2022 Budget Sensitivities and Financial Projections slide image

2022 Budget Sensitivities and Financial Projections

2022 Budget Summary $ in billions, except per share Key metrics Net income Adjusted EBITDA 2021 2022 Increase 2021 excluding Uri Budget excluding Uri $1.8 $0.9 $2.5 >2.5x $7.9 $6.9 $7.2 5% Distributable Cash Flow $5.5 $4.4 $4.7 8% (DCF) Discretionary capital(a) $2.3 $1.3 Dividend share (b) $1.08 $1.11 Year-end Net Debt / 3.9x Adj. EBITDA (b) 4.3x KINDER MORGAN ~$890 million CFFO - capital expenditures - dividends (c) We expect net income, EBITDA and DCF to be favorable to budget due to stronger than expected commodity prices and favorable operating results from our Natural Gas and CO2 business segments, partially offset by higher costs Note: See Non-GAAP Financial Measures & Reconciliations. a) Includes growth capital & JV contributions for expansion capital, debt repayments & net of partner contributions for our consolidated JVs. b) No share repurchases assumed in 2022 budget. c) Per Statement of Cash Flows. 8
View entire presentation