---
schema_version: "secwatch.filing_event.v1"
accession: "0001506307-25-000002"
form_type: "8-K"
ticker: "KMI"
cik: "0001506307"
company_name: "KINDER MORGAN, INC."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:16:40.290923+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kinder Morgan Q4 EPS $0.30, up 11%; announces $1.7B Trident pipeline; backlog $8.1B

## Summary
- 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.

## SEC filing metadata
- accession: 0001506307-25-000002
- form_type: 8-K
- ticker: KMI
- cik: 0001506307
- company_name: KINDER MORGAN, INC.
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506307/000150630725000002/0001506307-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506307/000150630725000002/kmi-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001506307-25-000002
- JSON: https://secwatch.observer/filing/0001506307-25-000002.json
- Plain text: https://secwatch.observer/filing/0001506307-25-000002.txt

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