Kinder Morgan, Inc. has reported record financial results for the third quarter of 2026, marking a significant milestone for the company. The announcement comes as the company continues to strengthen its position in the natural gas transmission industry, which is characterized by increasing demand and expansion opportunities.
On October 21, 2026, Kinder Morgan released its preliminary financial results for the quarter ending September 30, 2026, revealing a net income attributable to the company of $764 million, up from $628 million in the same quarter of 2025. Adjusted net income, which excludes certain items, was reported at $792 million, reflecting a 22% increase year-over-year. The company also noted that adjusted EBITDA reached $2.18 billion, a 9% increase compared to the previous year.
The company’s earnings per share (EPS) for the quarter stood at $0.34, while adjusted EPS was $0.35, both representing a 21% increase from the third quarter of 2025. Kinder Morgan's board of directors also approved a cash dividend of $0.2975 per share, a 2% increase over the same period last year, payable on November 16, 2026.
Founded in 1997 and headquartered in Houston, Texas, Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. It operates in the natural gas transmission sector, classified under SIC code 4922. The company is publicly traded on the New York Stock Exchange under the ticker symbol KMI.
According to the filing, Kinder Morgan's expansion project backlog has reached an all-time high of $14.4 billion, with $5.4 billion added in the latest quarter. This includes the largest natural gas project backlog in the company's history, totaling $13.2 billion. Notable projects include the Southeast Connector and the Permian Link, both designed to transport over 2.5 billion cubic feet per day of natural gas.
Executive Chairman Richard D. Kinder attributed the company's strong performance to its strategic network of assets and long-term contracts with financially stable customers. He stated, “Our natural gas business is benefiting from increasing LNG exports, rising power demand, and industrial expansion.”
Chief Executive Officer Kim Dang emphasized the significance of the new projects, particularly those that will optimize energy flows in various regions of the U.S. She noted, “This quarter we increased our expansion project backlog to $14.4 billion, including the largest natural gas project backlog in company history.”
The filing indicates that Kinder Morgan plans to hold a webcast conference call on October 21, 2026, to discuss these results in further detail. This update not only highlights Kinder Morgan's robust financial health but also underscores the company's proactive approach to capitalizing on growth opportunities in the natural gas sector.
As the natural gas industry continues to evolve, Kinder Morgan's record results and expanded project backlog position the company well for future growth. The filing, accession number 0001506307-26-000130, provides a comprehensive look at the company's financial condition and operational achievements.