Kinder Morgan raises FY26 adjusted EPS view to $1.37 from $1.27

Consensus $1.37. “We expect approximately 4% growth in Adjusted EBITDA and 8% growth in Adjusted EPS compared to the 2025 guidance we provided on the third quarter earnings call, driven by continued execution on expansion projects in our Natural Gas Pipelines business segment,” said Kim Dang, KMI Chief Executive Officer. “We are projecting an annualized dividend of $1.19 for 2026, marking the ninth consecutive year of dividend increases. Our year-end 2026 Net Debt-to-Adjusted EBITDA ratio is forecast at 3.8 times, remaining at the low end of our 3.5x-4.5x target range and preserving flexibility for opportunistic investments,” Dang concluded. “We expect to continue benefiting from strong natural gas market fundamentals, supporting growth on our existing transportation and storage assets and creating expansion opportunities. Our base business remains stable, with growth primarily driven by expansion projects in our Natural Gas Pipelines segment,” said Tom Martin, KMI President.