Kinder Morgan Inc（KMI）资讯与事件KMIKinder Morgan Inc

Phillips 66 and Kinder Morgan Finalize Joint Venture for Western Gateway Pipeline

Phillips 66 (PSX), Kinder Morgan (KMI) and HF Sinclair Corporation (DINO) announced they have finalized a joint venture agreement and made a final investment decision to move forward with the proposed Western Gateway Pipeline system. Under the joint venture, Phillips 66, Kinder Morgan and HF Sinclair will own 49.9%, 35.1% and 15% of the system, respectively. "The final investment decision reflects the strength of this industry partnership. By combining the capabilities of Phillips 66, Kinder Morgan and HF Sinclair, Western Gateway is expected to strengthen fuel supply reliability and deliver a more cost-effective, resilient path for growing markets across the West," said Phillips 66 Chairman and CEO Mark Lashier. "This project will connect our Central Corridor and Gulf Coast refining assets to our West Coast and Southwest Marketing assets and demonstrates the value of our integrated business model and the opportunities it creates."

KMI Budgets Net Income of $3.1 Billion for 2026

For 2026, KMI budgeted net income attributable to KMI of $3.1 billion, Adjusted EPS of $1.36, declared dividends of $1.19 per share, Adjusted EBITDA of $8.6 billion, and year-end Net Debt-to-Adjusted EBITDA of 3.8 times. Based on results through the second quarter, KMI currently expects to be more than 5% favorable to budget on an Adjusted EBITDA basis and more than 12% favorable to budget on Adjusted EPS for the year. The company also expects to end the year with an improved Net Debt-to-Adjusted EBITDA of 3.6 times.

Q1 Revenue Reaches $4.83B, Exceeds Expectations

Reports Q1 revenue $4.83B, consensus $4.55B. "The geopolitical landscape became even more turbulent this quarter, with conflict in the Middle East joining the ongoing war in Ukraine as a source of significant commodity price volatility," said Executive Chairman Richard D. Kinder. "As a fee-based midstream energy company with highly creditworthy shippers, we are largely insulated from that volatility. Longer-term, these global conflicts highlight the benefits of securing liquified natural gas supplies from the United States, driving incremental demand for the services we provide those shippers. And apart from geopolitics, projections for domestic natural gas demand growth, particularly in the power sector, continue to be robust."