The company said KMI net income attributable to KMI was $625 million (Q3 2023 $532 million), its earnings per share was $0.28, and its Adjusted EBITDA was $1,880 million (Q3 2023 $1,835 million, up 2%) for Q3 2024.

1. 01

   The company said KMI net income attributable to KMI was $625 million (Q3 2023 $532 million), its earnings per share was $0.28, and its Adjusted EBITDA was $1,880 million (Q3 2023 $1,835 million, up 2%) for Q3 2024.

2. 02

   Kinder Morgan said Adjusted EPS of $0.25 and DCF per share of $0.49 were flat in Q3 2024 compared with Q3 2023. It said DCF for the same quarter was $1,096 million.

3. 03

   The company said it generated cash flow from operations of $1.2 billion and free cash flow (FCF) after capital expenditures of $0.6 billion in Q3. It also said its Net Debt-to-Adjusted EBITDA ratio was 4.1 times at the end of the quarter.

4. 04

   The company said Gulf Coast Express Pipeline LLC reached a final investment decision on an expansion project of about $455 million (about $161 million KM-share) on August 30, 2024. The project will increase natural gas deliveries by 570 MMcf/d, and, subject to required approvals, is expected to be in service in mid-2026.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.