---
schema_version: "secwatch.filing_event.v1"
accession: "0001506307-24-000029"
form_type: "8-K"
ticker: "KMI"
cik: "0001506307"
company_name: "KINDER MORGAN, INC."
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:38:59.279577+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kinder Morgan Q1 EPS $0.33 (up 10%), DCF $0.64; dividend raised 2% to $0.2875/share

## Summary
- Q1 EPS $0.33 (up 10% YoY); net income $746M vs $679M; DCF per share $0.64 (up 5%).
- Board approved dividend $0.2875/share ($1.15 annualized), 2% increase over Q1 2023; payable May 15, record April 30.
- 2024 guidance reaffirmed: net income $2.7B ($1.22/share), DCF $5B ($2.26/share), Adj. EBITDA $8.16B, Net Debt/Adj. EBITDA 3.9x.
- Project backlog $3.3B, up from $3B at year-end 2023; nearly 80% dedicated to lower-carbon energy investments.
- Net Debt-to-Adjusted EBITDA ratio 4.1x at quarter end; balance sheet strong.

## SEC filing metadata
- accession: 0001506307-24-000029
- form_type: 8-K
- ticker: KMI
- cik: 0001506307
- company_name: KINDER MORGAN, INC.
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506307/000150630724000029/0001506307-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506307/000150630724000029/kmi-20240417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001506307-24-000029
- JSON: https://secwatch.observer/filing/0001506307-24-000029.json
- Plain text: https://secwatch.observer/filing/0001506307-24-000029.txt

## Key facts
- Earnings Releases
  KINDER MORGAN, INC. reported 2024 results: net income $2.7 billion, EPS $1.22 per share. Guidance reaffirmed.
  - Period: 2024
  - Net income: $2.7 billion
  - EPS: $1.22 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: For 2024, including contributions from the acquired STX Midstream assets, KMI budgeted net income attributable to KMI of $2.7 billion ($1.22 per share), up 15% versus 2023, and expects to declare dividends of $1.15 per share for 2024, a 2% increase from the dividends declared for 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506307/000150630724000029/0001506307-24-000029-index.htm
- Earnings Releases
  KINDER MORGAN, INC. reported the quarter ended March 31, 2024 results: net income $746 million, EPS $0.33.
  - Period: the quarter ended March 31, 2024
  - Net income: $746 million
  - EPS: $0.33
  - Result: preliminary results
  source text: First quarter earnings per share (EPS) of $0.33 and distributable cash flow (DCF) per share of $0.64, up 10% and 5%, respectively, compared to the first quarter of 2023. • Net income attributable to KMI of $746 million, compared to $679 million in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506307/000150630724000029/0001506307-24-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.