Kinder Morgan partners with Phillips 66 and HF Sinclair on $5B pipeline
The companies finalize a joint venture for the Western Gateway Pipeline. The project connects Gulf Coast assets to California markets.
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North American energy infrastructure company
kindermorgan.comLast updated
In short: Kinder Morgan reported record financial results for the first half of 2026 and raised its outlook amid growing natural gas and LNG demand.
The companies finalize a joint venture for the Western Gateway Pipeline. The project connects Gulf Coast assets to California markets.
EPS rose 22% to $0.39; adjusted EPS up 32%. Dividend increased 2% to $0.2975 per share.
Net income reaches $976 million, up 36%; Adjusted EPS rises 41% to $0.48. Dividend increases 2% to $0.2975 per share. Project backlog grows to $10.1 billion.
Phillips 66 and Kinder Morgan proceed after successful open season securing shipper commitments. The pipeline connects Midwest and Gulf Coast to Arizona and California, targeting mid-2029 service.
Analysts expect the new Solitude Pipeline to ease Waha pricing constraints but say pipeline utilization may lag until production catches up.
Kinder Morgan (NYSE:KMI) expects its natural gas business to remain its primary growth engine, supported by rising demand tied to liquefied natural gas exports and...
KINDER MORGAN'S KMI.N COLORADO INTERSTATE GAS COMPANY, L.L.C : * DECLARES FORCE MAJEURE AT LINE 155A BETWEEN GREASEWOOD AND WAMSUTTER * SAYS IT HAS IDENTIFIED...
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst...
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