Summary
Kinder Morgan, Inc. (KMI) filed an 8-K on July 20, 2016, primarily to furnish a press release announcing its financial results for the quarter ended June 30, 2016. This press release, which is included as Exhibit 99.1, would contain the key financial performance metrics for the period. The filing also disclosed that KMI updated its website with a revised presentation from its January 2016 Analyst Conference, focusing on clarifying non-GAAP financial measures. These updates, while not changing any quantitative data, aimed to enhance investor understanding of these metrics. While the 8-K itself doesn't provide the detailed financial numbers, it directs investors to the accompanying press release for the specifics of the second-quarter 2016 performance. Investors should review Exhibit 99.1 for details on revenue, earnings, cash flow, and any management commentary on operational performance and future outlook. The clarification of non-GAAP measures suggests a focus on transparency and compliance with SEC guidance.
Key Highlights
- 1KMI filed an 8-K on July 20, 2016, reporting on its Q2 2016 financial results.
- 2The core of the filing is the press release (Exhibit 99.1) detailing the financial performance for the quarter ending June 30, 2016.
- 3KMI announced it would hold a webcast conference call on July 20, 2016, to discuss the Q2 results.
- 4The company updated a previously issued analyst presentation on its website to provide clarifications on non-GAAP financial measures.
- 5These updates to the analyst presentation did not involve any changes to quantitative information, only descriptive clarifications.
- 6The filing emphasizes that the information furnished under Item 2.02 and Item 7.01 is not considered 'filed' for certain SEC purposes.