The Investor
24 Apr 2026, 10:24
Kinder Morgan reported strong first-quarter 2026 results, with net income rising to $976 million and earnings per share increasing 38% year-over-year to $0.44. Adjusted EPS grew 41%, while adjusted EBITDA climbed 18%, driven primarily by robust performance in its natural gas pipeline segment.
The company generated solid cash flow, with operating cash flow of $1.5 billion and free cash flow of $0.7 billion, supported by strong demand and high pipeline utilization. Kinder Morgan also increased its quarterly dividend by 2% and highlighted a project backlog of $10.1 billion, largely focused on natural gas infrastructure.
Management expects continued growth in natural gas demand, particularly in power generation, and reaffirmed its full-year outlook with modest earnings and dividend increases.
Source: Business Wire
The company generated solid cash flow, with operating cash flow of $1.5 billion and free cash flow of $0.7 billion, supported by strong demand and high pipeline utilization. Kinder Morgan also increased its quarterly dividend by 2% and highlighted a project backlog of $10.1 billion, largely focused on natural gas infrastructure.
Management expects continued growth in natural gas demand, particularly in power generation, and reaffirmed its full-year outlook with modest earnings and dividend increases.
Source: Business Wire