Kinder Morgan posts record Q3 2026 earnings and raises dividend
+1 new source since this summary was written
Kinder Morgan reported record third‑quarter 2026 results, posting net income of $764 million and adjusted EBITDA of $2.18 billion. Adjusted earnings per share were $0.35, up 21% year‑over‑year, and the board approved a cash dividend of $0.2975 per share, a 2% increase. The company added $5.4 billion to its project backlog, bringing total backlog to $14.4 billion, and said the strong performance supports continued dividend growth and a healthy balance sheet.
Why it matters
The higher dividend and strong cash‑flow generation may attract income‑focused investors. The expanded backlog and improved leverage give investors confidence in future earnings growth.
Key facts
- 1Net income attributable to Kinder Morgan was $764 million for Q3 2026, up 22% from the prior year. marketscreener.com
- 2Adjusted EBITDA for the quarter was $2.18 billion, a 9% increase year‑over‑year. marketscreener.com
- 3Adjusted earnings per share were $0.35, 21% higher than Q3 2025. marketscreener.com
- 4The board approved a cash dividend of $0.2975 per share, 2% higher than the prior quarter. marketscreener.com
- 5The project backlog grew to $14.4 billion, up $5.4 billion during the quarter. finance.yahoo.com
- 6Net debt‑to‑adjusted‑EBITDA stood at about 3.5 times at quarter‑end, down from 3.8 times at the start of the year. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.