STOCK TITAN

Kinder Morgan Inc Del - KMI STOCK NEWS

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.

Overview

Kinder Morgan Inc. (NYSE: KMI) stands as a cornerstone in North American energy infrastructure, specializing in the transportation and storage of a wide range of energy products. With an extensive network of pipelines and strategically located storage terminals, the company plays a pivotal role in moving natural gas, crude oil, refined petroleum products, carbon dioxide, and other commodities critical to the energy sector. Its operations ensure the efficient and reliable delivery of energy resources across high-demand markets, underscoring its importance in the midstream segment of the energy industry.

Core Business Segments

The company’s operations are broadly categorized into several key segments:

  • Natural Gas Pipelines: Operating an expansive network that transports natural gas to markets across North America, ensuring consistent and safe delivery.
  • Products Pipelines: Facilitating the movement of refined petroleum products and other liquid commodities, which are integral to various downstream operations.
  • Storage Terminals: Providing critical storage services for a diverse portfolio of products, including gasoline, jet fuel, ethanol, and more, ensuring supply reliability and operational flexibility.
  • Carbon Dioxide Handling: Managing CO2 transportation and storage in an environmentally aware framework that supports enhanced oil recovery and other industrial applications.

Operational Excellence and Asset Diversification

Kinder Morgan’s diversified asset base is a key pillar of its operational strategy, reflecting a longstanding commitment to safety, efficiency, and strategic asset location. The company’s network is not only vast but also strategically placed to serve key energy hubs and growing markets. It leverages fee-based contracts for its core operations, providing a stable revenue framework built on long-term relationships with shippers and other industry participants. This diversified operational model mitigates market volatility and supports sustained service delivery.

Industry Position and Competitive Landscape

Recognized for its extensive infrastructure, Kinder Morgan is well-integrated within the broader energy ecosystem. It competes by offering an unparalleled footprint, where its pipelines and terminals provide essential connectivity between resource-rich regions and major consumption centers. In an industry where the reliability of energy transportation is paramount, the company has established a reputation for operational reliability and efficiency. Its approach is grounded in methodical planning, adherence to industry standards, and a focus on meeting the logistical challenges inherent in the energy sector.

Strategic Partnerships and Technological Integration

While maintaining core operational activities, Kinder Morgan also engages in strategic partnerships that leverage complementary expertise and technology. These collaborations aim to enhance operational capabilities, drive innovations in safety protocols, and integrate advanced monitoring systems such as remote sensing and artificial intelligence. By doing so, the company not only improves asset integrity but also supports broader initiatives to detect issues before they escalate, thereby ensuring continuity in operations and the safety of personnel, communities, and the environment.

Commitment to Industry Best Practices

At the heart of Kinder Morgan’s operations is a commitment to industry best practices, including rigorous safety management, regulatory compliance, and continuous process improvement. The company has streamlined its operations through robust fee-based arrangements and strategic asset management practices that ensure high-quality service delivery. This focus on quality and reliability has solidified its standing in the energy infrastructure market over decades, making its network a vital link in the North American energy supply chain.

Investor Insights and Operational Transparency

For investors and industry observers, Kinder Morgan represents a well-established entity with a clear focus on operational efficiency and infrastructure resilience. The company’s transparent business model, reliance on fee-based contracts, and diversified asset portfolio provide valuable insights into its operational dynamics. Such elements underscore the company’s ability to adapt to market demands while maintaining a strong, comprehensive infrastructure that remains critical to North American energy distribution.

Rhea-AI Summary

Kinder Morgan (KMI) reported strong Q4 2024 financial results with EPS of $0.30, up 11%, and Adjusted EPS of $0.32, up 14% compared to Q4 2023. Net income reached $667 million, with Adjusted EBITDA of $2,063 million, up 7% year-over-year.

The company announced the $1.7 billion Trident Intrastate Pipeline Project, a 216-mile pipeline providing 1.5 Bcf/d capacity from Katy to Port Arthur, Texas. The project backlog increased to $8.1 billion, up nearly 60% from Q3 2024.

For 2025, KMI forecasts net income of $2.8 billion (up 8%), Adjusted EPS of $1.27 (up 10%), and Adjusted EBITDA of $8.3 billion (up 4%). The company approved a Q4 dividend of $0.2875 per share, representing a 2% increase over Q4 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
Tags
-
Rhea-AI Summary

Kinder Morgan (NYSE: KMI) has announced its upcoming fourth quarter 2024 earnings release and webcast schedule. The company will release its Q4 2024 earnings results on Wednesday, January 22, 2025, after market close.

The earnings webcast and conference call will be held at 3:30 p.m. CT (4:30 p.m. ET) on the same day. Investors can access the live webcast through the company's investor relations website or join via phone in listen-only mode. For those unable to attend live, the call recording will be archived on kindermorgan.com and available for replay until February 23, 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
-
Rhea-AI Summary

Flyscan Systems announced that Kinder Morgan (NYSE: KMI) has joined its strategic investor group, which includes Marathon Petroleum, Enbridge, and Hatch. The investment will support Flyscan's growth and accelerate its entry into the Natural Gas detection and quantification market.

Flyscan, founded in 2015 as a spin-off from Canada's National Optics Institute, is pioneering technology for pipeline leak detection and right-of-way damage prevention. The company utilizes remote sensing and artificial intelligence to detect liquid hydrocarbons and automate visual inspection from regulatory patrol planes.

KMI's COO James Holland emphasized the state-of-the-art nature of Flyscan's technologies and their importance in protecting employees, the environment, and communities. The partnership aims to leverage KMI's strategic footprint across multiple fuel types and extensive presence in the US market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
none
Rhea-AI Summary

Kinder Morgan (NYSE: KMI) has announced its subsidiary, Hiland Partners Holdings , will acquire a natural gas gathering and processing system in North Dakota from Outrigger Energy II for $640 million. The acquisition includes a 270 MMcf/d processing facility and a 104-mile, high-pressure rich gas gathering header pipeline with 350 MMcf/d capacity in the Williston Basin area.

The system is supported by long-term contracts with major basin customers. KMI expects the acquisition to be immediately accretive to shareholders, with a 2025 Adjusted EBITDA multiple of approximately 8 times. The deal includes approximately $20 million of expected cash payments in 2025 that receive deferred revenue recognition. The transaction is expected to close in Q1 2025, pending Hart-Scott-Rodino clearance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
-
Rhea-AI Summary

Tennessee Gas Pipeline (TGP), a Kinder Morgan (NYSE: KMI) subsidiary, has announced its final investment decision on the Mississippi Crossing Project (MSX). The $1.4 billion project will transport up to 1.5 Bcf/d of natural gas through approximately 206 miles of pipeline and two new compressor stations, connecting Greenville, Mississippi to Butler, Alabama.

The project has secured long-term, binding transportation agreements for all capacity, with discussions ongoing for an additional 0.4 Bcf/d. Expected to be operational by November 2028, the MSX Project will provide the Southeast region with increased access to diverse gas supplies, supporting growing energy demand and potentially lowering energy costs.

This project represents part of KMI's $3.1 billion expansion capital investment, alongside the SNG South System 4 Expansion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
none
-
Rhea-AI Summary

Phillips 66 (NYSE: PSX) has agreed to sell its 25% non-operated equity interest in Gulf Coast Express Pipeline to an ArcLight Capital Partners affiliate for $865 million in pre-tax cash proceeds. This sale exceeds Phillips 66's $3 billion asset divestiture target. The Gulf Coast Express Pipeline is a 500-mile system transporting approximately 2 billion cubic feet of natural gas daily from the Permian Basin to Agua Dulce, Texas. The transaction, valued at 10.6x expected 2025 EBITDA, is set to close in January 2025. Proceeds will support shareholder returns and debt reduction. Post-sale, the pipeline will be jointly owned by Kinder Morgan and ArcLight Capital Partners affiliates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
Rhea-AI Summary

Kinder Morgan (KMI) has announced its 2025 financial projections, forecasting significant growth across key metrics. The company expects $1.27 Adjusted EPS (up 8% from 2024) and $8.3 billion Adjusted EBITDA (up 4% from 2024). KMI plans to invest $2.3 billion in discretionary capital expenditures and projects an annualized dividend of $1.17 per share, marking the 8th consecutive year of dividend increases.

Growth is expected primarily from Natural Gas Pipelines and Energy Transition Ventures segments. The company's end-of-year 2025 Net Debt-to-Adjusted EBITDA ratio is forecast at 3.8 times, positioning within their target range of 3.5x-4.5x. These projections assume WTI crude oil at $68/barrel and Henry Hub natural gas at $3.00/MMBtu.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
-
Rhea-AI Summary

Kinder Morgan (NYSE: KMI) reported its Q3 2024 financial results, highlighting a 17% increase in EPS to $0.28 compared to Q3 2023. The company declared a dividend of $0.2875 per share, up 2% from Q3 2023, payable on November 15, 2024. Net income rose to $625 million from $532 million in Q3 2023, while Adjusted EBITDA increased 2% to $1.88 billion. The DCF per share was $0.49, flat from Q3 2023.

KMI's board approved a $455 million expansion of the Gulf Coast Express Pipeline, increasing natural gas deliveries by 570 MMcf/d. The company also announced a $94 million Gulf Coast Storage Expansion project, adding 10 Bcf of storage capacity.

For 2024, KMI expects net income of $2.7 billion, up 15% from 2023, with projected DCF of $5 billion and Adjusted EBITDA of $8.16 billion, both up 8%. However, due to lower commodity prices and delays, KMI revised its 2024 Adjusted EBITDA and Adjusted EPS down by 2% and 4%, respectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
-
Rhea-AI Summary

Kinder Morgan (NYSE: KMI) has announced its upcoming third quarter 2024 earnings release and webcast details. The company will disclose its financial results on Wednesday, October 16, 2024, after the market closes. A live webcast and conference call will follow at 3:30 p.m. CT (4:30 p.m. ET).

Interested parties can access the webcast through Kinder Morgan's investor relations website or join the audio-only call by dialing 1-312-470-7367 with passcode 7505235. For those unable to attend live, the webcast will be archived on the company's website, and a recording will be available until November 17, 2024, accessible by dialing 1-203-369-3038 with passcode 47813.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
none

FAQ

What is the current stock price of Kinder Morgan Del (KMI)?

The current stock price of Kinder Morgan Del (KMI) is $26.6 as of April 22, 2025.

What is the market cap of Kinder Morgan Del (KMI)?

The market cap of Kinder Morgan Del (KMI) is approximately 59.4B.

What are the main operations of Kinder Morgan Inc.?

Kinder Morgan operates an expansive network of pipelines and storage terminals, transporting and storing natural gas, crude oil, refined products, carbon dioxide, and other energy-related commodities.

How does Kinder Morgan generate revenue?

The company primarily relies on fee-based contracts to handle, transport, and store diverse energy products, providing a stable revenue model based on long-term service agreements.

What types of energy products are managed by Kinder Morgan?

Kinder Morgan's infrastructure supports the handling of natural gas, crude oil, refined petroleum products, carbon dioxide, and additional commodities used across various industrial applications.

How is Kinder Morgan positioned within the energy infrastructure industry?

With a diversified and strategically located asset portfolio, Kinder Morgan is a key midstream player in North America, focusing on safe and efficient transportation and storage services critical to energy supply chains.

What distinguishes Kinder Morgan's asset portfolio?

The company boasts an extensive network of pipelines and storage terminals, strategically situated to deliver energy products efficiently to high-demand markets, thereby ensuring operational reliability.

How does Kinder Morgan ensure operational safety and compliance?

Kinder Morgan emphasizes rigorous safety protocols, regulatory compliance, and continuous operational improvements, supported by advanced technologies like remote sensing for enhanced asset integrity.

What is the company’s business model?

The business model centers on fee-based operations that provide predictable cash flows, leveraging long-term contracts for the transportation and storage of a diversified set of energy products.

How does Kinder Morgan differentiate itself from competitors?

Its extensive, diversified, and strategically positioned network of infrastructure assets allows Kinder Morgan to offer reliable energy transportation services, bolstered by operational expertise and robust safety standards.
Kinder Morgan Inc Del

NYSE:KMI

KMI Rankings

KMI Stock Data

59.36B
1.94B
12.79%
67.91%
1.75%
Oil & Gas Midstream
Natural Gas Transmission
Link
United States
HOUSTON