# Kinder Morgan Reports Record Third Quarter 2026 Financial Results

> Kinder Morgan's third quarter 2026 earnings hit record highs with $764 million net income and $14.4 billion expansion project backlog.
- Title: Kinder Morgan Reports Record Third Quarter 2026 Financial…
- Summary: Kinder Morgan's third quarter 2026 earnings hit record highs with $764 million net income and $14.4 billion expansion project backlog. Kinder Morgan reported…
- Keywords: kinder morgan, third quarter 2026, net income, expansion project backlog, natural gas, dividend, adjusted eps, ebitda, money, business, Kinder, Morgan
- Source: Financialpost — https://financialpost.com/pmn/business-wire-news-releases-pmn/kinder-morgan-reports-record-third-quarter-2026-financial-results
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- Topics: kinder morgan, third quarter 2026, net income, expansion project backlog, natural gas, dividend, adjusted eps, ebitda, money, business
## Record Third Quarter Results
Kinder Morgan reported record third quarter 2026 results with $764 million net income and $14.4 billion expansion project backlog.
## Financial Performance
Earnings per share and adjusted earnings per share both rose 21% compared to 2025, with adjusted EBITDA up 9%.
## Dividend Increase
Kinder Morgan announced a $0.2975 per share third quarter dividend, a 2% increase over 2025.
## Expansion Project Backlog
The company's expansion project backlog reached $14.4 billion, including $13.2 billion in natural gas projects.
## New Projects
Two major projects in the backlog include Southern Natural Gas Company's Southeast Connector and Natural Gas Pipeline Company of America's Permian Link.
## Project Details
Each project transports over 2.5 billion cubic feet per day of natural gas and will be among the largest pipeline projects in decades.
## 2026 Outlook
KMI budgeted $3.1 billion net income, $1.36 adjusted EPS, and a Net Debt-to-Adjusted EBITDA ratio of 3.8 times for 2026.
## Future Plans
Kinder Morgan expects to end 2026 with a Net Debt-to-Adjusted EBITDA ratio of 3.6 times, 0.2 times better than budget.
## Key takeaway

Kinder Morgan reported record third quarter 2026 results with $764 million net income and $14.4 billion expansion project backlog.