KINDER MORGAN, INC.

Kinder Morgan Q2 FY26 — Strong Outperformance and Raised Full-Year Guidance

• Strength Adjusted EBITDA increased 12% compared to Q2 2025, with broad-based growth across all business segments.
• Watch Sanctioned backlog decreased from $10.1 billion to $9.6 billion, though largely offset by new additions and contingently approved projects.

Kinder Morgan Q1 FY26 — Strong Outperformance Driven by Natural Gas Demand and Strategic Backlog Growth

• Strength Adjusted EPS increased 41% and EBITDA grew 18% in Q1 FY26 compared to Q1 FY25.
• Watch Refined product volumes were down 2% in Q1 FY26 compared to Q1 FY25.

Kinder Morgan Q4 FY25 — Record Performance Driven by Natural Gas and Strong Project Backlog

• Strength Adjusted EBITDA up 10% in Q4 FY25 compared to Q4 FY24.

Kinder Morgan Q3 FY25 — Strong Natural Gas Performance & Growth Project Execution

• Strength EBITDA increased 6% year-on-year, reflecting strong business performance.
• Watch Lower than budgeted D3 RIN prices impacted overall performance.

Kinder Morgan Q2 FY25 — Strong Growth and Expanding Project Backlog

• Strength Adjusted EBITDA increased by 6% over Q2 2024.
• Watch Tariffs are estimated to impact large project costs by roughly 1%, though not significantly impacting project economics.

Kinder Morgan Q1 FY25 — Strong Natural Gas Demand and Project Backlog Growth

• Strength Added approximately $900 million to project backlog, reaching $8.8 billion, with over 70% focused on power demand.
• Watch Natural Gas gathering volumes decreased 6% YoY, primarily due to lower Haynesville production, and are expected to be 2% below 2025 budget for the full year.