[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  LongYield [@LongYield](/creator/twitter/LongYield) on x 4480 followers Created: 2025-07-20 17:22:29 UTC $KMI Kinder Morgan, Inc. Earnings Call Key Highlights: 🌍 Global Natural Gas Demand and U.S. LNG Export Advantage Global gas demand is projected to grow XX% by 2050, fueled by population and economic growth in Asia and Africa, where LNG is the primary solution due to limited domestic resources. The U.S. has led global natural gas production for XX years and became the top LNG exporter in 2023, a position strengthened by global geopolitical tensions and supply security concerns. U.S. LNG feed gas demand is forecasted to rise by XXX Bcf/d in summer 2025 and more than double by 2030; Kinder Morgan transports ~40% of this feed gas. Kinder Morgan's extensive infrastructure uniquely positions it to benefit from both international LNG demand and growing domestic industrial and power sector consumption. 📈 Strong Financial Results and Upward Guidance Q2 2025 adjusted EBITDA rose X% YoY, while adjusted EPS increased 12%; GAAP EPS was $0.32, and adjusted EPS was $XXXX. Net income attributable to KMI was $XXX million, up XX% YoY; adjusted net income was $XXX million. Full-year 2025 performance is projected to exceed original budget due to the Outrigger acquisition; EBITDA growth now expected at X% vs. X% originally budgeted. Net debt totaled $XXXX billion with a 4.0x net debt-to-EBITDA ratio, expected to improve to 3.9x by year-end. 🛠️ Backlog Growth and Capital Deployment Project backlog rose from $XXX billion to $XXX billion in Q2, with $XXX billion in new projects added and $XXX million placed in service. Major additions include Trident Phase 2, Louisiana Line Texas Access, two NGPL power projects, and a $XXX million investment in KinderHawk for Haynesville gas gathering. Approximately XX% of the backlog now serves power generation demand; projects are underpinned by long-term contracts and maintain average investment multiples around 5.6x. Recent project activity reflects Kinder Morgan’s continued success in securing demand-pull infrastructure driven by LNG and utility growth. ⚡ Natural Gas Business Trends and Expansion Activity Natural gas transport volumes grew X% YoY, driven by increased LNG demand and new contracts, particularly on Tennessee Gas and Texas Intrastate systems. Gathering volumes declined X% YoY due to earlier 2024 price softness but are expected to grow X% for the year as production ramps to support LNG demand. Incremental pipeline opportunities continue to emerge, particularly supporting Gulf Coast LNG, data centers, and utility-scale power plants. Trident pipeline capacity expanded from XXX to XXX Bcf/d with compression additions, demonstrating Kinder Morgan’s ability to flex infrastructure in response to demand. ⛽ Refined Products, Terminals, and CO₂ Segment Updates Refined products and crude volumes both rose X% YoY; full-year refined products volumes expected to be up X% versus 2024 and flat to budget. Liquids terminal lease capacity remains strong at 94%, supported by high utilization and firm rates in Houston and New York hubs. Jones Act fleet is fully leased through 2025, with XX% utilization through 2027 and average contract terms extended to X years. CO₂ segment saw mixed results: NGL volumes up 13%, oil down 3%, and CO₂ volumes down X% YoY; full-year oil forecast is X% below 2024.  XXX engagements  **Related Topics** [asia](/topic/asia) [lng](/topic/lng) [quarterly earnings](/topic/quarterly-earnings) [$kmi](/topic/$kmi) [kinder morgan inc](/topic/kinder-morgan-inc) [stocks energy](/topic/stocks-energy) [Post Link](https://x.com/LongYield/status/1946984067628425301)
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LongYield @LongYield on x 4480 followers
Created: 2025-07-20 17:22:29 UTC
$KMI Kinder Morgan, Inc. Earnings Call Key Highlights:
🌍 Global Natural Gas Demand and U.S. LNG Export Advantage
Global gas demand is projected to grow XX% by 2050, fueled by population and economic growth in Asia and Africa, where LNG is the primary solution due to limited domestic resources.
The U.S. has led global natural gas production for XX years and became the top LNG exporter in 2023, a position strengthened by global geopolitical tensions and supply security concerns.
U.S. LNG feed gas demand is forecasted to rise by XXX Bcf/d in summer 2025 and more than double by 2030; Kinder Morgan transports ~40% of this feed gas.
Kinder Morgan's extensive infrastructure uniquely positions it to benefit from both international LNG demand and growing domestic industrial and power sector consumption.
📈 Strong Financial Results and Upward Guidance
Q2 2025 adjusted EBITDA rose X% YoY, while adjusted EPS increased 12%; GAAP EPS was $0.32, and adjusted EPS was $XXXX.
Net income attributable to KMI was $XXX million, up XX% YoY; adjusted net income was $XXX million.
Full-year 2025 performance is projected to exceed original budget due to the Outrigger acquisition; EBITDA growth now expected at X% vs. X% originally budgeted.
Net debt totaled $XXXX billion with a 4.0x net debt-to-EBITDA ratio, expected to improve to 3.9x by year-end.
🛠️ Backlog Growth and Capital Deployment
Project backlog rose from $XXX billion to $XXX billion in Q2, with $XXX billion in new projects added and $XXX million placed in service.
Major additions include Trident Phase 2, Louisiana Line Texas Access, two NGPL power projects, and a $XXX million investment in KinderHawk for Haynesville gas gathering.
Approximately XX% of the backlog now serves power generation demand; projects are underpinned by long-term contracts and maintain average investment multiples around 5.6x.
Recent project activity reflects Kinder Morgan’s continued success in securing demand-pull infrastructure driven by LNG and utility growth.
⚡ Natural Gas Business Trends and Expansion Activity
Natural gas transport volumes grew X% YoY, driven by increased LNG demand and new contracts, particularly on Tennessee Gas and Texas Intrastate systems.
Gathering volumes declined X% YoY due to earlier 2024 price softness but are expected to grow X% for the year as production ramps to support LNG demand.
Incremental pipeline opportunities continue to emerge, particularly supporting Gulf Coast LNG, data centers, and utility-scale power plants.
Trident pipeline capacity expanded from XXX to XXX Bcf/d with compression additions, demonstrating Kinder Morgan’s ability to flex infrastructure in response to demand.
⛽ Refined Products, Terminals, and CO₂ Segment Updates
Refined products and crude volumes both rose X% YoY; full-year refined products volumes expected to be up X% versus 2024 and flat to budget.
Liquids terminal lease capacity remains strong at 94%, supported by high utilization and firm rates in Houston and New York hubs.
Jones Act fleet is fully leased through 2025, with XX% utilization through 2027 and average contract terms extended to X years.
CO₂ segment saw mixed results: NGL volumes up 13%, oil down 3%, and CO₂ volumes down X% YoY; full-year oil forecast is X% below 2024.
XXX engagements
Related Topics asia lng quarterly earnings $kmi kinder morgan inc stocks energy