Kinder Morgan Inc Del Stock Price, News & Analysis

EnerCom, Inc. and Colorado School of Mines will host The Energy Venture Investment Summit on February 16-17, 2022, in Golden, Colorado. The event features over 30 companies focusing on themes such as carbon capture, hydrogen production, and solar technology. Notable keynote speakers include Siggi Meissner from Nabors Industries and Morgan Bazilian from the Payne Institute. The summit aims to connect qualified investors with presenting companies during networking events and scheduled one-on-one meetings. Registration is free for qualified investors.

Kinder Morgan, Inc. (KMI) will host its 2022 Investor Day on January 26, 2022, in Houston, Texas, to discuss fiscal year 2021 results and the outlook for 2022 and beyond. Presentations will be accessible via KMI's website, including a live audio webcast starting at 8 a.m. CT. The company operates 83,000 miles of pipelines and 143 terminals, providing vital energy transportation and storage services across North America.

Kinder Morgan, Inc. (NYSE: KMI) has announced a cash dividend of $0.27 per share for Q4 2021, marking a 3% increase from Q4 2020, payable on February 15, 2022. The company reported Q4 net income of $637 million versus $607 million year-over-year, with distributable cash flow (DCF) down to $1,093 million. For 2022, KMI anticipates a net income of $2.5 billion and total DCF of $4.7 billion, while maintaining a healthy balance sheet and investing in low-carbon opportunities.

Kinder Morgan, Inc. (NYSE: KMI) will release its fourth quarter 2021 earnings results on January 19, 2022, after market close. The earnings webcast will be held at 3:30 p.m. CT (4:30 p.m. ET) on the same day. Interested parties can tune in via the company's web portal or by phone. The call will be archived for later viewing until February 19, 2022. Kinder Morgan is a leading energy infrastructure company in North America, operating approximately 83,000 miles of pipelines and 144 terminals, focusing on safe energy transportation and storage.

Kinder Morgan, Inc. (NYSE: KMI) announced that its subsidiary, Tennessee Gas Pipeline (TGP), is the first to propose a responsibly sourced natural gas (RSG) supply aggregation pooling service with the Federal Energy Regulatory Commission (FERC). This service aims to facilitate the purchase and sale of certified RSG, enhancing the company's commitment to a lower-carbon future. The initiative is expected to be operational in Q1 2022, pending regulatory approval, and is designed to attract customers such as utilities and LNG facilities.

Kinder Morgan (NYSE: KMI) announced strong preliminary projections for 2022, projecting net income of $1.09 per share, a 43% increase from 2021, and distributable cash flow (DCF) of $2.07 per share, reflecting a 13% decline from 2021. The company anticipates $750 million for share repurchases and a $1.11 per share dividend. Adjusted EBITDA is projected at $7.2 billion. Kinder Morgan expects to end 2022 with a Net Debt-to-Adjusted EBITDA ratio of 4.3 times, better than previous targets. The growth is driven by robust market fundamentals and strategic acquisitions.

Palantir Technologies Inc. (NYSE: PLTR) and Kinder Morgan, Inc. (NYSE: KMI) have formed a multi-year partnership to utilize Palantir's Foundry platform in Kinder Morgan's gas storage operations. This collaboration aims to enhance efficiency and safety by providing real-time data access across various operational aspects. Foundry will integrate data from numerous sources, assisting Kinder Morgan in optimizing its operations. Palantir emphasizes that Foundry addresses complex data integration challenges, helping the energy sector maintain safety and reliability.

Kinder Morgan, Inc. (NYSE: KMI) published its 2020 Environmental, Social and Governance (ESG) report, marking the first inclusion of company-wide Scope 1 and Scope 2 greenhouse gas (GHG) emissions data. The report, fulfilling a prior commitment, reveals a methane emission intensity rate of 0.04%, outperforming its 2025 target of 0.31%. Furthermore, KMI is investing in renewable energy to enhance its climate change strategy and has initiated pilot projects for responsibly sourced natural gas in Colorado and the Northeast U.S.

Kinder Morgan, Inc. (NYSE: KMI) has declared a cash dividend of $0.27 per share for Q3 2021, reflecting a 3% increase year-over-year. The dividend, annualizing to $1.08, will be payable on November 15, 2021. The company reported a net income of $495 million for the quarter, compared to $455 million in Q3 2020, alongside distributable cash flow (DCF) of $1,013 million. Despite a slight drop in DCF per share, Kinder Morgan maintains strong financial performance, emphasizing its commitment to shareholder returns, debt management, and strategic growth in low-carbon initiatives.