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16.12.25 - 23:48
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Phillips 66 CEO: Major Pipeline Project Has Broad Support (Bloomberg)
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US federal and state officials are lining up with the oil industry to support a plan by Phillips 66 and Kinder Morgan Inc. to deliver gasoline to California via what could become the world's largest fuel pipeline. Phillips 66 CEO Mark Lashier spoke with Romaine Bostick and Katie Greifeld about the pipeline. (Source: Bloomberg)...
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08.12.25 - 22:09
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Kinder Morgan Announces 2026 Financial Expectations (Business Wire)
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$1.37 Adjusted EPS (up 8% versus third quarter guidance); nearly $8.7 billion Adjusted EBITDA; 3.8x leverage at year-end 2026; and $1.19 dividend per share
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced its preliminary 2026 financial projections. “We expect approximately 4% growth in Adjusted EBITDA and 8% growth in Adjusted EPS compared to the 2025 guidance we provided on the third quarter earnings call, driven by continued execution on expansion projects in our Natural Gas Pipelines business segment,” said Kim Dang, KMI Chief Executive Officer.
“We are projecting an annualized dividend of $1.19 for 2026, marking the ninth consecutive year of dividend increases. Our year-end 2026 Net Debt-to-Adjusted EBITDA ratio is forecast at 3.8 times, remaining at the low end of our 3.5x–4.5x target range and preserving flexibility for opportunistic investments,” Dang concluded.
“We expect to continue benefiting from strong natural gas market fundamentals, supporting growth on o...
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