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

Issuer:     KINDER MORGAN, INC. (KMI)
CIK:        0001506307
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001506307-24-000117
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinder Morgan Q3 EPS $0.28 (+17%); net income $625M; dividend increases 2%; approves $455M GCX expansion
--------------------------------------------------------------------------------

- Q3 EPS $0.28 (+17% YoY), adjusted EPS $0.25 flat; net income $625M vs $532M.
- Adjusted EBITDA $1.88B (+2% YoY); DCF per share $0.49 flat; Net Debt/EBITDA 4.1x.
- Dividend raised 2% to $0.2875/share, payable Nov 15 to holders of record Oct 31.
- Final investment decision on $455M Gulf Coast Express expansion, adding 570 MMcf/d.
- 2024 outlook: Adj EBITDA ~2% below budget but +5% YoY; Adj EPS ~4% below budget but +9% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506307/000150630724000117/0001506307-24-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506307/000150630724000117/kmi-20241016.htm
  HTML page:      https://secwatch.observer/filing/0001506307-24-000117

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