Kinder Morgan (KMI) official guidance
Kinder Morgan (KMI) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
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2 metrics1 new1 maintainedearnings call · 8d
2026-10-21 22:01:58 UTCat least 13%new
For the full year, we expect adjusted EPS growth to exceed budget by more than 13% and EBITDA to exceed budget by more than 6%.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-10-21 22:01:58 UTC100%maintained
Assuming likely options are exercised, our fleet is 100% leased to the rest of this year, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-23 04:01:19 UTC100%maintained
Assuming likely options are exercised, our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-04-23 04:01:25 UTC100%maintained
Our Jones Act tanker fleet remains exceptionally well contracted. Assuming likely options are exercised, our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q1 FY2026
2026-04-23 04:00:00 UTCOpen source
2026-01-22 05:01:06 UTC100%maintained
Our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q4 FY2025
2026-01-22 05:00:00 UTCOpen source
2025-10-23 04:01:09 UTC100%new
Assuming likely options are exercised, the fleet is 100% leased through 2026 and 97% leased through 2027.
KMI · transcript · Q3 FY2025
2025-10-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2027 · ends 2027-12-31
1 metric1 maintainedearnings call · 8d
2026-10-21 22:01:58 UTC97%maintained
Assuming likely options are exercised, our fleet is 100% leased to the rest of this year, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-23 04:01:19 UTC97%maintained
Assuming likely options are exercised, our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-04-23 04:01:25 UTC97%maintained
Our Jones Act tanker fleet remains exceptionally well contracted. Assuming likely options are exercised, our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q1 FY2026
2026-04-23 04:00:00 UTCOpen source
2026-01-22 05:01:06 UTC97%maintained
Our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q4 FY2025
2026-01-22 05:00:00 UTCOpen source
2025-10-23 04:01:09 UTC97%new
Assuming likely options are exercised, the fleet is 100% leased through 2026 and 97% leased through 2027.
KMI · transcript · Q3 FY2025
2025-10-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2028 · ends 2028-12-31
1 metric1 maintainedearnings call · 8d
2026-10-21 22:01:58 UTC80%maintained
Assuming likely options are exercised, our fleet is 100% leased to the rest of this year, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-23 04:01:19 UTC80%maintained
Assuming likely options are exercised, our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-04-23 04:01:25 UTC80%maintained
Our Jones Act tanker fleet remains exceptionally well contracted. Assuming likely options are exercised, our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q1 FY2026
2026-04-23 04:00:00 UTCOpen source
2026-01-22 05:01:06 UTC80%new
Our fleet is 100% leased through 2026, 97% leased through 2027, and 80% leased through 2028.
KMI · transcript · Q4 FY2025
2026-01-22 05:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2035+ · ends 2035-12-31
1 metric1 maintainedearnings call · 8d
2026-10-21 22:01:58 UTC46Bmaintained
Wood Mackenzie projects North American natural gas demand to increase by approximately 46 Bcf a day by 2035, driven primarily by LNG exports and power generation demand.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-23 04:01:19 UTC46Bnew
That represents approximately 46 billion cubic feet per day of incremental demand growth compared to 2025.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 8d
2026-10-21 22:01:58 UTC3.60xmaintained
Despite spending more this year due to our Monument acquisition and greater-than-budgeted CapEx, we expect to end the year at 3.6 times leverage.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-23 04:01:19 UTC3.60xmaintained
Now we expect to end the year at 3.6 leverage as well, and that's down from the budget of 3.8 times, despite spending more on our Monument acquisition and increasing our growth capital relative to what we had budgeted.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-07-22 20:11:26 UTC3.60xlowered -2.7%
We also expect to end the year with an improved Net Debt-to-Adjusted EBITDA of 3.6 times.
KMI · EX-99.1 · Q2 FY2026
2026-07-22 20:09:59 UTCOpen source
2026-04-23 04:01:25 UTC3.70xnew
Our budget had us finishing 2026 at 3.8x, and now we expect to end the year 2026 at 3.7x due to our expected EBITDA outperformance.
KMI · transcript · Q1 FY2026
2026-04-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2028
1 metric1 newearnings call · 8d
2026-10-21 22:01:58 UTC2Knew
Then I think MSX, the second phase is mid-year 2028, so that'll drive additional growth in 2029.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2030+ · ends 2030-12-31
1 metricearnings call · 8d
2026-10-21 22:01:58 UTC2K
On Permian Link, it comes online in 2030, and on SEC, it comes on 2030, 2031, and 2032.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-23 04:01:19 UTCtargeted for a 2030 type in servicenew
Well, I think we've got this thing targeted for a 2030 type in service, right?
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2032+ · ends 2032-12-31
1 metric1 newearnings call · 8d
2026-10-21 22:01:58 UTC2Knew
On Permian Link, it comes online in 2030, and on SEC, it comes on 2030, 2031, and 2032.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
KMIKINDER MORGAN, INC.Q4 FY2028 · ends 2028-12-31
1 metricearnings call · 8d
2026-10-21 22:01:58 UTC2K
Well, 2029 and 2030, South System 4 is coming online Q4 of 2028 and Q4 of 2029.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-22 20:11:26 UTCin the fourth quarter of 2028new
With the timely receipt of all permits and approvals, KMI expects to place the first phase of SSE4 in service in the fourth quarter of 2028 and the second phase in the fourth quarter of 2029.
KMI · EX-99.1 · Q2 FY2026
2026-07-22 20:09:59 UTCOpen source
KMIKINDER MORGAN, INC.Q4 FY2029 · ends 2029-12-31
1 metricearnings call · 8d
2026-10-21 22:01:58 UTC2K
Well, 2029 and 2030, South System 4 is coming online Q4 of 2028 and Q4 of 2029.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
2026-07-22 20:11:26 UTCin the fourth quarter of 2029new
With the timely receipt of all permits and approvals, KMI expects to place the first phase of SSE4 in service in the fourth quarter of 2028 and the second phase in the fourth quarter of 2029.
KMI · EX-99.1 · Q2 FY2026
2026-07-22 20:09:59 UTCOpen source
KMIKINDER MORGAN, INC.FY2027
1 metric1 newearnings call · 8d
2026-10-21 22:01:58 UTC2Knew
Trident is on time and on budget and should be delivered in February of next year.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2029 · ends 2029-12-31
1 metric1 newearnings call · 8d
2026-10-21 22:01:58 UTC2Knew
Kinder Morgan's $300 million total cash investment, which includes our $250 million contribution to the JV and a $50 million investment in our non-contributed assets, has been added to our project backlog and is expected to reach in-service in 2029.
KMI · transcript · Q3 FY2026
2026-10-21 22:01:00 UTCOpen source
KMIKINDER MORGAN, INC.Q4 FY2027 · ends 2027-12-31
1 metric1 newearnings preannouncement · 8d
2026-10-21 20:34:43 UTCthen in the fourth quarter of 2027new
Subject to the timely receipt of all required permits and approvals, KMI expects to place the projects in service in phases, first in the fourth quarter of 2026 and then in the fourth quarter of 2027.
KMI · EX-99.1 · Q3 FY2026
2026-10-21 20:10:58 UTCOpen source
KMIKINDER MORGAN, INC.FY2026 · ends 2026-12-31
3 metricsearnings call · 2026-07-23 04:01:19 UTC
2026-07-23 04:01:19 UTCat least 5%
For the full year 2026, as Kim mentioned but is worth repeating, we expect to be more than 5% favorable to our budget on adjusted EBITDA and more than 12% favorable on adjusted EPS.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-07-22 20:11:26 UTCat least 5%
Based on results through the second quarter, KMI currently expects to be more than 5% favorable to budget on an Adjusted EBITDA basis and more than 12% favorable to budget on Adjusted EPS for the year.
KMI · EX-99.1 · Q2 FY2026
2026-07-22 20:09:59 UTCOpen source
2026-04-23 04:01:25 UTCat least 3%
For the full year 2026, while it's still early in the year, we expect to be more than 3% favorable to our budgeted adjusted EBITDA.
KMI · transcript · Q1 FY2026
2026-04-23 04:00:00 UTCOpen source
2026-01-21 21:14:23 UTC$8.6Bnew
The company also budgeted 2026 Adjusted EBITDA of $8.6 billion, up 2.5% versus 2025, and to end 2026 with a Net Debt-to-Adjusted EBITDA ratio of 3.8 times.
KMI · EX-99.1 · Q4 FY2025
2026-01-21 21:13:33 UTCOpen source
2026-07-23 04:01:19 UTCat least 12%
For the full year 2026, as Kim mentioned but is worth repeating, we expect to be more than 5% favorable to our budget on adjusted EBITDA and more than 12% favorable on adjusted EPS.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-07-22 20:11:26 UTCat least 12%
Based on results through the second quarter, KMI currently expects to be more than 5% favorable to budget on an Adjusted EBITDA basis and more than 12% favorable to budget on Adjusted EPS for the year.
KMI · EX-99.1 · Q2 FY2026
2026-07-22 20:09:59 UTCOpen source
2026-04-22 20:13:02 UTC$1.36maintained
KMI’s 2026 budgeted adjusted net income attributable to KMI, which excludes Certain Items, is 5% higher than 2025, and Adjusted EPS is $1.36, also up 5% from 2025.
KMI · EX-99.1 · Q1 FY2026
2026-04-22 20:12:02 UTCOpen source
2026-01-21 21:14:23 UTC$1.36new
KMI’s 2026 budgeted adjusted net income attributable to KMI, which excludes certain items, is 5% higher than 2025, given the company’s outperformance in 2025, and Adjusted EPS is $1.36, also up 5% from 2025.
KMI · EX-99.1 · Q4 FY2025
2026-01-21 21:13:33 UTCOpen source
2026-07-23 04:01:19 UTCat least $430M
That represents more than $430 million of additional EBITDA contribution.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
2026-04-23 04:01:25 UTCat least $250Mnew
For the full year 2026, while it's still early in the year, we expect to be more than 3% favorable to our budgeted adjusted EBITDA. That's over $250 million of additional EBITDA contribution.
KMI · transcript · Q1 FY2026
2026-04-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2035+ · ends 2035-12-31
1 metric1 newearnings call · 2026-07-23 04:01:19 UTC
2026-07-23 04:01:19 UTCat least 160Bnew
According to Wood Mackenzie's most recent outlook, U.S. natural gas demand is expected to exceed 160 billion cubic feet per day by 2035.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.H4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-07-23 04:01:19 UTC
2026-07-23 04:01:19 UTC$1Bnew
In addition, we anticipate, as Rich said, adding significant projects from our over $10 billion opportunity set before year-end, likely more than offsetting the approximately $1 billion of projects we expect to place into service during the second half of 2026.
KMI · transcript · Q2 FY2026
2026-07-23 04:00:00 UTCOpen source
KMIKINDER MORGAN, INC.FY2026 · ends 2026-12-31
1 metric1 maintainedearnings preannouncement · 2026-07-22 20:11:26 UTC
2026-07-22 20:11:26 UTC$1.19maintained
For 2026, KMI budgeted net income attributable to KMI of $3.1 billion, Adjusted EPS of $1.36, declared dividends of $1.19 per share, Adjusted EBITDA of $8.6 billion, and year-end Net Debt-to-Adjusted EBITDA of 3.8 times.
KMI · EX-99.1 · Q2 FY2026
2026-07-22 20:09:59 UTCOpen source
2026-04-22 20:13:02 UTC$1.19maintained
KMI expects to declare dividends of $1.19 per share for 2026, a 2% increase from the dividends declared for 2025.
KMI · EX-99.1 · Q1 FY2026
2026-04-22 20:12:02 UTCOpen source
2026-01-21 21:14:23 UTC$1.19new
KMI expects to declare dividends of $1.19 per share for 2026, a 2% increase from the dividends declared for 2025.
KMI · EX-99.1 · Q4 FY2025
2026-01-21 21:13:33 UTCOpen source