secwatch.observer — SEC 8-K summary
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Issuer:     KINDER MORGAN, INC. (KMI)
CIK:        0001506307
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0001506307-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinder Morgan Q4 EPS $0.30 (+7% YoY), DCF per share $0.54 (+13%); dividend up 3%; $1B buyback authorized
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- Q4 net income attributable to KMI $670M vs $637M YoY; EPS $0.30 up 7%; DCF per share $0.54 up 13%.
- Board declared Q4 dividend $0.2775 (annualized $1.11), a 3% increase; payable Feb 15, 2023 to holders of record Jan 31, 2023.
- Board authorized $1B increase in share repurchase program.
- 2023 outlook: net income ~$2.5B ($1.12/share), DCF $4.8B ($2.13/share), Adjusted EBITDA $7.7B, leverage target 4.0x.
- Management announces succession plans; details not specified in the press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506307/000150630723000002/0001506307-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506307/000150630723000002/kmi-20230118.htm
  HTML page:      https://secwatch.observer/filing/0001506307-23-000002

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