secwatch.observer — SEC 8-K summary
======================================

Issuer:     KINDER MORGAN, INC. (KMI)
CIK:        0001506307
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001506307-23-000116
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinder Morgan Q3 EPS $0.24, DCF $1.09B; dividend raised 2% to $0.2825
---------------------------------------------------------------------

- Net income $532M vs $576M YoY; EPS $0.24 down slightly.
- DCF $1,094M flat per share; dividend increased 2% to $0.2825, payable Nov 15.
- Repurchased 28M shares for ~$472M YTD; Net Debt/EBITDA 4.1x.
- Backlog $3.8B; expects full-year slightly below plan due to lower commodity prices, delayed RNG.
- Natural gas demand seen growing >20% by 2028 led by LNG exports.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506307/000150630723000116/0001506307-23-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506307/000150630723000116/kmi-20231018.htm
  HTML page:      https://secwatch.observer/filing/0001506307-23-000116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer