Kinder Morgan, Inc. · NYSE:KMI
Kinder Morgan — Kinder Morgan 2015 Analyst Conference
13 slides from Kinder Morgan's conference presentation, Jan 28, 2015
Slide 1: Appendix
KINDERMORGAN Appendix
Slide 2: Energy Toll Road: Diversified, Fee-based Business Model
Energy Toll Road Diversified, Fee-based Business Model Natural Gas Products Kinder Morgan Terminals CO2 Pipelines Pipelines Canada – Interstate & LNG: take or pay – Intrastate: ~75% take or pay(a) – Take or pay, minimum – S&T: primarily minimum – Essentially no Volume Security – G&P: ~77% fee-base
Slide 3: CO2 Asset Summary
CO2 Asset Summary KMI Remaining CO2 Reserves Interest Location Deliverability Operator McElmo Dome 45% SW Colorado 20+ years KMI Doe Canyon 87% SW Colorado 20+ years KMI Bravo Dome 11% NE New Mexico 10+ years Oxy KMI Capacity Pipelines Interest Location (MMcf/d) Operator McElmo Dome to Cortez 50% De
Slide 4: Incidents & Releases: Liquids Pipeline Right-of-way
Incidents & Releases Liquids Pipeline Right-of-way Liquids Pipeline Incidents per 1,000 Miles(a) Liquids Pipeline Release Rate(a) 0.8 50 Barrels per billion barrel miles 40 Incidents per 1,000 Miles 0.6 0.57 30 0.4 0.45 0.39 0.29 20 17.96 0.24 15.50 0.21 13.05 0.2 10 6.00 0.08 0.08 2.50 - - 0.01 0.1
Slide 5: Incidents & Releases: Natural Gas Pipeline Right-of-way
Incidents & Releases Natural Gas Pipeline Right-of-way Natural Gas Pipeline Incidents Rate Natural Gas Pipeline Incidents Rate All Reportable Incidents(a) Onshore Ruptures-only(c) 0.8 0.8 Incidents per 1,000 Miles Incidents per 1,000 Miles 0.6 0.6 0.4 0.37 0.4 0.32 0.30 0.27 0.27 0.26 (d) 0.2 0.13 0
Slide 6: Employee Safety Statistics
Employee Safety Statistics(a) KM Lost-time Incident Rate (DART) OSHA Recordable Incident Rate 6 7 Lost-time injuries per 200k hours worked 5.20 6.35 6 OSHA Recordable Incidents per 5 5.70 5 200k Hours Worked 4 4 3 3 2.50 2.60 2.50 2.50 2 2 2.10 2.10 2.10 1 0.70 0.88 0.80 0.70 1.70 1 1.88 0.70 0.60 0
Slide 7: Explanation of Return Calculations
Explanation of Return Calculations Formula Notes Segment Segment Distributable Cash Flow Return on Investment = before Certain Items (a) Average Total Investment (c) Total Segment KMI Distributable Cash Flow Return on Investment = before Certain Items (b) Average Total Investment (c) Total Distribut
Slide 8: Explanation of Return Calculations (Cont'd)
Explanation of Return Calculations (Cont’d) Formula Notes Gross PP&E Investments (a) Calculation of Goodwill Total Investment: Gross intangibles (excluding amortization) Plus: Asset write-offs / retirements Cumulative environmental reserves Legal reserves / expenditures (b) Cumulative cash spent on
Slide 9: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures The non-generally accepted accounting principles ("non-GAAP") financial measures of distributable cash flow (“DCF”) before certain items (both in the aggregate and per share), segment earnings before depreciation, depletion, amortization and amortization of excess
Slide 10: Use of Non-GAAP Financial Measures (Cont'd)
Use of Non-GAAP Financial Measures (Cont’d) DCF before certain items, segment earnings before DD&A and certain items, and EBITDA before certain items are significant metrics used by us and by external users of our financial statements, such as investors, research analysts, commercial banks and other
Slide 11: GAAP Reconciliation
GAAP Reconciliation ($ in millions) 2015 2014 2015 2014 Budget Actual Budget Actual Reconciliation of KMI DCF before certain items Reconciliation of EBITDA before certain Items Net income per GAAP income statement $ 1,967 $ 2,443 Net income per GAAP income statement $ 1,967 $ 2,443 Certain items (64
Slide 12: Investor Relations Contacts
Investor Relations Contacts Institutional Investors / Sell-side Analysts David Michels VP Finance & Investor Relations (713) 369-9895 david_michels@kindermorgan.com Peter Staples Director Investor Relations (713) 369-9221 peter_staples@kindermorgan.com Retail Investors / Brokers Miguel Garcia Invest
Slide 13: Kinder Morgan
KINDERJMORGAN
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