Globally, the Need for Energy is Growing Natural gas and petroleum demand expected to grow for decades to come STEADY GROWTH IN GLOBAL ENERGY DEMAND DEMAND GROWTH DRIVEN BY DEVELOPING ECONOMIES Billion tons of oil equivalent % of…
U.S. is the Largest Oil and Gas Producer in the World Abundant supply enables growing U.S. role as exporter OIL AND GAS PRODUCTION Long runway of expected growth in U.S. oil and gas production Million barrels of oil equivalent per day…
Kinder Morgan: Leader in Energy Infrastructure Unparalleled and irreplaceable asset footprint built over decades CO2 S&T Natural Gas Largest natural gas transmission network CO2 oil production 6%4% Pipelines 70,000 miles of natural gas…
Our Strategy Stable, fee-based assets Financial flexibility Disciplined capital allocation Enhancing shareholder value Core energy Low cost of capital Conservative Attractive projects infrastructure assumptions Recent credit…
A Core Energy Infrastructure Holding Significant cash flow generation, returning significant value to shareholders 40 billion market capitalization One of the 10 largest energy companies in the S&P 500 Investment grade rated…
Significant Growth Projected for U.S. Natural Gas Kinder Morgan transports 40% of all natural gas consumed in the U.S. U.S. NATURAL GAS PRODUCTION U.S. NATURAL GAS DEMAND Bcfd Bcfd Growth Sector 2018 2030E Bcfd % Marc./Utica, 26 Net…
U.S. Natural Gas Demand is Concentrated in Gulf Coast 70% of forecasted 2018-2030 growth transits Texas and Louisiana, where we have significant assets in place Forecasted Texas and Louisiana demand and export growth between 2018 and…
Project Highlights: Gulf Coast Express and Permian Highway Providing Permian natural gas production with broad U.S. Gulf Coast market optionality Gulf Coast Express (GCX) Permian Highway Pipeline (PHP) Mainline: 448 miles of 42 pipeline…
Strong Liquids Fundamentals Attractive opportunities to supply U.S. products to consumers here and abroad GLOBAL LIQUIDS CONSUMPTION EXPECTED TO EXCEED GROWTH LED BY CHINA AND INDIA (2018 2020) 100 MILLION BARRELS PER DAY BY 2019 World…
Leading Refined Products Terminal Hub on U.S. Gulf Coast Our premier refined products aggregation and market-clearing terminaling hub on the Houston Ship Channel Largest independent refined products terminal hub in U.S. Our Integrated…
Beyond the Backlog Strong long-term fundamentals to drive additional opportunities Takeaway for Storage to support Grow crude and significant renewable power Infrastructure to NGL footprint out Marcellus / Utica generation and…
KMI: A Compelling Investment Opportunity Strategically-positioned assets generating substantial cash flow with significant long-term growth opportunities 90% take-or-pay or fee-based earnings (a) 8 billion 2019B Adjusted…
Appendix 21
Averaged 2.5 Billion of Discretionary Capital since 2008 ANNUAL GROWTH CAPITAL & CONTRIBUTIONS TO JVs(a,b) billions Expansion Average 3.4 3.3 3.2 3.2 3.1 3.0 2.5 2.7 2.3 2.3 1.7 1.4 1.1 2008 2009 2010 2011 2012…
High-Quality, Diversified Customer Base Strong customer credit, valuable services limit KMIs risk TOP 25 CUSTOMERS Diverse, primarily investment grade customers limit counterparty risk BB+ to BB B- or Below Our average customer…
Environmental, Social and Governance (ESG) ENVIRONMENTAL & SAFETY CORPORATE GOVERNANCE ESG RESOURCES Leader in methane emission reductions 13 independent board members out Disclosure: of 16 - 2017 ESG Report SASB and TCFD - 20+ years…
KMI Business Risks Summary Regulatory FERC rate cases (Products Pipelines and Natural Gas Pipelines) Provincial, state, and local permitting issues CO2 crude oil production volumes Throughput on our volume-based assets Commodity…
Natural Gas Segment Overview Connecting key natural gas resources with major demand centers Asset Summary Natural Gas Pipelines: 70,000 Miles NGL Pipelines: 2,700 Miles U.S. Natural Gas Consumption Moved: 40% Working Gas Storage…
Growth Driver: Buildout of U.S. LNG Exports Our natural gas network serves significant LNG export capacity and is well-positioned to capture more GLOBAL DEMAND DRIVING SIGNIFICANT BUILDOUT OF U.S. LNG OUR NETWORK REACHES MULTIPLE EXPORT…
Growth Driver: Surging Permian Production Building 4 Bcfd of new natural gas takeaway capacity Ability to leverage our assets to competitively serve future growth Our existing footprint reaches across Texas and connects into all major…
FERC-Regulated Interstate Natural Gas Assets Summary statistics, including remaining contract term and rate moratorium dates (where applicable) Transport Storage Avg. Remaining % of 2017 Revenues KM Capacity Capacity Contract Term from…
Terminals Segment Overview Diversified terminaling network connected to key refining centers and market hubs Asset Summary Total Kinder Morgan Terminals: 157 Terminals Terminals Segment Bulk 34 Terminals Terminals Segment Liquids 56…
CO2 Segment Overview World class, fully integrated assets CO2 source to crude oil production and takeaway in the Permian Basin KMI Remaining OGIP CO2 Reserves Interest NRI Location Deliverability (tcf) McElmo Dome 45% 37% SW Colorado…
CO2 Segments Significant Returns and CO2 Free Cash Flow Long history of generating high returns and significant CO 2 free cash flow with minimal acquisitions CO2 IRR% 2000-2018 SIGNIFICANT CO2 FREE CASH FLOW millions 1,432 1,458 Oil…
KMI GAAP Reconciliation in millions Yr. Ended Yr. Ended Reconciliation of DCF 12/31/18 Reconciliation of Adjusted EBITDA 12/31/18 Net Income 1,919 Net Income 1,919 Noncontrolling interests (a) (310) Total Certain Items 501 Preferred…
Reconciliation of CO2 Free Cash Flow in millions Year Ended December 31, Reconciliation of CO2 Free Cash Flow 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Segment EBDA 783 965 1,099 1,322 1,435 1,240 657 827 847 759 Certain…