Kinder Morgan, Inc. (KMI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and thank you for standing by. Welcome to the third quarter 2025 earnings results conference call. Your lines are in a listen only mode until the question and answer session of today's conference. At that time, you may press star followed by the number one to ask a question. Please unmute your phone and state your first and last name when prompted. Today's conference is being recorded. If you have any objections you may disconnect at this time. It is now my pleasure to turn the call over to Mr. Rich Kinder, Executive Chairman of Kinder Morgan. Thank you, Michelle. As usual, before we begin, I'd like to remind you that KMI's earnings released today and this call include forward-looking statements within the meeting of the Private Securities Litigation Reform Act of 1995 and the Securities and Exchange Act of 1934. as well as certain non-GAAP financial measures. Before making any investment decision, we strongly encourage you to read our full disclosure on forward-looking statements and use of non-GAAP financial measures set forth at the end of our earnings release, as well as review our latest filings with the SEC for important material assumptions, expectations, and risk factors that may cause actual results to differ materially from those anticipated and described in such forward-looking statements. I think we all recognize the positives and negatives of publicly traded companies. One of the biggest pitfalls is the undue concentration on quarter-to-quarter or even day-to-day issues, many of which are relatively inconsequential in terms of the long-term success of the enterprise. With that in mind, I thought I'd take this opportunity to stress two important substantive factors that will impact the future of Kendra Morgan, the natural gas story, and th...