secwatch.observer — SEC 8-K summary
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Issuer:     KINDER MORGAN, INC. (KMI)
CIK:        0001506307
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0001506307-25-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506307/000150630725000002/0001506307-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506307/000150630725000002/kmi-20250122.htm
  HTML page:      https://secwatch.observer/filing/0001506307-25-000002

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