Kinder Morgan reports record results and expands backlog for Kinder Morgan stock

Published on 10/29/2026 at 12:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kinder Morgan reported record third-quarter results and expanded its gas project backlog. Kinder Morgan stock stood at EUR 30.27 on October 29, 2026.

Results and expansion backlog

Kinder Morgan reported USD 764 million in third-quarter net income on October 21, 2026.
The project backlog reached USD 14.4 billion, including USD 13.2 billion in natural gas projects.
Kinder Morgan stock stood at EUR 30.27 at 12:00 p.m. CET at Lang & Schwarz on October 29, 2026.

Kinder Morgan, US49456B1017, Illustration mit AI erstellt.

Kinder Morgan (ISIN US49456B1017) reported record third-quarter results and added major natural gas projects to its expansion backlog, according to the Kinder Morgan release dated October 21, 2026. Net income attributable to Kinder Morgan reached USD 764 million for the third quarter, up from USD 628 million a year earlier.

Record quarter supports expansion

Adjusted earnings per share rose 21 percent year over year to USD 0.35, while adjusted EBITDA increased 9 percent to USD 2.18 billion. Revenue reached USD 4.531 billion for the three months ended September 30, 2026, compared with USD 4.146 billion in the same period of 2025.

The operating backdrop also widened. Kinder Morgan said its expansion project backlog reached USD 14.4 billion at the end of the third quarter, up USD 4.7 billion from the second quarter. Natural gas projects accounted for USD 13.2 billion, the largest natural gas backlog in the company's history.

What does the backlog mean?

Two major projects reached final investment decisions during the quarter. The Southeast Connector is designed to transport up to 2.6 billion cubic feet per day and carries a projected Kinder Morgan share of USD 3.1 billion. Permian Link is designed for about 2.8 billion cubic feet per day, with a projected company share of USD 1.6 billion.

Kinder Morgan expects both projects to enter service in 2030, subject to permits and approvals. The company also sanctioned additional Creekside Lateral phases worth USD 95 million and USD 55 million, with service phases expected in the fourth quarter of 2026 and the fourth quarter of 2027.

Dividend and stock snapshot

The board approved a quarterly dividend of USD 0.2975 per share, payable November 16, 2026, to shareholders of record at the close of business on November 2, 2026. The dividend is 2 percent higher than in the third quarter of 2025.

Kinder Morgan stock was trading at EUR 30.27 at Lang & Schwarz on October 29, 2026 at 12:00 p.m. CET. The company's primary listing is on the NYSE in USD, while the German market indication is quoted in euros.

The further course of trading is shown by the continuously updated real-time quote of Kinder Morgan stock.