Kinder Morgan Inc (WBO:KMI)
€ 18.072 0.138 (0.77%) Market Cap: 39.95 Bil Enterprise Value: 69.36 Bil PE Ratio: 17.90 PB Ratio: 1.44 GF Score: 75/100

Kinder Morgan Inc at Sanford C Bernstein Strategic Decisions Conference Transcript

May 31, 2023 / 02:00PM GMT
Release Date Price: €15.09 (+0.51%)
Jean Ann Salisbury
Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Thanks for joining us today. I'm Jean Ann Salisbury. I cover natural gas and midstream at Bernstein. I am joined by Kim Dang, the incoming CEO of Kinder Morgan. Kim is going to make some opening remarks, and then we will go into Q&A. I have some questions that I'm excited to ask him. And then you can also ask questions via the Pigeonhole app, which there's a QR code here if you're interested in putting those in. So without further ado, I'll let him take over here. Thank you.

Kimberly Allen Dang
Kinder Morgan, Inc. - President & Director

Okay, I'll just sit here if that's okay. So just a few things about Kinder Morgan before we get started to give people a little bit of context.

We are a U.S. infrastructure company. We own pipelines and terminals primarily. We typically don't own the commodity. We provide logistics services on a fee-for-service basis. And right now, about 61% of our cash flow of our EBITDA comes from take-or-pay contracts, meaning that

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