AI English summary of an SEC filing — figures as filed
Kinder Morgan KMIThe company said revenue for Q3 2026 rose $385 million, and revenue for the 9-month year-to-date period rose $1,407 million. Adjusted Net Income Attributable to Kinder Morgan, Inc. increased $144 million and $643 million, respectively.
Key points
AI summaryThe company said revenue for Q3 2026 rose $385 million, and revenue for the 9-month year-to-date period rose $1,407 million. Adjusted Net Income Attributable to Kinder Morgan, Inc. increased $144 million and $643 million, respectively.
Kinder Morgan sold Florida terminals and terminal assets for mixed consideration of cash and additional interests in an equity investment, recognizing a net gain of $71 million, which it treated as a Certain Item. It also acquired the Monument Pipeline system, a natural gas pipeline system of approximately 225 miles.
The company said net cash provided by operating activities for the first 9 months of 2026 was $5,041 million, up from $4,225 million in the same period of the prior year. Cash used in investing activities rose $679 million, of which the increase in capital expenditures was $625 million.
The company said it had cash and cash equivalents of $918 million as of September 30, 2026, borrowing capacity of about $3,490 million under its credit facility, and short-term debt of $1,726 million. It also said it expects to declare dividends of $1.19 per share for 2026.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Revenue and Adjusted Net Income Rise
The company said revenue for Q3 2026 rose $385 million, and revenue for the 9-month year-to-date period rose $1,407 million. Adjusted Net Income Attributable to Kinder Morgan, Inc. increased $144 million and $643 million, respectively.
Source · Based on the MD&A text of the filing
Florida Terminal Sale Gain and Monument Acquisition
Kinder Morgan sold Florida terminals and terminal assets for mixed consideration of cash and additional interests in an equity investment, recognizing a net gain of $71 million, which it treated as a Certain Item. It also acquired the Monument Pipeline system, a natural gas pipeline system of approximately 225 miles.
Source · Based on the MD&A text of the filing
Operating Cash Flow and Investing Cash Use
The company said net cash provided by operating activities for the first 9 months of 2026 was $5,041 million, up from $4,225 million in the same period of the prior year. Cash used in investing activities rose $679 million, of which the increase in capital expenditures was $625 million.
Source · Based on the MD&A text of the filing
Liquidity, Debt and 2026 Dividend Plans
The company said it had cash and cash equivalents of $918 million as of September 30, 2026, borrowing capacity of about $3,490 million under its credit facility, and short-term debt of $1,726 million. It also said it expects to declare dividends of $1.19 per share for 2026.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
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.
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