Kinder Morgan posts record Q2 with 12% EBITDA growth, boosts 2026 outlook on natural gas demand.

Kinder Morgan reported a record second quarter in 2026 with adjusted EBITDA rising 12% year-over-year to $2.199 billion, surpassing estimates and prompting an upward revision of its full-year guidance. The company's project backlog reached $9.6 billion, heavily focused on natural gas projects supporting power generation and AI data center needs. Major expansion projects remain on track, and disciplined debt management supports a 2% dividend increase. This strong performance reflects growing U.S. natural gas demand and infrastructure expansion, positioning Kinder Morgan for continued growth.