Stronger natural gas prices lifted Kinder Morgan Inc. results in the fourth quarter and propelled physical liquefied natural gas (LNG) deliveries higher by 33%.

Executive Chairman Richard Kinder and CEO Steven Kean helmed a conference call late Wednesday to discuss fourth quarter and full-year 2021 results. The company recovered sharply in the final three months from the year-earlier plunge in commodity prices and the lower demand impact of Covid-19.

While results were solid, the executive chairman said it had “become apparent, particularly over the last several months,” that the transition away from fossil fuels “will be longer and more complicated than many originally expected.”

[Download Now: In our 2024 Natural Gas Outlook Report ‘Future In Focus’, Natural Gas...