company highlighted strong performance in its Natural Gas Pipelines, Products Pipelines, and Terminals segments. KMI reaffirmed its 2024 outlook, expecting $2.7 billion in net income and $5 billion in DCF. Major projects include the South System Expansion 4 Project and Altamont Green River Pipeline, aimed at increasing capacity and meeting growing demand for natural gas. The project backlog increased to $5.2 billion, with 80% devoted to lower-carbon energy investments.
Kinder Morgan (NYSE: KMI) will release its second quarter 2024 earnings results on July 17, 2024, after market close. A live webcast and conference call have been scheduled for that day at 3:30 p.m. CT (4:30 p.m. ET).
The webcast can be accessed via Kinder Morgan's investor relations website, and a listen-only option is available by phone. For those unable to attend the live event, the call will be archived on Kinder Morgan's website, and a replay will be available via phone until August 17, 2024.
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