Kinder Morgan — Kinder Morgan Energy Partners — 2007 KMP Analyst Conference

6 slides from Kinder Morgan's conference presentation, Jan 23, 2007

Slide 1: Appendix
ENERGY PARTNERS, L.P. Appendix
Slide 2: Distribution of Quarterly Earnings
ENERGY PARTNERS, L.P. Distribution of Quarterly Earnings Q1 Q2 Q3 Q4 Year KMP Earnings (a) 2007E 20% 22% 24% 34% $1.71/u 2006 27% 25% 20% 28% $1.98/u 2005 28% 22% 25% 25% $2.37/u 2004 23% 23% 27% 27% $2.22/u 2003 25% 24% 25% 26% $1.98/u 2002 24% 24% 26% 26% $1.96/u __________________________ (a) Exc
Slide 3: Explanation of Return Calculations
ENERGY PARTNERS, L.P. Explanation of Return Calculations Formula Notes Return on Investment = Cash Return (a) Average Total Investment (b) Return on Equity = Income Average Equity (c) __________________________ (a) G&A is deducted in calculating overall company return on investment, but is not alloc
Slide 4: Explanation of Return Calculations
ENERGY PARTNERS, L.P. Explanation of Return Calculations Total Investment Gross PP&E Add: Investments Intangibles Less: Cumulative Sustaining Cap Ex Minority Interest (KMI) Deferred Taxes Assumed Liabilities Total Investment 4
Slide 5: GAAP Reconciliation
ENERGY PARTNERS, L.P. GAAP Reconciliation Detailed calculations reconciling the non-GAAP terms in this presentation to GAAP are available on our website at: http://www.kindermorgan.com/investor/presentations/ 5
Slide 6: ENERGY PARTNERS, L.P.
KINDER’ “MORGAN ENERGY PARTNERS, L.P.