Investor Presentation
Compelling Investment Opportunity
Strategically-positioned assets generating substantial cash flow with attractive investment opportunities
Pacific
Northern
Ruby
Calnev
Mojave
TERMINALS
NATURAL GAS
PRODUCTS
A terminals
A
TCGT
• storage
processing
LNG terminals
KM Midstream
Double H
WIC
CIG
CP
NGPL
EPNG
Cortez
CO2
CO2 source fields
oil fields
terminals
16 Jones Act tankers
+
operational RNG Plants
RNG plants under construction
KM Midstream
FEP
MEP
-
LNG production & fueling facilities
Utopia
TGP
NGPL
TGP
PPL
Elba Express
SNG
ELC
Pacific
Sierrita
Wink
KM Midstream
KMLP
GLNG
FGT
PHP
GCX
Cypress
CEPL
Stagecoach
KINDER MORGAN
Stable cash flows with ~72% take-or-pay or
hedged earnings(a)
~6% current yield & healthy dividend coverage
Top 10 dividend yield in S&P500
Dividends & capex funded with operating cash
flow since 2016
$1.4 billion of repurchase program remaining
Highly-aligned management with ~13% share
ownership
KMCG/
Double Eagle
Positioned for energy future with a vast network of critical assets & low-carbon focus
a) Based on Adjusted Segment EBDA per 2021 budget. See Non-GAAP Financial Measures & Reconciliations.
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