earnings
confidence high
sentiment positive
materiality 0.80
Kinder Morgan Q4 EPS $0.30, up 11%; announces $1.7B Trident pipeline; backlog $8.1B
KINDER MORGAN, INC.
2024-FY EPS reported
$1.17
revenue$15,100,000,000
- Q4 EPS $0.30 (up 11% YoY); Adjusted EPS $0.32 (up 14%); Net income $667M vs $594M.
- Adjusted EBITDA $2,063M (up 7% YoY); declares Q4 dividend $0.2875/share (2% increase).
- Announces Trident Intrastate Pipeline: ~216-mile, ~1.5 Bcf/d capacity, $1.7B project cost.
- Mississippi Crossing Project: ~$1.6B, 206 miles, 1.8 Bcf/d subscribed; three projects total ~$5B.
- 2025 outlook: Net income $2.8B (+8%), Adj EPS $1.27 (+10%), target Debt/EBITDA 3.8x.