Quarterly ResultJul 24, 2026, 04:12 PM
Kinder Morgan Q2 EPS $0.39, Net Income $867M; Revenues Up 10.76%
AI Summary
Kinder Morgan reported strong financial results for the second quarter and first half of 2026, with net income attributable to the company increasing 21.26% to $867 million and EPS rising 21.88% to $0.39 for the quarter. Total revenues grew 10.76% to $4,477 million. The company also completed the acquisition of the Monument Pipeline System for $503 million and amended its revolving credit facility, extending its maturity and enhancing liquidity. A cash dividend of $0.2975 per share was declared for the quarter.
Key Highlights
- Net Income Attributable to Kinder Morgan, Inc. for Q2 2026 increased 21.26% to $867 million.
- Basic and Diluted EPS for Q2 2026 rose 21.88% to $0.39.
- Total Revenues for Q2 2026 increased 10.76% to $4,477 million.
- Net cash provided by operating activities for the six months ended June 30, 2026, was $3,451 million, up 22.77%.
- Acquired Monument Pipeline System for $503 million on May 1, 2026, expanding natural gas infrastructure.
- Amended credit facility on May 21, 2026, extending maturity to 2031 and increasing swingline loans to $400 million.
- Declared a cash dividend of $0.2975 per share for Q2 2026, payable August 17, 2026.
- Total debt stood at $32,144 million as of June 30, 2026.
Price Impact
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