Financial Data and Key Metrics Changes - The company generated revenues of $5.15 billion, an increase of $2 billion from Q2 2021, with a gross margin up by $254 million compared to the previous year [21] - Net income was $635 million, a significant recovery from a net loss of $757 million in Q2 2021, while adjusted earnings rose 20% to $621 million [21] - The Distributable Cash Flow (DCF) totaled $1.176 billion, reflecting a 15% increase year-over-year, with DCF per share up 16% to $0.52 [23] Business Line Data and Key Metrics Changes - In the Natural Gas segment, transport volumes decreased by approximately 2%, primarily due to reduced volumes to Mexico and pipeline outages, although LNG deliveries increased by 16% year-over-year [14][15] - The CO2 segment saw production well above plan, benefiting from higher commodity prices, while the Products segment experienced a 2% decline in refined products volumes [10][17] - The Terminals segment maintained high liquids utilization at 91%, with throughput up 4% driven by gasoline, diesel, and renewables [18] Market Data and Key Metrics Changes - Deliveries to LNG facilities averaged 5.8 million dekatherms per day, 16% higher than Q2 2021, with a market share of around 50% [15] - Natural gas gathering volumes increased by 12% compared to Q2 2021, with significant growth in the Haynesville and Eagle Ford regions [16] - The overall demand for natural gas remains strong, with projections of LNG demand growth between 11 and 15 Bcf per day by 2028 [16] Company Strategy and Development Direction - The company aims to maintain a strong investment-grade balance sheet, fund expansion and acquisition opportunities, and return value to shareholders through dividends and share repurchases [5][12] - A $2.1 billion backlog exists, with 75% focused on low-carbon energy services, indicating a strategic shift towards renewable energy investments [13] - The company is committed to being a key player in the growing LNG market, expecting to maintain its 50% market share [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in exceeding annual plans, attributing outperformance to both commodity price tailwinds and improved operational performance [9] - The company is focused on capital allocation, emphasizing a strong balance sheet and attractive investment opportunities while managing inflation impacts effectively [11][12] - Management acknowledged a disconnect between market pricing and the fundamentals of the midstream energy business, with a dividend yield approaching 7% seen as excessive [7] Other Important Information - The company has repurchased approximately 16.1 million shares year-to-date, reflecting a strategic approach to capital management [20] - The dividend for Q2 2022 was declared at $0.2775 per share, a 3% increase from the previous year [20] Q&A Session Summary Question: Update on Permian takeaway and GCX FID - Management indicated potential near-term tightness in the market but expects sufficient capacity until the latter part of the decade, with FID for new projects likely needed in 2024 or 2025 [26][27] Question: Details on Mas CanAm acquisition - The acquisition involves three landfill gas assets and is expected to provide stable long-term EBITDA with growth potential, indicating a focus on renewable natural gas [30][31] Question: Impact of Freeport outage on operations - Management noted an immaterial financial impact from the Freeport outage, with additional volumes being absorbed by the Texas market [32][33] Question: Long-term outlook for refined product pipelines - Management discussed the ability to adjust rates in response to decreased volumes, emphasizing the strength of their market position despite potential declines in refined product demand [34][35] Question: Updates on LNG project investments - Management expressed optimism about significant investment opportunities in LNG projects over the next three to five years, with a focus on maintaining market share [58][61]

Kinder Morgan, Inc. (NYSE:KMI) Q1 2022 Earnings Conference Call April 20, 2022 4:30 PM ET Company Participants Rich Kinder - Executive Chairman Steve Kean - Chief Executive Officer Kimberly Dang - President David Michels - Chief Financial Officer Thomas Martin - President, Natural Gas Pipelines Conference Call Participants Jean Ann Salisbury - Sanford C. Bernstein Colton Bean - Tudor, Pickering, Holt & Co Jeremy Tonet - JPMorgan Brian Reynolds - UBS Chase Mulvehill - BofA Securities Michael Lapides - Gol ...

Kinder Morgan, Inc (NYSE:KMI) Q4 2021 Earnings Conference Call January 19, 2022 4:30 PM ET Company Participants Rich Kinder - Executive Chairman Steven Kean - Chief Executive Officer David Michels - Chief Financial Officer Dax Sanders - President, Products Pipelines John Schlosser - President, Terminals Kimberly Dang - President Thomas Martin - President, Natural Gas Pipelines Conference Call Participants Jeremy Tonet - JPMorgan Colton Bean - Tudor, Pickering, Holt & Company Jean Ann Salisbury - Bernstein K ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 F O R M 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ Commission file number: 001-35081 KINDER MORGAN, INC. (Exact name of registrant as specified in its charter) Delaware 80-0682103 (State or other juri ...