KMI - Dividend announcements

$1.37 Adjusted EPS (up 8% versus third quarter guidance); nearly $8.7 billion Adjusted EBITDA; 3.8x leverage at year-end 2026; and $1.19 dividend per share Kinder Morgan, Inc. (NYSE:KMI) today announced its preliminary 2026 financial projections. "We expect approximately 4% growth in Adjusted EBITDA and 8% growth in Adjusted EPS compared to the 2025 guidance we provided on the third quarter earnings call, driven by continued execution on expansion projects in our Natural Gas Pipelines business segment," said Kim Dang, KMI Chief Executive Officer. "We are projecting an annualized dividend of $1.19 for 2026, marking the ninth consecutive year of dividend increases. Our year-end 2026 Net Deb

Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an affiliate of ArcLight Capital Partners, LLC for pre-tax total cash proceeds of $865 million, subject to purchase price adjustments. "With this transaction, we have exceeded our $3 billion asset divestiture target established in our strategic priorities. We intend to continue to optimize the portfolio and rationalize non-core assets going forward," said Mark Lashier, chairman and CEO of Phillips 66. "The evolution of our portfolio underscores our position as a leading integrated downstrea

$1.27 Adjusted EPS (up 8% from 2024); $8.3 billion Adjusted EBITDA; 3.8x leverage at year-end 2025; and $1.17 dividend per share Kinder Morgan, Inc. (NYSE:KMI) today announced its preliminary 2025 financial projections. "We expect 4% growth from 2024 in Adjusted EBITDA and 8% growth in Adjusted EPS due to growth projects in all our business segments, but most prominently in Natural Gas Pipelines and Energy Transition Ventures," said Kim Dang, KMI Chief Executive Officer. "We are projecting an annualized dividend of $1.17 in 2025, constituting the 8th year in a row in which we have increased our dividend. Our end-of-year 2025 Net Debt-to-Adjusted EBITDA ratio is forecast to be 3.8 times,

$1.15 dividend per share; $1.21 net income attributable to KMI per share; and $8 billion Adjusted EBITDA Kinder Morgan, Inc. (NYSE:KMI) today announced its preliminary 2024 financial projections. "We expect 5% growth across the board in 2024 in Adjusted EBITDA, distributable cash flow (DCF) and DCF per share due to growth projects in all our business segments, but most prominently in Natural Gas Pipelines and Energy Transition Ventures, as well as from contract rate escalations in our Products Pipelines and Terminals business segments," said Kim Dang, KMI Chief Executive Officer. "It is important to note that the company's budget does not include the recently announced acquisition of Next

$1.13 dividend per share; $1.12 net income attributable to KMI per share; and $7.7 billion Adjusted EBITDA Kinder Morgan, Inc. (NYSE:KMI) today announced its preliminary 2023 financial projections. "We expect 2023 to be another very good year for Kinder Morgan, with strong market fundamentals, continued robust growth in demand for existing and expanded natural gas transportation, storage, and gathering and processing; and continued demand for refined products midstream services and investments in our Energy Transition Ventures business," said Steve Kean, KMI Chief Executive Officer. "Those results will be offset by the higher interest rate environment we expect in 2023. We anticipate gene

$1.11 dividend per share; up to $750 million available for share repurchases; $2.5 billion net income attributable to KMI; and 9% growth in DCF per share1 Kinder Morgan, Inc. (NYSE:KMI) today announced its preliminary 2022 financial projections. "We expect 2021 to be a record year for Kinder Morgan financially, attributable to our outperformance related to winter storm Uri in the first quarter, along with solid project execution across our business units, and two important acquisitions. Our strong performance is also reflected in our debt metric, as we expect to end the year with a Net Debt-to-Adjusted EBITDA ratio of 4.0 times, much better than our budgeted ratio of 4.6 times," said Steve

OKLAHOMA CITY, Oct. 7, 2021 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE:REPX) ("Riley Permian", the "Company", "we" or "our") today announced updates related to its enhanced oil recovery (EOR) pilot project and its upcoming dividend. The Company executed two agreements, effective October 7, 2021, related to its EOR pilot project. The Company entered into an agreement with the Cortez Pipeline Company relating to the connection and establishment of a delivery point for Riley Permian on the Cortez Pipeline at its Champions assets in Yoakum County, Texas. Cortez owns and

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc.’s (NYSE: KMI) board of directors today approved a cash dividend of $0.2625 per share for the fourth quarter ($1.05 annualized), payable on February 16, 2021, to common stockholders of record as of the close of business on February 1, 2021. This dividend represents a 5% increase over the fourth quarter of 2019. KMI is reporting fourth quarter net income attributable to KMI of $607 million, compared to net income attributable to KMI of $610 million in the fourth quarter of 2019; and distributable cash flow (DCF) of $1,250 million, an 8% decrease from the fourth quarter of 2019. “Despite the pandemic’s continued drag on the economy and