Skip to main content Financial Overview – Kinder Morgan, Inc. Investor Presentation | Shale Experts
Loading...
Pm

Financial Overview – Kinder Morgan, Inc.

Kinder Morgan, Inc. · Jan 28, 2015 · 12 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Financial Overview – Kinder Morgan, Inc. – slide 1
    Financial Overview Kimberly Dang Chief Financial Officer
  2. Financial Overview – Kinder Morgan, Inc. – slide 2
    2015 Budgeted Distributable Cash Flow (DCF) (millions, except per share) 2015 2014 Change Budget Actual % Distributable cash flow Net Income before certain items 1,903 2,340 (437) -19% (a) DD&A, including KMI share of JV DD&A…
  3. Financial Overview – Kinder Morgan, Inc. – slide 3
    2015 Budgeted Income (millions, except per share) 2015 2014 Change Budget Actual % Segment earnings before DD&A (EBDA) Natural Gas Pipelines 4,093 4,069 24 1% CO2 1,343 1,458 (115) -8% Products Pipelines 1,114 860 254 29%…
  4. Financial Overview – Kinder Morgan, Inc. – slide 4
    2015 Budgeted Quarterly Profile ( in millions, except per share) Q1 Q2 Q3 Q4 Total (a) Total segment EBDA plus JV DD&A 2015 Budget 25% 24% 24% 27% 8,197 2014 25% 24% 25% 26% 7,844 2013 24% 24% 25% 27% 7,237 2012 22% 23% 27% 28%…
  5. Financial Overview – Kinder Morgan, Inc. – slide 5
    2015 Budget Assumptions / Highlights Business segments Natural Gas Pipelines Growth driven by South Texas expansion projects, incremental transport revenues on TGP and EPNG and incremental Eagle Ford volumes Growth partially offset…
  6. Financial Overview – Kinder Morgan, Inc. – slide 6
    2015 Cash Tax Budget Calculation Detail ( in millions) 2015 Budget Segment EBDA 7,879 Noncontrolling interest (21) JV earnings from c-corps (149) JV distributions from c-corps (net of 80% DRD) 40 JV Book DD&A (pass-thru…
  7. Financial Overview – Kinder Morgan, Inc. – slide 7
    2015 Sustaining Capital Budget ( in millions) 2015 2014 Budget Actual Change Sustaining capital expenditures(a) Natural Gas Pipelines 275 234 41 CO2 16 12 3 Products Pipelines 57 48 9 Terminals 169 152 17 Kinder Morgan Canada 54…
  8. Financial Overview – Kinder Morgan, Inc. – slide 8
    2015 Growth Capital Budget ( in millions) 2015 2014 Budget Actual Growth capital(a) Natural Gas Pipelines 2,002 1,161 CO2 1,237 853 Products Pipelines 327 620 Terminals 731 858 Kinder Morgan Canada 84 95 Subtotal 4,381 3,588…
  9. Financial Overview – Kinder Morgan, Inc. – slide 9
    2015 Financing Plan Budget ( in millions) 2015 Budget Equity 1,400 Debt Long-term debt issuance 4,000 Increase in revolver(a) 297 Maturities (1,316) Incremental debt 2,981 Total 4,381 __________________________ Note:…
  10. Financial Overview – Kinder Morgan, Inc. – slide 10
    Credit Ratios and Liquidity(a) ( in millions) Credit Ratios 2015 2011 2012 2013 2014 Budget Net debt(b) to EBITDA 4.5x 5.4x 5.0x 5.5x 5.6x EBITDA to interest 5.0x 4.0x 3.9x 4.1x 3.6x Revolver Capacity(c) Long-term Debt…
  11. Financial Overview – Kinder Morgan, Inc. – slide 11
    2015 Budget Summary KMI budget Declare 2.00 per share in dividends (15% growth over 2014) 654 million in excess coverage Generate 8.2 billion of segment EBDA Year-end 2015 net debt to EBITDA of 5.6x 11
  12. Financial Overview – Kinder Morgan, Inc. – slide 12

From the store

Browse maps, data & reports in the Shale Experts store