Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Operational Updates | General News

Kinder Morgan Talks 2016 Strategy, Outlook

printPrint    |   
Kinder Morgan Talks 2016 Strategy, Outlook

Kinder Morgan, Inc. has announced its outlook for 2016.

Highlights: DCF per share growing as businesses expected to generate slightly over $5 billion of cash in 2016 KMI expects to declare dividends of $.50 per share for 2016 and use excess cash to fund growth investments No need to access equity markets for the foreseeable future KMI to take required action to maintain investment grade rating

The company announced that its Board of Directors has approved a plan pursuant to which it expects to pay quarterly dividends of $.125 per share to its common stockholders ($.50 annually), down from its current quarterly level of $.51, beginning with the fourth quarter 2015 dividend payable in February 2016. This dividend enables the company to use a significant portion of its large cash flow to…

Finish this article — free account or subscription
  • ✓  Full news archive — U.S., Canada & international coverage
  • ✓  A&D transactions — asset deals, corporate M&A, assets for sale
  • ✓  Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in


North America News