KMI · KINDER MORGAN, INC.
353 filings
KMI 8-K Current Reports
KINDER MORGAN, INC. - 353 current reports
KMI filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 208 current reports (8-K) between 2016 and 2026.
- 8-K · Jan 20, 2016
- 8-K · Jan 25, 2016
- 8-K · Jan 26, 2016
- 10-K · Feb 16, 2016
- 8-K · Feb 22, 2016
- 8-K · Feb 26, 2016
- 8-K · Mar 7, 2016
- 8-K · Apr 20, 2016
- 10-Q · Apr 22, 2016
- 8-K · May 6, 2016
- 8-K · May 13, 2016
- 8-K · May 13, 2016
- 8-K · Jun 13, 2016
- 8-K · Jul 11, 2016
- 8-K · Jul 20, 2016
- 10-Q · Jul 22, 2016
- 8-K · Aug 8, 2016
- 8-K/A · Aug 19, 2016
- 8-K · Aug 26, 2016
- 8-K · Sep 1, 2016
- 8-K · Oct 19, 2016
- 10-Q · Oct 21, 2016
- 8-K · Nov 16, 2016
- 8-K · Dec 2, 2016
- 8-K · Jan 18, 2017
- 8-K · Jan 23, 2017
- 8-K · Jan 24, 2017
- 10-K · Feb 10, 2017
- 8-K · Feb 13, 2017
- 8-K · Feb 24, 2017
- 8-K · Apr 19, 2017
- 10-Q · Apr 21, 2017
- 8-K · Apr 24, 2017
- 8-K · May 8, 2017
- 8-K · May 10, 2017
- 8-K · May 12, 2017
- 8-K · Jun 2, 2017
- 8-K · Jun 22, 2017
- 8-K · Jul 19, 2017
- 10-Q · Jul 24, 2017
- 8-K · Aug 7, 2017
- 8-K · Aug 9, 2017
- 8-K/A · Aug 25, 2017
- 8-K · Sep 5, 2017
- 8-K · Oct 18, 2017
- 10-Q · Oct 20, 2017
- 8-K · Oct 20, 2017
- 8-K · Nov 14, 2017
- 8-K · Dec 4, 2017
- 8-K · Dec 4, 2017
- 8-K · Jan 17, 2018
- 8-K · Jan 19, 2018
- 10-K · Feb 9, 2018
- 8-K · Feb 12, 2018
- 8-K · Feb 26, 2018
- 8-K · Feb 28, 2018
- 8-K · Apr 9, 2018
- 8-K · Apr 18, 2018
- 10-Q · Apr 24, 2018
- 8-K · May 7, 2018
- 8-K · May 14, 2018
- 8-K · May 29, 2018
- 8-K · Jun 1, 2018
- 8-K · Jul 18, 2018
- 10-Q · Jul 20, 2018
- 8-K/A · Jul 25, 2018
- 8-K · Aug 14, 2018
- 8-K · Aug 31, 2018
- 8-K · Sep 6, 2018
- 8-K · Oct 17, 2018
- 10-Q · Oct 19, 2018
- 8-K · Oct 23, 2018
- 8-K · Nov 8, 2018
- 8-K · Nov 21, 2018
- 8-K · Dec 3, 2018
- 8-K · Jan 16, 2019
- 8-K · Jan 18, 2019
- 8-K · Jan 22, 2019
- 10-K · Feb 8, 2019
- 8-K · Feb 11, 2019
- 8-K · Mar 1, 2019
- 8-K · Apr 17, 2019
- 10-Q · Apr 23, 2019
- 8-K · Apr 26, 2019
- 8-K · May 10, 2019
- 8-K · May 10, 2019
- 8-K · May 13, 2019
- 8-K · May 28, 2019
- 8-K · Jul 17, 2019
- 10-Q · Jul 19, 2019
- 8-K · Jul 19, 2019
- 8-K · Aug 9, 2019
- 8-K · Aug 21, 2019
- 8-K · Aug 30, 2019
- 8-K · Sep 12, 2019
- 8-K · Oct 16, 2019
- 10-Q · Oct 21, 2019
- 8-K · Nov 12, 2019
- 8-K · Dec 9, 2019
- 8-K · Dec 16, 2019
- 8-K · Jan 22, 2020
- 8-K · Jan 27, 2020
- 10-K · Feb 12, 2020
- 8-K · Feb 25, 2020
- 8-K · Mar 2, 2020
- 8-K · Apr 22, 2020
- 10-Q · Apr 29, 2020
- 8-K · May 8, 2020
- 8-K · May 18, 2020
- 8-K · May 18, 2020
- 8-K · Jul 22, 2020
- 10-Q · Jul 27, 2020
- 8-K · Jul 31, 2020
- 8-K · Aug 7, 2020
- 8-K · Sep 1, 2020
- 8-K · Oct 21, 2020
- 10-Q · Oct 23, 2020
- 8-K · Nov 9, 2020
- 8-K · Dec 7, 2020
- 8-K · Dec 14, 2020
- 8-K · Jan 20, 2021
- 8-K · Jan 21, 2021
- 8-K · Jan 26, 2021
- 10-K · Feb 5, 2021
- 8-K · Feb 12, 2021
- 8-K · Feb 22, 2021
- 8-K · Apr 21, 2021
- 10-Q · Apr 23, 2021
- 8-K · May 7, 2021
- 8-K · May 14, 2021
- 8-K · May 24, 2021
- 8-K · Jun 1, 2021
- 8-K · Jun 4, 2021
- 8-K · Jul 21, 2021
- 10-Q · Jul 23, 2021
- 8-K · Aug 4, 2021
- 8-K · Aug 25, 2021
- 8-K · Sep 7, 2021
- 8-K · Oct 20, 2021
- 10-Q · Oct 22, 2021
- 8-K · Nov 1, 2021
- 8-K · Nov 2, 2021
- 8-K · Nov 12, 2021
- 8-K · Dec 6, 2021
- 8-K · Jan 19, 2022
- 8-K · Jan 24, 2022
- 10-K · Feb 7, 2022
- 8-K · Feb 25, 2022
- 8-K · Mar 11, 2022
- 8-K · Apr 20, 2022
- 10-Q · Apr 22, 2022
- 8-K · May 5, 2022
- 8-K · May 17, 2022
- 8-K · May 27, 2022
- 8-K · Jul 20, 2022
- 10-Q · Jul 22, 2022
- 8-K · Jul 26, 2022
- 8-K · Aug 9, 2022
- 8-K · Aug 30, 2022
- 8-K/A · Sep 2, 2022
- 8-K · Sep 16, 2022
- 8-K · Oct 19, 2022
- 10-Q · Oct 21, 2022
- 8-K · Nov 14, 2022
- 8-K · Dec 6, 2022
- 8-K · Dec 20, 2022
- 8-K · Jan 18, 2023
- 8-K · Jan 23, 2023
- 8-K · Jan 24, 2023
- 8-K · Jan 31, 2023
- 10-K · Feb 8, 2023
- 8-K · Feb 17, 2023
- 8-K · Feb 28, 2023
- 8-K · Apr 19, 2023
- 10-Q · Apr 21, 2023
- 8-K · May 5, 2023
- 8-K · May 16, 2023
- 8-K · May 19, 2023
- 8-K · May 26, 2023
- 8-K · Jul 19, 2023
- 8-K/A · Jul 20, 2023
- 10-Q · Jul 21, 2023
- 8-K · Jul 27, 2023
- 8-K · Aug 18, 2023
- 8-K · Sep 1, 2023
- 8-K · Sep 21, 2023
- 8-K · Oct 18, 2023
- 10-Q · Oct 23, 2023
- 8-K · Nov 9, 2023
- 8-K · Dec 5, 2023
- 8-K · Dec 21, 2023
- 8-K · Jan 17, 2024
- 8-K · Jan 22, 2024
- 8-K · Feb 1, 2024
- 10-K · Feb 20, 2024
- 8-K · Feb 26, 2024
- 8-K · Apr 17, 2024
- 10-Q · Apr 19, 2024
- 8-K · Apr 22, 2024
- 8-K · May 8, 2024
- 8-K · May 10, 2024
- 8-K · May 20, 2024
- 8-K · Jul 17, 2024
- 10-Q · Jul 19, 2024
- 8-K · Jul 25, 2024
- 8-K · Jul 31, 2024
- 8-K · Aug 9, 2024
- 8-K · Aug 30, 2024
- 8-K · Oct 16, 2024
- 10-Q · Oct 18, 2024
- 8-K · Nov 8, 2024
- 8-K · Dec 6, 2024
- 8-K · Jan 22, 2025
- 8-K · Jan 28, 2025
- 8-K · Feb 5, 2025
- 10-K · Feb 13, 2025
- 8-K · Feb 27, 2025
- 8-K · Feb 28, 2025
- 8-K · Apr 16, 2025
- 10-Q · Apr 18, 2025
- 8-K · Apr 18, 2025
- 8-K · Apr 25, 2025
- 8-K · May 12, 2025
- 8-K · May 20, 2025
- 8-K · Jun 13, 2025
- 8-K · Jul 16, 2025
- 10-Q · Jul 18, 2025
- 8-K · Aug 7, 2025
- 8-K · Aug 29, 2025
- 8-K · Sep 26, 2025
- 8-K · Oct 22, 2025
- 10-Q · Oct 24, 2025
- 8-K · Nov 7, 2025
- 8-K · Dec 5, 2025
- 8-K · Jan 21, 2026
- 8-K · Jan 29, 2026
- 10-K · Feb 13, 2026
- 8-K · Feb 23, 2026
- 8-K · Apr 22, 2026
- 10-Q · Apr 24, 2026
- 8-K · Apr 27, 2026
- 8-K · May 15, 2026
- 8-K · May 19, 2026
- 8-K · May 28, 2026
- 8-K · Jul 22, 2026
- 10-Q · Jul 24, 2026
- 8-K · Aug 3, 2026
- 8-K · Aug 10, 2026
- 8-K · Sep 4, 2026
- 8-K · Sep 28, 2026
- 8-K · Oct 21, 2026
KINDER MORGAN, INC. 8-K Report, Financial Results (Oct 21, 2026)
Kinder Morgan, Inc. (KMI) reported record-breaking financial results for the third quarter of 2026, showcasing strong performance across its business segments. Net income attributable to KMI surged to $764 million, a significant increase from the prior year, with Adjusted EPS and Adjusted EBITDA also showing robust year-over-year growth of 21% and 9%, respectively. The company highlighted a substantial expansion of its project backlog, reaching $14.4 billion, driven primarily by a record $13.2 billion in natural gas projects, underscoring the strategic importance of its natural gas infrastructure in meeting growing demand from LNG exports, power generation, and industrial expansion. Investors will be encouraged by KMI's commitment to returning capital, as evidenced by the approved cash dividend of $0.2975 per share, a 2% increase from Q3 2025, supported by healthy free cash flow generation. The company also reported a healthy balance sheet with a Net Debt-to-Adjusted EBITDA ratio of 3.5 times, within its targeted range. The strategic investments in new natural gas projects like the Southeast Connector and Permian Link are poised to further enhance KMI's market position and drive future growth.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Sep 28, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K to disclose its upcoming participation in the Wolfe Research Utilities, Midstream & Clean Energy Conference on September 30, 2026. Management will be discussing the company's business and affairs. This provides an opportunity for investors to gain insights into KMI's current strategies and outlook directly from company representatives.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Sep 4, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K report to announce the participation of its representatives at the Barclays Energy-Power Conference on September 9, 2026. This event provides an opportunity for KMI to discuss its business and affairs with investors and analysts. While no material new financial information is being disclosed in this filing itself, the conference presentation is a key venue for understanding the company's current strategic direction and outlook. Investors are encouraged to tune into the live webcast or review the archived presentation, which will be available on KMI's website for 180 days. The presentation is scheduled to begin at 9:45 a.m. Eastern Time on September 9th, offering insights into KMI's operations and potential future developments within the energy sector.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Aug 10, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K to announce the upcoming participation of its representatives at the Citi 2026 Natural Resources Conference, scheduled for August 11-12, 2026. This provides an opportunity for investors and analysts to gain insights into KMI's business and affairs directly from company representatives. The conference participation signals KMI's ongoing engagement with the financial community and its commitment to transparency regarding its operations and strategic outlook.
KINDER MORGAN, INC. 8-K Report, Corporate Update (Aug 3, 2026)
Kinder Morgan, Inc. (KMI) has announced the successful completion of a significant debt offering, raising a total of $1.75 billion through the sale of senior notes. This issuance comprises $1.15 billion in 5.550% Senior Notes due 2036 and $600 million in 6.150% Senior Notes due 2056. The proceeds from this offering are earmarked for general corporate purposes, specifically targeting the repayment of commercial paper and the refinancing of upcoming debt maturities. This strategic move to raise capital through long-term debt demonstrates KMI's proactive approach to managing its balance sheet and ensuring financial flexibility. The specific interest rates and maturity dates indicate a diversification of KMI's debt profile, potentially optimizing its cost of capital and managing interest rate risk. Investors will want to monitor how these new debt obligations impact KMI's leverage ratios and overall financial health, as well as the company's execution of its repayment and refinancing plans.
KINDER MORGAN, INC. 8-K Report, Financial Results (Jul 22, 2026)
Kinder Morgan (KMI) reported record second-quarter 2026 results, with net income attributable to KMI of $867 million (up 21% year over year, or 22% on an EPS basis to $0.39) and Adjusted EBITDA of $2,199 million (up 12%). Adjusted EPS came in at $0.37, up 32%, and Adjusted Net Income rose 33% to $821 million. Management highlighted strong cash generation, with cash flow from operations of about $2.0 billion and free cash flow of about $1.0 billion in the quarter. Net Debt-to-Adjusted EBITDA finished at 3.6x, at the low end of the target range. The board declared a quarterly dividend of $0.2975 per share, a 2% increase over the prior year's second quarter. KMI also raised its 2026 outlook. It now expects Adjusted EBITDA more than 5% above its $8.6 billion budget and Adjusted EPS more than 12% above its $1.36 budget, and it expects to end the year at 3.6x leverage versus the 3.8x budgeted. Growth is driven by natural gas infrastructure: several expansions were placed in service during the quarter, including the Gulf Coast Express expansion and the Cumberland project, and the $9.6 billion project backlog is about 92% natural gas. Management said it can fund virtually all of this backlog internally. Note that the filing is a preliminary earnings release furnished under Item 2.02, and the figures are unaudited. Key risks include regulatory timing for pending projects such as SSE4 and MSX, which depend on FERC certificates expected by the end of July 2026 and on other permits, as well as the proposed Western Gateway joint venture with Phillips 66, which is still subject to definitive agreements. Commodity price exposure in the CO2 and Products segments, along with Middle East conflict effects and tariff or trade changes, also remain relevant. Investors should also weigh the rise in short-term debt to $2.4 billion from $1.2 billion at year-end 2025.
KINDER MORGAN, INC. 8-K Report, Material Agreement (May 28, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K report detailing an amendment and restatement of its revolving credit facility. The primary investor takeaway is the extension of the facility's maturity date by five years, from August 20, 2026, to May 21, 2031. This strategic move significantly enhances KMI's financial flexibility and long-term liquidity, providing a stable funding source for its ongoing operations and future investments. The amendment also substantially increases the availability for swingline loans, offering greater short-term borrowing capacity.
KINDER MORGAN, INC. 8-K Report, Shareholder Vote Results (May 19, 2026)
Kinder Morgan, Inc. (KMI) filed an 8-K on May 19, 2026, detailing the outcomes of its 2026 Annual Meeting of Stockholders held on May 13, 2026. The meeting was well-attended, with a significant majority of KMI’s common stock present or represented by proxy, establishing a quorum. Key resolutions passed include the election of all eleven nominated directors, the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2026, and the approval of executive compensation on an advisory basis. For investors, the overwhelming support for the nominated directors and the ratification of the auditor signal continued confidence in KMI's leadership and financial oversight. The advisory approval of executive compensation also indicates general stockholder alignment with the company's compensation practices. These results suggest a stable governance environment for Kinder Morgan heading into the remainder of 2026.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (May 15, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K disclosing its intention to participate in two upcoming investor conferences: the EIC Annual Energy Infrastructure Investor Conference on May 19, 2026, and the Bernstein Strategic Decisions Conference on May 27, 2026. These engagements provide an opportunity for KMI management to discuss the company's business and affairs directly with investors and analysts. Investors interested in KMI's strategic outlook and operational performance should note these dates. The company will be presenting materials that will be made available on its investor relations website. The Bernstein conference will also feature a live audio webcast, which will be archived for 90 days, offering accessible insights into KMI's forward-looking statements and financial discussions.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Apr 27, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K report to announce its participation in the Barclays Americas Select Conference on May 5, 2026. This event provides an opportunity for KMI representatives to discuss the company's business and affairs with investors and analysts. Investors should note that while this 8-K is being filed to disclose the upcoming conference participation, the information presented during the conference and any accompanying materials will not be considered 'filed' under the Securities Exchange Act of 1934 and will not be incorporated by reference into future SEC filings. This designation is important for understanding the legal implications of the disclosures made during the event. The materials to be used at the conference will be made available on KMI's website by 6:00 a.m. Central Time on April 27, 2026, allowing investors to review them in advance. The live presentation will commence at 9:00 a.m. British Summer Time on May 5, 2026, and will also be accessible via a live audio webcast on KMI's investor relations website. An archived webcast will be available for 365 days, providing flexibility for investors to access the information at their convenience.
KINDER MORGAN, INC. 8-K Report, Financial Results (Apr 22, 2026)
Kinder Morgan (KMI) reported first-quarter 2026 results that beat the prior year across nearly every metric. Net income attributable to KMI rose to $976 million from $717 million (up 36%), EPS was $0.44 (up 38%), and Adjusted EPS was $0.48 (up 41%). Adjusted EBITDA reached $2,539 million, up 18%. Management attributed the strength mainly to the Natural Gas Pipelines segment, which benefited from Winter Storm Fern and extended cold weather, with higher LNG-driven transport volumes on Tennessee Gas Pipeline and strong gathering growth. Free cash flow after capex was $687 million, up 73%, and the Net Debt-to-Adjusted EBITDA ratio improved to 3.6x from 3.8x at year-end 2025. Moody's upgraded the company to Baa1, putting all three major agencies at the equivalent of BBB+. The company also declared a quarterly dividend of $0.2975 per share, a 2% increase, and said it is trending more than 3% ahead of its 2026 budget on Adjusted EBITDA. The filing also covers growth and management changes. KMI agreed to acquire the Monument Pipeline for $505 million in cash, with closing expected in Q2 2026. Its project backlog stands at $10.1 billion, and the largest pending items include the SSE4 and Mississippi Crossing expansions, both with FERC certificate orders expected in July 2026. On the management side, COO James Holland will retire effective September 4, 2026, and Kenneth Grubb, a 35-year company veteran, will succeed him. Most of the quarter's gains came from weather-driven, one-time-like factors, and the company's 2026 guidance does not yet include the Monument acquisition. For investors, the quarter is a clear beat on earnings and cash flow, supported by a fee-based, take-or-pay model and an improving balance sheet. The main points to watch are how much of the Q1 outperformance is weather-driven and not repeatable, whether the expansion backlog converts on schedule, and the operational transition at the COO level.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Feb 23, 2026)
Kinder Morgan, Inc. (KMI) has filed an 8-K report on February 23, 2026, to disclose its participation in upcoming investor meetings. These engagements, scheduled from late February through early March 2026, provide a platform for KMI representatives to discuss the company's business and affairs with investors and analysts. The company will make presentation materials available on its website prior to the first event. Furthermore, KMI will offer a live audio webcast of its presentation at the Raymond James Institutional Investor Conference, which will also be archived on its website for 90 days. Investors should monitor KMI's website for these materials and the webcast for insights into the company's current strategies and outlook.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Jan 29, 2026)
Kinder Morgan, Inc. (KMI) has filed a Current Report (8-K) to announce its upcoming 2026 annual business update presentation. This presentation will be made available on KMI's corporate website by 6:30 a.m. Central Time on Thursday, January 29, 2026. Investors should monitor KMI's website on this date for the release of these important materials. The information being disclosed is primarily for the purpose of providing an update on the company's business and strategic outlook for 2026. While this filing itself does not contain the detailed financial or operational information, it serves as a notification to stakeholders that such an update is imminent. Investors are encouraged to access and review the presentation materials once they are posted to gain insights into KMI's performance, strategy, and future expectations.
KINDER MORGAN, INC. 8-K Report, Financial Results (Jan 21, 2026)
Kinder Morgan (KMI) reported record annual net income and record fourth-quarter and full-year Adjusted EBITDA for 2025. Fourth-quarter GAAP net income attributable to KMI rose to $996 million (EPS $0.45, up 50%), but this was inflated by a $123 million pre-tax gain on the December 31, 2025 sale of its EagleHawk interest. Excluding Certain Items, Adjusted Net Income was $866 million (up 22%) and Adjusted EPS was $0.39 (up 22%). Full-year 2025 GAAP EPS was $1.37 (up 17%) and Adjusted EPS was $1.30 (up 13%). Adjusted EBITDA for Q4 was $2,271 million (up 10%) and for the full year was $8,391 million (up 6%). Management also highlighted solid cash generation, with Q4 cash flow from operations of $1.7 billion (up 12%) and FCF of $0.9 billion (up 18%), and full-year FCF of $2.9 billion, which was down from $3.0 billion in 2024 and did not cover the $2.6 billion in dividends paid, leaving $287 million of FCF after dividends. The Natural Gas Pipelines segment drove results, with a record fourth quarter led by Texas Intrastate, KinderHawk, and Outrigger, and transport volumes up 9%. Management points to LNG feedstock demand (8 Bcf/d under contract, rising to 12 Bcf/d by end-2028) and power-sector and data-center demand as growth drivers. The project backlog stands at $10 billion, with roughly 90% natural gas and about 60% tied to power generation. The company expects a 2026 budget of $3.1 billion GAAP net income (flat), Adjusted EPS of $1.36 (up 5%), Adjusted EBITDA of $8.6 billion (up 2.5%), a 2026 dividend of $1.19 per share (up 2%), and year-end Net Debt-to-Adjusted EBITDA of 3.8x. The Q4 dividend was declared at $0.2925 per share, payable February 17, 2026. For investors, the key takeaways are steady, fee-based growth in the core gas pipeline franchise, an improving credit profile (S&P upgraded to BBB+ in January 2026), and a visible multi-year project pipeline. The headline GAAP growth is flattered by one-time gains, so Adjusted metrics are the better guide to underlying performance. Note that the CO2 segment declined on lower commodity and RIN prices, and that the press release and call are preliminary, with the full annual business update due January 29, 2026.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Dec 5, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K to announce its participation in the upcoming Wells Fargo Energy & Power Symposium on December 9, 2025. Representatives of KMI are scheduled to discuss the company's business and affairs at this event. This filing serves to inform investors and the public about the upcoming discussion and the availability of presentation materials. Investors interested in KMI's strategic outlook and operational updates should note the date and time of the presentation. The company will make presentation materials available on its website prior to the event, and a live audio webcast, along with an archived version, will also be accessible online. This provides an opportunity for stakeholders to gain further insights into KMI's performance and future plans.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Nov 7, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K report announcing its participation in the BofA Global Energy Conference on November 11, 2025. Representatives of KMI will be discussing the company's business and affairs during this conference. Investors should note that presentation materials will be made available on KMI's investor relations website prior to the conference, specifically before 8:00 a.m. Central Time on November 7, 2025. This event provides an opportunity for stakeholders to gain insights into KMI's current operations, strategic outlook, and any potential updates on financial performance or industry trends from management.
KINDER MORGAN, INC. 8-K Report, Financial Results (Oct 22, 2025)
Kinder Morgan (KMI) reported third-quarter 2025 results on October 22, 2025, with GAAP net income attributable to KMI of $628 million, roughly flat versus $625 million a year earlier, and GAAP EPS of $0.28, also flat. Excluding Certain Items, Adjusted Net Income rose 16% to $648 million and Adjusted EPS rose 16% to $0.29. Adjusted EBITDA was $1,991 million, up 6%. Cash flow from operations reached $1.4 billion (up 13%) and FCF after capex was $0.6 billion (up 5%). Net Debt-to-Adjusted EBITDA ended the quarter at 3.9 times, down from 4.0 times at year-end 2024. The board declared a quarterly dividend of $0.2925 per share, a 2% increase year over year. Management emphasized growing natural gas demand driven by LNG exports and power generation. Contracted LNG feedgas commitments are about 8 Bcf/d and are expected to reach nearly 12 Bcf/d by the end of 2028. The project backlog stands at $9.3 billion, about 90% of it natural gas, with the remaining $7.9 billion (excluding CO2 EOR and gathering and processing projects) carrying a first-full-year Project EBITDA multiple of about 5.7 times. KMI expects to exceed its 2025 budget, mainly because of the Outrigger Energy II acquisition, partly offset by weaker D3 RIN prices and volumes. Its 2025 budget calls for Adjusted EBITDA of $8.3 billion and a year-end Net Debt-to-Adjusted EBITDA ratio of 3.8 times, excluding Outrigger. Segment results were mixed: Natural Gas Pipelines and Products Pipelines improved, while CO2 declined on lower oil, CO2 and RIN prices. The filing also flags several growth items. These include the roughly $1.8 billion Trident Intrastate Pipeline, the $1.7 billion Mississippi Crossing project, the approximately $3.5 billion (KM-share about $1.8 billion) SSE4 expansion, and the Western Gateway Pipeline open season launched with Phillips 66 on October 20, 2025. Notably, the 8-K itself is a furnished (non-filed) Item 2.02 report, and the figures are preliminary and unaudited.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Sep 26, 2025)
Kinder Morgan, Inc. (KMI) has filed a Current Report (8-K) on September 25, 2025, disclosing its participation in the Wolfe Utilities, Midstream & Clean Energy Conference on September 30, 2025. This event will provide an opportunity for KMI representatives to discuss the company's business and affairs with investors and industry participants. The company will make materials related to the conference available on its website, and the presentation will be accessible via live audio webcast, with an archived version remaining available for 90 days. Investors seeking further insights into KMI's strategy, operational performance, or outlook should monitor the materials and webcast from this conference. While this 8-K filing itself does not contain new financial results or material strategic announcements, it serves as a notification for an upcoming investor event. The participation in such conferences is a standard practice for publicly traded companies like KMI to engage with the investment community, provide updates, and answer questions. Investors are encouraged to review the webcast and accompanying materials for the latest information directly from KMI management.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Aug 29, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K report announcing its participation in the Barclays Energy-Power Conference on September 3, 2025. Management will be presenting and discussing the company's business and affairs. Investors interested in KMI's current strategy, operational performance, and future outlook should pay close attention to this presentation. The presentation will be accessible via live audio webcast on KMI's investor relations website, with both live and on-demand access available for 180 days. This provides a valuable opportunity for shareholders and potential investors to gain direct insights from company representatives without needing to attend the conference in person. The company has also made presentation materials available on its website.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Aug 7, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K report to disclose its upcoming participation in the Citi 2025 Natural Resources Conference on August 12-13, 2025. The company's representatives will use this platform to discuss its business and affairs. Investors should note that materials intended for use during this conference will be made available on KMI's investor relations website prior to the event, specifically before 8:00 a.m. Central Time on August 7, 2025. This announcement serves as a notice to investors regarding the timing of updated corporate information that will be presented. While the 8-K itself contains no new financial data, it directs stakeholders to an upcoming event where discussions about KMI's business strategy, operational performance, and outlook are expected. Investors are encouraged to review the materials on KMI's website once they are released to gain insights into the company's current perspectives.
KINDER MORGAN, INC. 8-K Report, Financial Results (Jul 16, 2025)
Kinder Morgan (KMI) reported strong second-quarter 2025 results, with net income attributable to KMI of $715 million, up 24% from $575 million in Q2 2024, and Adjusted Net Income of $619 million, up 13%. Adjusted EPS rose 12% to $0.28 and reported EPS rose 23% to $0.32. Adjusted EBITDA reached a record $1,972 million, up 6% year over year. Cash flow from operations was $1.6 billion and free cash flow was $1.0 billion for the quarter, while Net Debt-to-Adjusted EBITDA held at 4.0x. Management highlighted growth in natural gas and LNG demand, with the Natural Gas Pipelines and Terminals segments contributing more than in the prior-year period. Products Pipelines and CO2 segments were weaker, pressured by lower commodity prices and the expiration of legacy contracts ahead of the Double H conversion. The project backlog rose 6% sequentially to $9.3 billion, net of about $750 million placed in service, and about 93% of it is natural gas related. Management expects the remaining $7.6 billion of backlog to carry a first-full-year Project EBITDA multiple of roughly 5.6x. Several large expansions were announced or advanced, including the $3.5 billion SNG South System Expansion 4 and the $1.7 billion Mississippi Crossing project, both filed with FERC on June 30, 2025, along with the Trident expansion to 2.0 Bcf/d. Management also flagged tariffs as a manageable cost issue, estimating roughly a 1% impact on projects with domestic steel sourcing, and noted tax benefits from the recently passed budget reconciliation bill. For 2025, KMI reiterated budgeted net income of $2.8 billion, Adjusted EPS of $1.27, and Adjusted EBITDA of $8.3 billion, and expects to exceed budget by at least the contribution from the Outrigger Energy II acquisition. The quarterly dividend was set at $0.2925 per share ($1.17 annualized), a 2% increase, and the rating agencies' positive outlooks from Moody's and S&P support the company's investment-grade profile. Investors should note that these are preliminary, unaudited results, and that the non-GAAP figures are adjusted for Certain Items such as derivative fair value changes, which swung $(95) million in the quarter.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Jun 13, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K report to disclose its planned participation in the Barclays Global Infrastructure Conference on June 17, 2025. This event provides an opportunity for KMI representatives to discuss the company's business and affairs with investors and industry participants. While this filing itself does not contain new financial results or material strategic announcements, it serves as a notice for investors to anticipate potential updates and insights from the upcoming conference. Investors should monitor the materials made available by KMI on their website in conjunction with the conference presentation. These materials will likely offer a deeper dive into the company's operational performance, strategic outlook, and financial positioning within the energy infrastructure sector. The participation in such conferences underscores KMI's commitment to transparent communication and engagement with the investment community.
KINDER MORGAN, INC. 8-K Report, Shareholder Vote Results (May 20, 2025)
Kinder Morgan, Inc. (KMI) filed an 8-K on May 20, 2025, detailing the results of its 2025 Annual Meeting of Stockholders held on May 15, 2025. The meeting saw strong participation, with over 1.94 billion shares of common stock present or represented by proxy, ensuring a quorum. Key outcomes include the overwhelming re-election of all eleven director nominees, the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2025, and shareholder approval of executive compensation on an advisory basis. These results indicate broad shareholder support for the company's leadership, auditing firm, and executive compensation structure.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (May 12, 2025)
Kinder Morgan, Inc. (KMI) has filed a Form 8-K to disclose its participation in upcoming investor meetings and conferences. These events, scheduled throughout May 2025, provide an opportunity for KMI representatives to discuss the company's business and affairs with investors. Investors interested in the latest company insights should note the availability of presentation materials and webcast details.
KINDER MORGAN, INC. 8-K Report, Corporate Update (Apr 25, 2025)
Kinder Morgan, Inc. (KMI) has announced a significant debt offering, raising a total of $1.85 billion through the sale of two tranches of senior notes. The offering includes $1.1 billion in 5.150% Senior Notes due 2030 and $750 million in 5.850% Senior Notes due 2035. The proceeds are earmarked for general corporate purposes, specifically to address commercial paper borrowings and upcoming debt maturities. This move indicates proactive financial management by KMI to optimize its capital structure and ensure liquidity. This offering is executed under KMI's existing shelf registration statement, with the notes guaranteed under a cross-guarantee agreement previously filed. Investors should note the specific maturity dates and interest rates for each tranche, as well as the semi-annual interest payment schedule beginning December 1, 2025. The company retains the option to redeem the notes prior to maturity. The filing also confirms the involvement of major investment banks as underwriters and includes standard indemnification clauses.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Apr 18, 2025)
Kinder Morgan, Inc. (KMI) has filed a Current Report (8-K) on April 17, 2025, disclosing plans to release an updated investor presentation on April 21, 2025. This filing is primarily for informational purposes under Regulation FD, indicating that the company will be sharing new information with investors through publicly accessible materials on its website. Investors should monitor KMI's website for these updated materials, which are likely to contain key financial, operational, or strategic updates.
KINDER MORGAN, INC. 8-K Report, Financial Results (Apr 16, 2025)
Kinder Morgan (KMI) reported preliminary first-quarter 2025 results on April 16, 2025, with net income attributable to KMI of $717 million (down 4% from $746 million) and Adjusted Net Income of $766 million (up 1%). Adjusted EBITDA rose 1% to $2,157 million. Cash flow from operations was $1.2 billion and free cash flow was $396 million after $766 million of capital expenditures, though FCF after dividends was negative $246 million. Net Debt-to-Adjusted EBITDA ended the quarter at 4.1 times, up from 4.0 times at year-end 2024, as net debt rose to $32.8 billion, driven partly by a $640 million acquisition and higher short-term debt. The board approved a quarterly dividend of $0.2925 per share ($1.17 annualized), a 2% increase, payable May 15, 2025. Management reiterated 2025 guidance of $2.8 billion in net income, $1.27 Adjusted EPS, and $8.3 billion in Adjusted EBITDA, excluding the Outrigger acquisition, which management expects will add at least some incremental contribution. Management highlighted a project backlog of $8.8 billion (up about 8% sequentially), roughly 91% natural gas, and tariff exposure it considers manageable, with less than 10% of steel for major projects exposed. Segment performance was mixed: Natural Gas Pipelines and Terminals improved, CO2 benefited from higher RNG volumes, and Products Pipelines declined due to a planned ten-year turnaround at its condensate processing facility. Management also announced leadership succession: President Tom Martin will retire effective January 31, 2026, and Dax Sanders will become President after serving as Executive Vice President from August 1, 2025.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Feb 28, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K to announce its participation in several upcoming investor conferences in early March 2025. Representatives from KMI will be engaging with investors at the Raymond James Institutional Investor Conference, the Morgan Stanley Energy & Power Conference, and the Barclays Investment Grade Energy & Pipeline Corporate Access Day. These events present an opportunity for KMI management to discuss the company's business and affairs with the investment community. Materials to be used during these presentations will be made available on KMI's website on February 28, 2025, prior to the first conference. Investors interested in KMI's strategic outlook, financial performance, and operational updates should monitor these releases and the webcast of the Raymond James conference. The live webcast and an archived version will be accessible on KMI's investor relations website, providing a valuable resource for shareholders and potential investors.
KINDER MORGAN, INC. 8-K Report, Executive Changes (Feb 27, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K report disclosing a change in its Board of Directors. Deborah Macdonald has informed the company of her intention to retire from the Board at the conclusion of her current term, which coincides with the 2025 annual meeting of stockholders scheduled for May. Importantly, her decision is stated as not being a result of any disagreements with the company, which is a positive signal for investor confidence regarding internal stability.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Feb 5, 2025)
Kinder Morgan, Inc. (KMI) has filed a Current Report (8-K) on February 4, 2025, to disclose information regarding its upcoming 2025 annual business update presentation. The presentation materials are scheduled to be made available on KMI's investor relations website by 6:30 a.m. Central Time on Wednesday, February 5, 2025. This filing serves as a notification to investors that forward-looking details and strategic insights will be provided through this presentation. While this 8-K filing itself does not contain detailed financial results or significant operational updates, it signals that investors should anticipate the release of the 2025 annual business update. The presentation is expected to cover the company's performance, strategic initiatives, and outlook for the coming year. Investors are encouraged to review these materials once they are published on KMI's website to gain a comprehensive understanding of the company's direction and future prospects.
KINDER MORGAN, INC. 8-K Report, Bylaw Amendment (Jan 28, 2025)
Kinder Morgan, Inc. (KMI) has filed an 8-K report detailing amendments to its Bylaws, effective immediately as of January 22, 2025. These changes primarily focus on refining procedural mechanics and informational requirements related to stockholder actions, particularly director nominations and proxy solicitations. Key revisions include clarifications to advance notice provisions for director nominations, a new requirement for proxy card colors to distinguish between the Board and stockholder solicitations, and updated details on voting standards for stockholder actions and the effect of abstentions in director elections. The company also removed the annual election requirement for officers by the Board.
KINDER MORGAN, INC. 8-K Report, Financial Results (Jan 22, 2025)
Kinder Morgan (KMI) reported fourth-quarter 2024 preliminary results on January 22, 2025, with GAAP EPS of $0.30 (up 11% year over year) and Adjusted EPS of $0.32 (up 14%). Net income attributable to KMI rose to $667 million from $594 million, and Adjusted EBITDA increased 7% to $2,063 million. Full-year 2024 Adjusted EBITDA was $7,938 million (up 5%), and Net Debt-to-Adjusted EBITDA ended the year at 4.0x, down from 4.2x. Free cash flow after capital expenditures was $738 million for the quarter but only $3,006 million for the full year, and FCF after dividends fell to $449 million for 2024 from $1,645 million in 2023, largely because 2023 benefited from an $843 million customer prepayment. The board declared a $0.2875 quarterly dividend, a 2% increase. Management's main investor message centers on natural gas demand growth from LNG, power generation, and data centers. The project backlog rose nearly 60% to $8.1 billion, with natural gas projects making up about 89% of it. The company announced the $1.7 billion Trident Intrastate Pipeline (in service expected Q1 2027), and expanded the Mississippi Crossing project to a $1.6 billion scope with roughly 1.8 Bcf/d of subscriptions. It also agreed to acquire the Outrigger Energy II gathering and processing system for $640 million, at roughly 8x 2025 EBITDA. For 2025, KMI budgeted Adjusted EBITDA of $8.3 billion (up 4%), net income attributable to KMI of $2.8 billion (up 8%), and Adjusted EPS of $1.27 (up 10%), with a year-end leverage target of 3.8x. These figures exclude the Outrigger acquisition. The budget assumes WTI at $68/bbl and Henry Hub at $3.00/MMBtu. Because the release is preliminary and unaudited, and many figures are non-GAAP, investors should review the full reconciliations and the forward-looking risk disclosures.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Dec 6, 2024)
Kinder Morgan, Inc. (KMI) filed an 8-K report on December 5, 2024, to disclose its upcoming participation in the Wells Fargo Midstream & Utilities Symposium on December 10, 2024. While this filing does not contain new financial results or material operational updates, it signals to investors that management will be presenting on the company's business and affairs. The materials to be used in the presentation will be made available on KMI's investor relations website prior to the event, and the live presentation will be webcast, offering an opportunity for investors to gain insights into management's current perspective. Investors should note that this 8-K is primarily a procedural disclosure to provide access to a future investor event. The key takeaway is the opportunity to hear directly from KMI's representatives at the Wells Fargo symposium. Investors interested in KMI's strategy, outlook, and business segments should tune into the webcast or review the subsequently released presentation materials on December 10th for any potential updates or commentary.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Nov 8, 2024)
Kinder Morgan, Inc. (KMI) has filed an 8-K report to disclose its upcoming participation in the 2024 BofA Global Energy Conference on November 12, 2024. While this filing is primarily for informational purposes under Regulation FD and does not contain new material financial data, it signals ongoing engagement with the investment community. Investors should note that presentation materials will be made available on KMI's website prior to the conference, which may offer insights into the company's strategic outlook, operational performance, and future plans. This event presents an opportunity for KMI to discuss its business and affairs with analysts and investors, potentially addressing key industry trends and the company's position within them.
KINDER MORGAN, INC. 8-K Report, Financial Results (Oct 16, 2024)
Kinder Morgan (KMI) reported preliminary third-quarter 2024 results on October 16, 2024, with GAAP EPS of $0.28 (up 17% year over year) but Adjusted EPS flat at $0.25 and DCF per share flat at $0.49. Net income attributable to KMI rose to $625 million from $532 million, and Adjusted EBITDA grew 2% to $1,880 million. Revenue declined to $3,699 million from $3,907 million, largely because of lower commodity prices in the cost-of-sales line, while operating and maintenance costs rose. The board declared a quarterly dividend of $0.2875 per share ($1.15 annualized), a 2% increase, payable November 15, 2024. Free cash flow after capital expenditures was $592 million, and cash flow from operations was $1.25 billion. Management lowered its full-year 2024 outlook modestly. Adjusted EBITDA is now expected to be about 2% below budget and Adjusted EPS about 4% below budget, mainly due to lower-than-budgeted commodity prices and start-up delays at renewable natural gas (RNG) facilities. Even so, management still expects full-year Adjusted EBITDA to rise about 5% and Adjusted EPS about 9% versus 2023. Year-end leverage is now guided to 4.0x Net Debt-to-Adjusted EBITDA, versus the 3.9x budget, and the company reported 4.1x at September 30, 2024. Growth remains anchored in natural gas infrastructure. The company reached a final investment decision on a roughly $455 million Gulf Coast Express expansion (about $161 million KMI share), with in-service expected mid-2026. Project backlog was $5.1 billion, and the company cited a growing opportunity set of more than 5 Bcf/d of new gas demand from power generation, data centers, and industrial re-shoring. Investors should note that the most important metrics here are non-GAAP, and the headline EPS growth reflects GAAP items rather than underlying operating momentum.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Aug 30, 2024)
Kinder Morgan, Inc. (KMI) has filed an 8-K report on August 29, 2024, to disclose its participation in upcoming investor conferences. Representatives of KMI are scheduled to attend the Barclays CEO Energy-Power Conference on September 4, 2024, and the J.P. Morgan U.S. All Stars Conference on September 18, 2024. These events provide an opportunity for management to discuss the company's business and affairs with investors. Investors interested in KMI's forward-looking discussions and strategic insights should note the dates and the availability of presentation materials on the company's website. A live audio webcast of the Barclays conference presentation will also be accessible, along with an archived version for 180 days. This filing is primarily informational, aimed at ensuring broad dissemination of information as per Regulation FD.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Aug 9, 2024)
Kinder Morgan, Inc. (KMI) has filed a Form 8-K to disclose its participation in the 2024 Citi One-on-One Midstream & New Energy Infrastructure Conference. This event, scheduled for August 13-14, 2024, will provide a platform for KMI representatives to discuss the company's business and affairs. Investors should note that materials used during these discussions will be made available on KMI's website prior to the conference, specifically before 8:00 a.m. Central Time on August 9, 2024. This filing primarily serves to inform stakeholders about KMI's engagement in a significant industry conference. While no specific financial results or material operational updates are provided within the 8-K itself, the accompanying presentation materials, when released, may contain forward-looking statements and insights into KMI's strategy, performance, and outlook within the midstream and new energy infrastructure sectors. Investors are encouraged to review these forthcoming materials for a more comprehensive understanding.
KINDER MORGAN, INC. 8-K Report, Executive Changes (Jul 31, 2024)
Kinder Morgan, Inc. (KMI) filed an 8-K on July 30, 2024, to announce the upcoming retirement of a Board of Directors member, Joel V. Staff, effective August 1, 2024. This departure is amicable and not attributed to any disagreements with the company's management or operations. Investors should note that this is a routine board refreshment event and does not appear to signal any significant operational or strategic shifts within Kinder Morgan.
KINDER MORGAN, INC. 8-K Report, Corporate Update (Jul 25, 2024)
Kinder Morgan, Inc. (KMI) has announced the successful completion of a significant debt offering, raising a total of $1.25 billion through the issuance of two tranches of senior notes. Specifically, KMI sold $500 million of 5.100% Senior Notes due 2029 and $750 million of 5.950% Senior Notes due 2054. This offering, conducted under a shelf registration statement, diversifies KMI's debt maturity profile and provides substantial capital for general corporate purposes. The proceeds are earmarked for repaying existing commercial paper and refinancing upcoming debt maturities, which is a positive step towards managing its financial obligations and maintaining liquidity.
KINDER MORGAN, INC. 8-K Report, Financial Results (Jul 17, 2024)
Kinder Morgan (KMI) reported preliminary second quarter 2024 results that were essentially flat on headline earnings but improved on cash-flow and adjusted measures. GAAP EPS was $0.26, flat year over year, and net income attributable to KMI was $575 million versus $586 million. Adjusted EBITDA rose 3% to $1.858 billion, adjusted EPS rose 4% to $0.25, and DCF per share rose 2% to $0.49, with DCF of $1.100 billion. The board approved a quarterly dividend of $0.2875 per share ($1.15 annualized), up 2% from the year-earlier quarter, payable August 15, 2024. Management reiterated its 2024 budget, targeting net income attributable to KMI of $2.7 billion ($1.22 per share), DCF of $5 billion ($2.26 per share), and Adjusted EBITDA of $8.16 billion. Management said results should land roughly in line with budget, within 1-2% below, as lower commodity prices, winter weather, RNG start-up delays and lower gathering volumes are largely offset by stronger transport and storage, Terminals and lower pension costs. Net Debt-to-Adjusted EBITDA was 4.1x at June 30, 2024, versus 4.2x at year-end 2023, with a year-end 2024 target of 3.9x. Project backlog rose to $5.2 billion from $3.3 billion in the prior quarter, led by the approximately $3 billion South System Expansion 4 project. The main operational weak spot was the CO2 segment, where Adjusted Segment EBDA fell to $164 million from $175 million, driven by lower crude, CO2 and NGL volumes. Free cash flow was $1.106 billion for the quarter, but FCF after dividends was $465 million, up from $378 million a year earlier. Note that this is a press release furnished under Item 2.02 and reports preliminary, unaudited results, and that many headline figures are non-GAAP.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (May 20, 2024)
Kinder Morgan, Inc. (KMI) has filed an 8-K report to disclose its participation in upcoming investor conferences. The company's representatives are scheduled to engage with investors at the EIC Annual Energy Infrastructure Investor Conference on May 22, 2024, the UBS Asian Investment Conference on May 28, 2024, and the Bernstein Strategic Decisions Conference on May 29, 2024. These engagements are opportunities for KMI to discuss its business and affairs with the investment community. Investors seeking further details should note that presentation materials to be used during these events will be made available on KMI's investor website prior to 8:00 a.m. Central Time on May 20, 2024. This proactive disclosure allows interested parties to review the information shared at these conferences, providing insights into the company's strategic discussions and operational outlook.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (May 10, 2024)
Kinder Morgan, Inc. (KMI) has filed a Form 8-K to announce its participation in the TPH&Co. Hotter ’N Hell Energy Conference on May 14, 2024. Representatives of KMI will be present to discuss the company's business and affairs. While this filing does not contain material financial results or significant operational updates, it signals ongoing investor engagement and the company's commitment to communicating with the market. Investors should note that the presentation materials for this conference will be made available on KMI's website. This provides an opportunity for shareholders and potential investors to gain further insights into the company's strategy, outlook, and any potential developments discussed during the conference. The filing itself is primarily a procedural disclosure regarding the upcoming event.
KINDER MORGAN, INC. 8-K Report, Shareholder Vote Results (May 8, 2024)
Kinder Morgan, Inc. (KMI) filed an 8-K on May 8, 2024, reporting the results of its 2024 Annual Meeting of Stockholders held on May 7, 2024. The key outcomes include the overwhelmingly successful election of all thirteen director nominees and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024. Additionally, stockholders approved, on an advisory basis, the executive compensation package and affirmed an annual frequency for future advisory votes on executive compensation. Notably, a significant stockholder proposal to establish a greenhouse gas emission reduction target did not receive majority support from KMI shareholders.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Apr 22, 2024)
Kinder Morgan, Inc. (KMI) has filed an 8-K report on April 22, 2024, primarily to disclose its intention to update its investor presentation. This updated presentation will be made available on KMI's website by 6:00 a.m. Central Time on April 24, 2024. Investors are advised to check the company's website for these new materials, which may contain forward-looking information and details relevant to the company's strategic outlook and financial performance. This filing serves as a preemptive notification of material that will be publicly accessible shortly.
KINDER MORGAN, INC. 8-K Report, Financial Results (Apr 17, 2024)
Kinder Morgan (KMI) reported preliminary first-quarter 2024 results on April 17, 2024, with GAAP net income attributable to KMI of $746 million (vs. $679 million in Q1 2023), up 10%, and basic and diluted EPS of $0.33, up 10%. Adjusted EPS rose 13% to $0.34 and Adjusted EBITDA rose 7% to $2.14 billion. Distributable cash flow (DCF) was $1.42 billion, or $0.64 per share, up 5%. Cash flow from operations was $1.2 billion and free cash flow after capital expenditures was $570 million, though FCF after dividends was negative $61 million for the quarter. The board approved a quarterly dividend of $0.2875 per share ($1.15 annualized), a 2% increase, payable May 15, 2024. The quarter was driven by higher Natural Gas Pipelines margins (storage and gathering volumes, with gathering up 17%, partly from the STX Midstream acquisition), higher Products Pipelines rates, and better Terminals results. CO2 segment earnings declined on lower net CO2 sales volumes (down 7%). Management reiterated full-year 2024 budget guidance of $2.7 billion net income attributable to KMI ($1.22 per share), $5.0 billion DCF ($2.26 per share), and $8.16 billion Adjusted EBITDA, even though natural gas prices are expected to run well below budget. Balance sheet and strategy updates include a revised long-term leverage target of 3.5x to 4.5x Net Debt-to-Adjusted EBITDA (previously around 4.5x), a current ratio of 4.1x, and a year-end 2024 target of 3.9x. Management said the project backlog grew to $3.3 billion, with nearly 80% devoted to lower-carbon investments, and that the Biden administration's LNG export pause is unlikely to affect planned projects. Note that these results are preliminary, and the filing contains non-GAAP measures that should be read alongside GAAP figures.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Feb 26, 2024)
Kinder Morgan, Inc. (KMI) has filed an 8-K report primarily disclosing its upcoming participation in several significant investor conferences throughout late February and early March 2024. These events provide KMI management, including the Vice President and Chief Financial Officer, an opportunity to discuss the company's business and affairs with investors and analysts. The company will make presentation materials available on its website prior to these events, allowing investors to review key information in advance. The disclosure indicates that KMI is actively engaging with the investment community to communicate its strategy and financial performance. The webcast of the Raymond James Institutional Investor Conference presentation will be available live and on-demand, offering broad accessibility to KMI's updates. Investors should monitor these presentations for any new insights into KMI's operational performance, strategic outlook, and capital allocation plans.
KINDER MORGAN, INC. 8-K Report, Corporate Update (Feb 1, 2024)
Kinder Morgan, Inc. (KMI) announced on January 31, 2024, that it entered into an underwriting agreement to issue $2.25 billion in aggregate principal amount of senior notes. This offering includes $1.25 billion of 5.000% Senior Notes due 2029 and $1.00 billion of 5.400% Senior Notes due 2034. The company intends to use the proceeds from this debt issuance for general corporate purposes, specifically mentioning the repayment of commercial paper borrowings and the refinancing of upcoming debt maturities. This move indicates proactive debt management by KMI, aiming to strengthen its balance sheet and ensure financial flexibility. Investors should note the coupon rates and maturity dates of the new notes, as well as the company's stated use of proceeds, which aligns with typical corporate finance strategies for managing liquidity and debt obligations.
KINDER MORGAN, INC. 8-K Report, Regulation FD Disclosure (Jan 22, 2024)
Kinder Morgan, Inc. (KMI) has filed an 8-K report announcing its upcoming 2024 Investor Day event scheduled for January 24, 2024. Representatives of KMI will present on the company's strategy, long-term outlook, fiscal year 2023 results, and the financial budget for 2024. This event provides a key opportunity for investors to gain detailed insights into KMI's forward-looking plans and recent performance. Investors can access presentation materials and an audio webcast of the event, including live and on-demand options, through KMI's website. The webcast will be archived for at least 90 days, ensuring accessibility for those unable to attend the live session. The CFO, David P. Michels, has signed off on this disclosure, underscoring the importance of the upcoming investor presentations.
KINDER MORGAN, INC. 8-K Report, Financial Results (Jan 17, 2024)
Kinder Morgan (KMI) reported preliminary fourth-quarter 2023 results with mixed year-over-year performance. Q4 net income attributable to KMI was $594 million versus $670 million a year earlier, EPS fell 10% to $0.27, and DCF per share declined 4% to $0.52. Management attributes the decline mainly to higher interest expense, which was anticipated in the 2023 budget, along with somewhat weaker commodity prices. For full-year 2023, Adjusted EBITDA rose 1% to $7.56 billion, DCF was $4.72 billion (down from $4.97 billion), and Net Debt-to-Adjusted EBITDA ended at 4.2x, flat against the prior year-end despite the $1.8 billion STX Midstream acquisition and about $522 million of share repurchases. The quarter's results were supported by a $843 million customer prepayment of fixed reservation charges recorded as cash flow from operations. Full-year 2023 cash flow from operations was $6.49 billion, FCF was $4.17 billion, and FCF after dividends was $1.65 billion. Without that one-time-like prepayment, underlying cash generation would look weaker, so investors should treat the working-capital contribution with caution. For 2024, KMI revised its budget to include STX Midstream, targeting EPS of $1.22 (up 15%), DCF per share of $2.26 (up 8%), and Adjusted EBITDA of $8.16 billion, with year-end leverage of 3.9x. The board declared a quarterly dividend of $0.2825 per share ($1.13 annualized, up 2%), and the 2024 dividend expectation of $1.15 per share was unchanged. Budget figures assume WTI at $82/bbl and Henry Hub at $3.50/MMBtu; management notes that at current lower prices ($72 WTI, $2.80 gas) EPS would still grow about 12%. These are non-GAAP and forward-looking figures that depend on execution and commodity markets.
KINDER MORGAN, INC. 8-K Report, Executive Changes (Dec 21, 2023)
Kinder Morgan, Inc. (KMI) filed an 8-K on December 21, 2023, announcing a change in its Board of Directors. Ronald Kuehn, a member of the Board, has notified the company that he will retire at the end of his current term and will not seek re-election at the 2024 annual meeting of stockholders. This decision is amicable and not a result of any disagreements with the company, ensuring a smooth transition. This announcement is primarily administrative, confirming Mr. Kuehn's planned departure. Investors should note that his retirement is not indicative of any underlying issues or performance concerns within Kinder Morgan. The company is proceeding with its regular governance processes, with Mr. Kuehn's term expiring as scheduled, allowing for the election of a new director at the upcoming annual meeting.