Kinder Morgan Inc. (KMI) said it expects to post stellar full-year earnings this year and match those results in 2023.


Boosted by natural gas demand and elevated prices through much of this year – and expectations for more of the same in 2023 — the Houston-based midstream giant said it expects earnings to swell to $1.12/share for 2022. It expects to equal that figure for full-year 2023. KMI reported earnings of 78 cents/share for 2021.

“We expect 2023 to be another very good year for Kinder Morgan, with strong market fundamentals, continued robust growth in demand for existing and expanded natural gas transportation, storage, and gathering and processing; and continued demand for refined products midstream services and investments in our Energy Transition Ventures...