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Kinder Morgan's Net Income Down 6% to $2.39B, But Adjusted EBITDA Up Slightly

KMI10-KFiling Date: 2/20/2024
Kinder Morgan, Inc.
Description

What this story covers

Kinder Morgan's 2023 net income fell 6 percent to 2 point 39 billion dollars due to higher interest and lower commodity prices, yet Adjusted EBITDA slightly rose. Strong operating cash flow supports dividends and growth, despite significant debt and regulatory challenges like the EPA's "Good Neighbor Plan."

Story snapshot

CompanyKinder Morgan, Inc.
TickerKMI
VariantStandard detailed
Duration30:32
Filing type10-K
PeriodAnnual 2023
IndustryEnergy
Accession0001506307-24-000011

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