Kinder Morgan, Inc. (NYSE:KMI) Q3 2025 Earnings Call October 22, 2025 4:30 PM EDT

Company Participants

Richard Kinder – Executive Chairman of the Board
Kimberly Dang – CEO & Director
Thomas Martin – President
David Michels – VP & CFO
Sital Mody – VP & President of Natural Gas Pipelines

Conference Call Participants

Theresa Chen – Barclays Bank PLC, Research Division
Jeremy Tonet – JPMorgan Chase & Co, Research Division
Julien Dumoulin-Smith – Jefferies LLC, Research Division
Michael Blum – Wells Fargo Securities, LLC, Research Division
John Mackay – Goldman Sachs Group, Inc., Research Division
Spiro Dounis – Citigroup Inc., Research Division
Keith Stanley – Wolfe Research, LLC
Zackery Van Everen – Tudor, Pickering, Holt & Co. Securities, LLC, Research Division
Brandon Bingham – Scotiabank Global Banking and Markets, Research Division
Jason Gabelman – TD Cowen, Research Division
David Winans – PGIM Fixed Income, Research Division
Jean Ann Salisbury – BofA Securities, Research Division

Presentation

Operator

Good afternoon, and thank you for standing by. Welcome to the Third Quarter 2025 Earnings Results Conference Call.

[Operator Instructions]

Today’s conference is being recorded. If you have any objections, you may disconnect at this time.

It is now my pleasure to turn the call over to Mr. Rich Kinder, Executive Chairman of Kinder Morgan.

Richard Kinder
Executive Chairman of the Board

Thank you, Michelle. As usual, before we begin, I’d like to remind you that KMI’s earnings release today and this call include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934 as well as certain non-GAAP financial measures. Before making any investment decision, we strongly encourage you to read our full disclosures on forward-looking statements and use of non-GAAP financial measures set forth at the end of our earnings release as well as review our latest filings with the SEC for important material assumptions, expectations and risk factors that may

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