• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form FWP filed by Kinder Morgan Inc.

    4/22/25 4:20:18 PM ET
    $KMI
    Natural Gas Distribution
    Utilities
    Get the next $KMI alert in real time by email
    FWP 1 tm2511607d6_fwp.htm FWP

     

     

    Filed Pursuant to Rule 433
    Registration File No. 333-275130
    April 22, 2025

     

    KINDER MORGAN, INC.
    Pricing Term Sheet
    $
    1,100,000,000 5.150% Senior Notes due 2030
    $750,000,000 5.850% Senior Notes due 2035

     

    Issuer: Kinder Morgan, Inc.  
    Expected Ratings  (Moody’s / S&P / Fitch)*: Baa2/BBB/BBB  
    Ratings Outlooks  (Moody’s / S&P / Fitch)*: (Stable/Positive/Stable)  
    Security Type: Senior Notes  
    Pricing Date: April 22, 2025  
    Settlement Date (T+7): May 1, 2025  
    Interest Payment Dates: June 1 and December 1, commencing December 1, 2025 June 1 and December 1, commencing December 1, 2025
    Record Dates: May 15 and November 15 May 15 and November 15
    Maturity Date: June 1, 2030 June 1, 2035
    Principal Amount: $1,100,000,000 $750,000,000
    Benchmark Treasury: 4.000% due March 31, 2030 4.625% due February 15, 2035
    Benchmark Treasury Price / Yield: 100-03 / 3.978% 101-27 / 4.391%
    Spread to Benchmark Treasury: +120 bps +150 bps
    Yield to Maturity: 5.178% 5.891%
    Interest Rate: 5.150% 5.850%
    Price to the Public: 99.870% of the aggregate principal amount 99.684% of the aggregate principal amount

     

    1

     

     

    Optional Redemption: Prior to May 1, 2030 (one month prior to the maturity date of the notes due 2030), in the case of the notes due 2030, and March 1, 2035 (three months prior to the maturity date of the notes due 2035), in the case of the notes due 2035 (the applicable date with respect to each such series of notes, the “Applicable Par Call Date”), we may redeem each series of the notes at our option, in whole or in part, at any time and from time to time, at a redemption price equal to the greater of:  (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming such notes matured on the Applicable Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points, in the case of the notes due 2030, and plus 25 basis points, in the case of the notes due 2035, less (b) interest accrued to the date of redemption, and (2) 100% of the principal amount of the notes being redeemed, plus, in either case, accrued and unpaid interest thereon to, but excluding, the redemption date.
         
      On or after the Applicable Par Call Date, we may redeem the notes of each series, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the redemption date.
    CUSIP / ISIN: 49456B BB6 / US49456BBB62 49456B BC4 / US49456BBC46

    Joint Book-Running

    Managers:

    Barclays Capital Inc.

    Citigroup Global Markets Inc.

    Credit Agricole Securities (USA) Inc.

    J.P. Morgan Securities LLC

    Mizuho Securities USA LLC

    Morgan Stanley & Co. LLC

    SMBC Nikko Securities America, Inc.

    TD Securities (USA) LLC

    U.S. Bancorp Investments, Inc.

    Wells Fargo Securities, LLC

     

    * Note: The ratings of a security are not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

     

    Legend

     

    The issuer has filed a registration statement (including a preliminary prospectus supplement and a prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement for this offering, the issuer’s prospectus in that registration statement and any other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online data base (EDGAR) on the SEC web site at http://www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by contacting Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Credit Agricole Securities (USA) Inc. toll free at +1 (866) 807-6030 or J.P. Morgan Securities LLC collect at 1-212-834-4533.

     

    ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

     

    2

    Get the next $KMI alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $KMI

    DatePrice TargetRatingAnalyst
    7/7/2025$34.00Buy
    TD Cowen
    3/3/2025$31.00Equal Weight → Overweight
    Barclays
    1/10/2025$26.00Sector Perform
    Scotiabank
    10/17/2024$27.00Buy
    BofA Securities
    10/11/2024$23.00 → $27.00Neutral → Buy
    BofA Securities
    9/16/2024$24.00Underweight → Equal-Weight
    Morgan Stanley
    7/19/2024$24.00Hold → Buy
    Argus
    6/4/2024$18.00 → $22.00Equal Weight → Overweight
    Wells Fargo
    More analyst ratings

    $KMI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President Martin Thomas A sold $508,676 worth of Class P Common Stock (18,000 units at $28.26), decreasing direct ownership by 2% to 771,652 units (SEC Form 4)

      4 - KINDER MORGAN, INC. (0001506307) (Issuer)

      6/5/25 5:24:04 PM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • President Martin Thomas A sold $496,255 worth of Class P Common Stock (18,000 units at $27.57), decreasing direct ownership by 2% to 789,652 units (SEC Form 4)

      4 - KINDER MORGAN, INC. (0001506307) (Issuer)

      5/8/25 5:34:54 PM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • President Martin Thomas A sold $517,460 worth of Class P Common Stock (18,000 units at $28.75), decreasing direct ownership by 2% to 807,652 units (SEC Form 4)

      4 - KINDER MORGAN, INC. (0001506307) (Issuer)

      4/3/25 5:28:37 PM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Kinder Morgan Announces Second Quarter '25 Earnings Webcast

      Kinder Morgan, Inc. (NYSE:KMI) today announced it will release second quarter 2025 earnings results on Wednesday, July 16, 2025, after market close and will hold a live webcast and conference call. What: Kinder Morgan Second Quarter ‘25 Earnings Results Webcast When: July 16, 2025, at 3:30 p.m. CT, 4:30 p.m. ET Where: http://ir.kindermorgan.com/presentations-webcasts How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-210-234-0028 and entering the passcode 7516233. If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com. A recording of the conference call will also be avail

      7/9/25 8:30:00 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • ARCLIGHT ACQUIRES INTEREST IN NATURAL GAS PIPELINE COMPANY OF AMERICA, ONE OF THE LARGEST NATURAL GAS INFRASTRUCTURE ASSETS IN NORTH AMERICA

      NGPL PROVIDES CRITICAL TRANSPORTATION, STORAGE & RELIABILITY AND IS STRATEGICALLY POSITIONED TO HELP MEET AI, DIGITAL POWER & LNG RELATED GROWTH BOSTON, May 13, 2025 /PRNewswire/ -- ArcLight Capital Partners, LLC announced its managed fund (collectively, "ArcLight") has acquired a 25% interest in Natural Gas Pipeline Company of America ("NGPL"), a strategic natural gas infrastructure system. As a result of the transaction, ArcLight will become the largest owner of NGPL with a 62.5% economic ownership interest, alongside its strategic partner Kinder Morgan, Inc. (NYSE:KMI). Kinder Morgan continues to own a 37.5% economic interest and operates NGPL.  NGPL is one of the largest interstate pipel

      5/13/25 9:00:00 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • Kinder Morgan Reports First Quarter 2025 Financial Results

      Approves Cash Dividend of $0.2925 per share ($1.17 annualized) Added $900 Million to Project Backlog Closed $640 Million Outrigger Acquisition Kinder Morgan, Inc.'s (NYSE:KMI) board of directors today approved a cash dividend of $0.2925 per share for the first quarter ($1.17 annualized), payable on May 15, 2025 to stockholders of record as of the close of business on April 30, 2025. This dividend is a 2% increase over the first quarter of 2024. KMI is reporting: First quarter net income attributable to KMI of $717 million, compared to $746 million in the first quarter of 2024; and Adjusted net income attributable to KMI of $766 million, 1% higher than the first quarter of 2024. Adju

      4/16/25 4:05:00 PM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • TD Cowen initiated coverage on Kinder Morgan with a new price target

      TD Cowen initiated coverage of Kinder Morgan with a rating of Buy and set a new price target of $34.00

      7/7/25 8:08:44 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • Kinder Morgan upgraded by Barclays with a new price target

      Barclays upgraded Kinder Morgan from Equal Weight to Overweight and set a new price target of $31.00

      3/3/25 7:24:30 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • Scotiabank initiated coverage on Kinder Morgan with a new price target

      Scotiabank initiated coverage of Kinder Morgan with a rating of Sector Perform and set a new price target of $26.00

      1/10/25 8:26:05 AM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    SEC Filings

    See more
    • Amendment: SEC Form 11-K/A filed by Kinder Morgan Inc.

      11-K/A - KINDER MORGAN, INC. (0001506307) (Filer)

      6/25/25 7:59:15 PM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • SEC Form 144 filed by Kinder Morgan Inc.

      144 - KINDER MORGAN, INC. (0001506307) (Subject)

      6/4/25 8:17:50 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • SEC Form SD filed by Kinder Morgan Inc.

      SD - KINDER MORGAN, INC. (0001506307) (Filer)

      5/21/25 4:52:14 PM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Chronis Amy W bought $55,790 worth of Class P Common Stock (2,241 units at $24.89), increasing direct ownership by 10% to 23,995 units (SEC Form 4)

      4 - KINDER MORGAN, INC. (0001506307) (Issuer)

      11/6/24 5:51:04 PM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • Director Chronis Amy W bought $200,986 worth of Class P Common Stock (9,732 units at $20.65), increasing direct ownership by 81% to 21,754 units (SEC Form 4)

      4 - KINDER MORGAN, INC. (0001506307) (Issuer)

      8/6/24 5:43:56 PM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    Financials

    Live finance-specific insights

    See more
    • Kinder Morgan Announces Second Quarter '25 Earnings Webcast

      Kinder Morgan, Inc. (NYSE:KMI) today announced it will release second quarter 2025 earnings results on Wednesday, July 16, 2025, after market close and will hold a live webcast and conference call. What: Kinder Morgan Second Quarter ‘25 Earnings Results Webcast When: July 16, 2025, at 3:30 p.m. CT, 4:30 p.m. ET Where: http://ir.kindermorgan.com/presentations-webcasts How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-210-234-0028 and entering the passcode 7516233. If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com. A recording of the conference call will also be avail

      7/9/25 8:30:00 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • ARCLIGHT ACQUIRES INTEREST IN NATURAL GAS PIPELINE COMPANY OF AMERICA, ONE OF THE LARGEST NATURAL GAS INFRASTRUCTURE ASSETS IN NORTH AMERICA

      NGPL PROVIDES CRITICAL TRANSPORTATION, STORAGE & RELIABILITY AND IS STRATEGICALLY POSITIONED TO HELP MEET AI, DIGITAL POWER & LNG RELATED GROWTH BOSTON, May 13, 2025 /PRNewswire/ -- ArcLight Capital Partners, LLC announced its managed fund (collectively, "ArcLight") has acquired a 25% interest in Natural Gas Pipeline Company of America ("NGPL"), a strategic natural gas infrastructure system. As a result of the transaction, ArcLight will become the largest owner of NGPL with a 62.5% economic ownership interest, alongside its strategic partner Kinder Morgan, Inc. (NYSE:KMI). Kinder Morgan continues to own a 37.5% economic interest and operates NGPL.  NGPL is one of the largest interstate pipel

      5/13/25 9:00:00 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • Kinder Morgan Reports First Quarter 2025 Financial Results

      Approves Cash Dividend of $0.2925 per share ($1.17 annualized) Added $900 Million to Project Backlog Closed $640 Million Outrigger Acquisition Kinder Morgan, Inc.'s (NYSE:KMI) board of directors today approved a cash dividend of $0.2925 per share for the first quarter ($1.17 annualized), payable on May 15, 2025 to stockholders of record as of the close of business on April 30, 2025. This dividend is a 2% increase over the first quarter of 2024. KMI is reporting: First quarter net income attributable to KMI of $717 million, compared to $746 million in the first quarter of 2024; and Adjusted net income attributable to KMI of $766 million, 1% higher than the first quarter of 2024. Adju

      4/16/25 4:05:00 PM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Kinder Morgan Inc.

      SC 13G/A - KINDER MORGAN, INC. (0001506307) (Subject)

      11/12/24 3:50:43 PM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • Amendment: SEC Form SC 13G/A filed by Kinder Morgan Inc.

      SC 13G/A - KINDER MORGAN, INC. (0001506307) (Subject)

      11/4/24 11:48:53 AM ET
      $KMI
      Natural Gas Distribution
      Utilities
    • SEC Form SC 13G/A filed by Kinder Morgan Inc. (Amendment)

      SC 13G/A - KINDER MORGAN, INC. (0001506307) (Subject)

      1/30/24 2:43:44 PM ET
      $KMI
      Natural Gas Distribution
      Utilities

    $KMI
    Leadership Updates

    Live Leadership Updates

    See more
    • TriNetX Appoints New Members to Board of Directors

      CAMBRIDGE, Mass., Feb. 22, 2021 /PRNewswire/ -- TriNetX, the global health research network that revolutionizes clinical research and enables discoveries through the generation of real-world evidence (RWE), today announced the appointment of four new members to the company's board of directors including the appointment of former Pfizer CEO and Chairman Ian Read as the company's new Chairman of the Board. The changes to the TriNetX board follows the acquisition of a majority stake in the company by The Carlyle Group in October. In addition to Mr. Read, the new members of the TriNetX board are Steve Wise, Joe Bress, and Ashley Evans from Carlyle. They join current board members Gadi Lachman, J

      2/22/21 9:00:00 AM ET
      $KMI
      $ZI
      Natural Gas Distribution
      Utilities
      Computer Software: Prepackaged Software
      Technology