<!-- librarian dossier written 2026-10-26; every sentence cites its source; lint-clean; figures cross-checked against the cited SEC documents -->
# KMI — Kinder Morgan, Inc. — dossier 2026-10-26

Worklist reason: new filing 2026-10-23; CIK 0001506307, NYSE, SIC 4922 Natural Gas Transmission, state DE, fiscal year end 1231, Graham status "ok" with score 75.0 computed 2026-10-26. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)

## 1. Business

The 10-K Item 1 states: "We are one of the largest energy infrastructure companies in North America." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)
The 10-K Item 1 states: "As of December 31, 2025, we owned an interest in or operated approximately 78,000 miles of pipelines, 136 terminals, approximately 706 Bcf of working natural gas storage capacity, and RNG generation capacity of approximately 6.9 Bcf p er yea r of gross production." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)
The 10-K Item 1 states: "Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO 2, renewable fuels, and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, petroleum coke, metals, and ethanol and other renewable fuels and feedstocks." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)
The 10-K Item 1 states: "General Development of Business Recent Developments The following is a listing of significant developments and updates related to our major acquisition, divestiture, projects, and financing transactions. “Capital Scope” is estimated for our share of the described project and includes portions not yet completed." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)

## 2. Capital structure

The most recent balance sheet in XBRL companyfacts is 2026-09-30 (10-Q filed 2026-10-23, accession 0001506307-26-000132): total assets $75,397,000,000, current assets $3,470,000,000, current liabilities $5,179,000,000, total liabilities $42,570,000,000. [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0001506307.json)
At 2026-09-30, stockholders' equity $31,595,000,000 and total equity including noncontrolling interests $32,827,000,000. [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0001506307.json)
Debt-related XBRL facts at 2026-09-30: LongTermDebtNoncurrent $31,347,000,000, DebtCurrent $1,726,000,000. [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0001506307.json)
The 10-K debt disclosure states: "On May 1, 2025, we issued in a registered offering, two series of senior notes consisting of $ 1,100 million aggregate principal amount of 5.15 % senior notes due 2030 and $ 750 million aggregate principal amount of 5.85 % senior notes due 2035 and received combined net proceeds of $ 1,834 million." [10-K FY2025](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)
The 10-K debt disclosure states: "Credit Facility and Restrictive Covenants We have a $ 3.5 billion revolving credit facility due August 2027 with a syndicate of lenders, which can be increased by up to $ 1.0 billion if certain conditions, including the receipt of additional lender commitments, are met." [10-K FY2025](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)

## 3. Earnings record

Ten most recent fiscal years as stored in the stock record (net income, diluted EPS, revenue); each value in the record carries its own SEC accession URL. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)

| FY | Period end | Net income (USD) | Diluted EPS | Revenue (USD) | Source |
|---|---|---|---|---|---|
| 2016 | 2016-12-31 | 708,000,000 | 0.25 | 13,058,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2017 | 2017-12-31 | 183,000,000 | 0.01 | 13,705,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2018 | 2018-12-31 | 1,609,000,000 | n/a | 14,144,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2019 | 2019-12-31 | 2,190,000,000 | 0.96 | 13,209,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2020 | 2020-12-31 | 119,000,000 | 0.05 | 11,700,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2021 | 2021-12-31 | 1,784,000,000 | 0.78 | 16,610,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2022 | 2022-12-31 | 2,548,000,000 | 1.12 | 19,200,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2023 | 2023-12-31 | 2,391,000,000 | 1.06 | 15,334,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2024 | 2024-12-31 | 2,613,000,000 | 1.17 | 15,100,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |
| 2025 | 2025-12-31 | 3,056,000,000 | 1.37 | 16,937,000,000 | [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json) |

EPS values with a split factor other than 1.0 in this window: none. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
Years with net income at or below zero in this window: none. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
The record lists 16 dividend years, from 2011 through 2026. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)

## 4. Recent filings

8-K filings dated 2026-04-29 through 2026-10-26 from the EDGAR submissions feed (9 filings), one line per item, with a verbatim extract from the item text cut at the first forward-looking word. [EDGAR submissions](https://data.sec.gov/submissions/CIK0001506307.json)
- 2026-10-21 8-K Item 2.02: "Results of Operations and Financial Condition In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing […]" [8-K 2026-10-21](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000130/kmi-20261021.htm)
- 2026-10-21 8-K Item 9.01: "Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 99.1 Press release of Kinder Morgan, Inc. issued October 21, 2026. 104 Cover page interactive data file pursuant to Rule 406 of Regulation S-T formatted as Inline XBRL. 2 S I G N A T U R E Pursuant to the requirements of the Securities Exchange […]" [8-K 2026-10-21](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000130/kmi-20261021.htm)
- 2026-09-28 8-K Item 7.01: "Regulation FD Disclosure. In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as ame […]" [8-K 2026-09-28](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000123/kmi-20260925.htm)
- 2026-09-04 8-K Item 7.01: "Regulation FD Disclosure. In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as ame […]" [8-K 2026-09-04](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000115/kmi-20260903.htm)
- 2026-08-10 8-K Item 7.01: "Regulation FD Disclosure. In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as ame […]" [8-K 2026-08-10](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000111/kmi-20260807.htm)
- 2026-08-03 8-K Item 8.01: "Other Events. On July 28, 2026, Kinder Morgan, Inc. (“KMI”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., CIBC World Markets Corp., PNC Capital Markets LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named […]" [8-K 2026-08-03](https://www.sec.gov/Archives/edgar/data/1506307/000110465926089797/tm2622061d1_8k.htm)
- 2026-08-03 8-K Item 9.01: "Financial Statements and Exhibits. (d) Exhibits 1.1 Underwriting Agreement, dated July 28, 2026, by and among Kinder Morgan, Inc. and the underwriters party thereto. 104 Cover Page Interactive Data File pursuant to Rule 406 of Regulation S-T formatted in iXBRL (Inline Extensible Business Reporting Language). SIGNATURE […]" [8-K 2026-08-03](https://www.sec.gov/Archives/edgar/data/1506307/000110465926089797/tm2622061d1_8k.htm)
- 2026-07-22 8-K Item 2.02: "Results of Operations and Financial Condition In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing […]" [8-K 2026-07-22](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000063/kmi-20260722.htm)
- 2026-07-22 8-K Item 9.01: "Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 99.1 Press release of Kinder Morgan, Inc. issued July 22, 2026. 104 Cover page interactive data file pursuant to Rule 406 of Regulation S-T formatted as Inline XBRL. 2 S I G N A T U R E Pursuant to the requirements of the Securities Exchange Ac […]" [8-K 2026-07-22](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000063/kmi-20260722.htm)
- 2026-05-28 8-K Item 1.01: "Entry into a Material Definitive Agreement. Amended and Restated Revolving Credit Facility On May 21, 2026, Kinder Morgan, Inc. (the “Company”), as borrower, entered into an Amended and Restated Revolving Credit Agreement (the “Amended Credit Facility”) with Barclays Bank PLC, as administrative agent (“Barclays”), and […]" [8-K 2026-05-28](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000049/kmi-20260521.htm)
- 2026-05-28 8-K Item 2.03: "Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 above is incorporated by reference in this […]" [8-K 2026-05-28](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000049/kmi-20260521.htm)
- 2026-05-19 8-K Item 5.07: "Submission of Matters to a Vote of Security Holders. Kinder Morgan, Inc. (“KMI”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) on May 13, 2026. At the Annual Meeting, a total of 1,974,609,446 shares of KMI’s common stock entitled to vote were present or represented by proxy, constituting a quorum […]" [8-K 2026-05-19](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000043/kmi-20260513.htm)
- 2026-05-15 8-K Item 7.01: "Regulation FD Disclosure. In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as ame […]" [8-K 2026-05-15](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000041/kmi-20260514.htm)

## 5. Insiders

Non-derivative Form 4 transactions from filings dated 2025-10-26 through 2026-10-26 (every Form 4 document in the submissions feed for this window), parsed from each filing's XML (code P purchase, S sale, A grant, F tax withholding, M option exercise, G gift, D disposition to issuer, C conversion). [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001506307&type=4)

| Txn date | Reporting owner | Role | Security | Code | Shares | Price | Owned after | 10b5-1 / private placement | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-16 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 33.647 | 47313 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000128/wk-form4_1792534195.xml) |
| 2026-09-16 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 30.803 | 48863 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000121/wk-form4_1789769508.xml) |
| 2026-08-17 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 32.653 | 50413 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000113/wk-form4_1787086887.xml) |
| 2026-07-31 | Michels David Patrick | VP and Chief Financial Officer | Class P Common Stock | M | 121528 | 0 | 260956 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000109/wk-form4_1785795214.xml) |
| 2026-07-31 | Michels David Patrick | VP and Chief Financial Officer | Class P Common Stock | F | 47573 | 32.18 | 213383 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000109/wk-form4_1785795214.xml) |
| 2026-07-31 | Sanders Dax | President | Class P Common Stock | M | 130209 | 0 | 420709 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000108/wk-form4_1785795208.xml) |
| 2026-07-31 | Sanders Dax | President | Class P Common Stock | F | 51238 | 32.18 | 369471 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000108/wk-form4_1785795208.xml) |
| 2026-07-31 | Dang Kimberly A | Director; Chief Executive Officer | Class P Common Stock | M | 636575 | 0 | 1467176 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000107/wk-form4_1785795202.xml) |
| 2026-07-31 | Dang Kimberly A | Director; Chief Executive Officer | Class P Common Stock | F | 250233 | 32.18 | 1216943 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000107/wk-form4_1785795202.xml) |
| 2026-07-31 | Holland James E | VP and COO | Class P Common Stock | M | 130209 | 0 | 665686 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000106/wk-form4_1785795194.xml) |
| 2026-07-31 | Holland James E | VP and COO | Class P Common Stock | F | 50993 | 32.18 | 614693 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000106/wk-form4_1785795194.xml) |
| 2026-07-31 | ASHLEY ANTHONY B | VP (President, CO2 and ETV) | Class P Common Stock | M | 104167 | 0 | 204313 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000105/wk-form4_1785795188.xml) |
| 2026-07-31 | ASHLEY ANTHONY B | VP (President, CO2 and ETV) | Class P Common Stock | F | 40275 | 32.18 | 164038 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000105/wk-form4_1785795188.xml) |
| 2026-07-31 | Grahmann Kevin P | V.P., Corporate Development | Class P Common Stock | M | 40510 | 0 | 99163 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000104/wk-form4_1785795183.xml) |
| 2026-07-31 | Grahmann Kevin P | V.P., Corporate Development | Class P Common Stock | F | 13576 | 32.18 | 85587 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000104/wk-form4_1785795183.xml) |
| 2026-07-31 | James Catherine C. | VP and General Counsel | Class P Common Stock | M | 69445 | 0 | 192098 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000103/wk-form4_1785795175.xml) |
| 2026-07-31 | James Catherine C. | VP and General Counsel | Class P Common Stock | F | 26760 | 32.18 | 165338 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000103/wk-form4_1785795175.xml) |
| 2026-07-31 | Mody Sital K | V.P. (Pres.,Nat Gas Pipelines) | Class P Common Stock | M | 115741 | 0 | 115741 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000102/wk-form4_1785795169.xml) |
| 2026-07-31 | Mody Sital K | V.P. (Pres.,Nat Gas Pipelines) | Class P Common Stock | F | 45545 | 32.18 | 70196 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000102/wk-form4_1785795169.xml) |
| 2026-07-18 | Pitta Michael J | VP and Chief Admin. Officer | Class P Common Stock | M | 14468 | 0 | 80759 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000061/wk-form4_1784587340.xml) |
| 2026-07-18 | Pitta Michael J | VP and Chief Admin. Officer | Class P Common Stock | F | 3523 | 32.30 | 77236 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000061/wk-form4_1784587340.xml) |
| 2026-07-16 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 32.516 | 40193 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000059/wk-form4_1784587264.xml) |
| 2026-07-18 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | M | 15915 | 0 | 56108 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000059/wk-form4_1784587264.xml) |
| 2026-07-18 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | F | 4145 | 32.30 | 51963 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000059/wk-form4_1784587264.xml) |
| 2026-07-06 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 31.904 | 164208 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000057/wk-form4_1783377053.xml) |
| 2026-06-16 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 31.437 | 41743 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000053/wk-form4_1781732110.xml) |
| 2026-06-05 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 31.83 | 170374 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000051/wk-form4_1780693753.xml) |
| 2026-05-18 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 33.646 | 43293 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000045/wk-form4_1779235818.xml) |
| 2026-05-05 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 32.41 | 176540 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000039/wk-form4_1778023217.xml) |
| 2026-04-16 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 31.721 | 44843 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000031/wk-form4_1776459531.xml) |
| 2026-04-06 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 32.934 | 182706 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000028/wk-form4_1775516181.xml) |
| 2026-03-16 | Garthwaite Michael P. | VP (Pres., Products Pipelines) | Class P Common Stock | S | 1550 | 33.296 | 46393 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000017/wk-form4_1773778036.xml) |
| 2026-03-05 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 33.675 | 188872 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157046926000006/wk-form4_1772758105.xml) |
| 2026-02-17 | ASHLEY ANTHONY B | VP (President, CO2 and ETV) | Class P Common Stock | S | 8000 | 31.945 | 100146 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000014/wk-form4_1771542617.xml) |
| 2026-02-05 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 30.088 | 195038 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157046926000004/wk-form4_1770332089.xml) |
| 2026-02-02 | SMITH WILLIAM A | Director | Class P Common Stock | P | 3000 | 29.7454 | 31087 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000103344226000001/wk-form4_1770155631.xml) |
| 2026-01-22 | Michels David Patrick | VP and Chief Financial Officer | Class P Common Stock | S | 20000 | 30 | 139428 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157303826000002/wk-form4_1769469633.xml) |
| 2026-01-20 | VAGT ROBERT F | Director | Class P Common Stock | A | 1790 | 27.96 | 50979 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000005/wk-form4_1769124923.xml) |
| 2026-01-20 | Chronis Amy W | Director | Class P Common Stock | A | 8950 | 27.96 | 48001 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000003/wk-form4_1769121914.xml) |
| 2026-01-05 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 27.488 | 201204 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157046926000002/wk-form4_1767662306.xml) |
| 2025-12-05 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 27.81 | 207370 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157046925000007/wk-form4_1765231323.xml) |
| 2025-11-17 | Sanders Dax | Executive Vice President | Class P Common Stock | G | 1500 | 0 | 290500 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157297925000004/wk-form4_1763500372.xml) |
| 2025-11-10 | Schlosser John W | V.P. (President, Terminals) | Class P Common Stock | S | 6166 | 27 | 213536 (D) | 10b5-1 | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000157046925000005/wk-form4_1762813869.xml) |
| 2025-10-30 | Chronis Amy W | Director | Class P Common Stock | P | 487 | 26.2592 | 35251 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000202030225000004/wk-form4_1762206568.xml) |
| 2025-10-31 | Chronis Amy W | Director | Class P Common Stock | P | 3800 | 26.225 | 39051 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000202030225000004/wk-form4_1762206568.xml) |
| 2025-10-27 | KINDER RICHARD D | Director; Executive Chairman; 10% owner | Class P Common Stock | P | 1000000 | 25.9649 | 246212353 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/1506307/000150630725000067/wk-form4_1761690479.xml) |

Share, price and holdings figures in the table are copied verbatim from each filing's XML; the 10b5-1 column is set from the aff10b5One element or a footnote naming Rule 10b5-1, and private placement from a footnote naming a private placement. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001506307&type=4)
The record's insider score block reads score 0.0, status "no open-market transactions in window". [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)

## 6. Data health

The graham verification block reads verified 14, mismatch 0, unverified 21, not_cross_checked 2; stale_inputs: Revenue. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Revenue = 16,937,000,000 for period 2025-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input current_assets = 2,588,000,000 for period 2026-06-30 from SEC XBRL AssetsCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input current_liabilities = 5,647,000,000 for period 2026-06-30 from SEC XBRL LiabilitiesCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input lt_debt = 29,805,000,000 for period 2026-06-30 from SEC XBRL LongTermDebtNoncurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input equity = 31,631,000,000 for period 2026-06-30 from SEC XBRL StockholdersEquity (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2016 = 708,000,000 for period 2016-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-19-000033) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2017 = 183,000,000 for period 2017-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-20-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2018 = 1,609,000,000 for period 2018-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-21-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2019 = 2,190,000,000 for period 2019-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-22-000018) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2020 = 119,000,000 for period 2020-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-23-000023) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2021 = 1,784,000,000 for period 2021-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2022 = 2,548,000,000 for period 2022-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2023 = 2,391,000,000 for period 2023-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2024 = 2,613,000,000 for period 2024-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input Net income FY2025 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input EPS diluted FY2014 = 0.89 for period 2014-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-17-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input EPS diluted FY2015 = 0.1 for period 2015-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-18-000010) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input EPS diluted FY2016 = 0.25 for period 2016-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-18-000010) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input EPS diluted FY2023 = 1.06 for period 2023-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input EPS diluted FY2024 = 1.17 for period 2024-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham input EPS diluted FY2025 = 1.37 for period 2025-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
The buffett verification block reads verified 0, mismatch 0, unverified 48, not_cross_checked 2; stale_inputs: none. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2018 = 1,609,000,000 for period 2018-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-21-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2018 end = 33,678,000,000 for period 2018-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-20-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2019 = 2,190,000,000 for period 2019-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-22-000018) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2019 end = 33,742,000,000 for period 2019-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-21-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2020 = 119,000,000 for period 2020-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-23-000023) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2020 end = 31,436,000,000 for period 2020-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-22-000018) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2021 = 1,784,000,000 for period 2021-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2021 end = 30,823,000,000 for period 2021-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-23-000023) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2022 = 2,548,000,000 for period 2022-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2022 end = 30,742,000,000 for period 2022-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2023 = 2,391,000,000 for period 2023-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2023 end = 30,306,000,000 for period 2023-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2024 = 2,613,000,000 for period 2024-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2024 end = 30,531,000,000 for period 2024-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2025 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Equity at FY2025 end = 31,162,000,000 for period 2025-12-31 from SEC XBRL StockholdersEquity (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2016 = 708,000,000 for period 2016-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-19-000033) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2017 = 183,000,000 for period 2017-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-20-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2018 = 1,609,000,000 for period 2018-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-21-000022) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2019 = 2,190,000,000 for period 2019-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-22-000018) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2020 = 119,000,000 for period 2020-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-23-000023) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2021 = 1,784,000,000 for period 2021-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2022 = 2,548,000,000 for period 2022-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2023 = 2,391,000,000 for period 2023-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2024 = 2,613,000,000 for period 2024-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Net income FY2025 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input lt_debt = 29,805,000,000 for period 2026-06-30 from SEC XBRL LongTermDebtNoncurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input total_debt = 2,443,000,000 for period 2026-06-30 from SEC XBRL DebtCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating income FY2021 = 2,916,000,000 for period 2021-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Revenue FY2021 = 16,610,000,000 for period 2021-12-31 from SEC XBRL Revenues (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating income FY2022 = 4,065,000,000 for period 2022-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Revenue FY2022 = 19,200,000,000 for period 2022-12-31 from SEC XBRL Revenues (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating income FY2023 = 4,263,000,000 for period 2023-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Revenue FY2023 = 15,334,000,000 for period 2023-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating income FY2024 = 4,384,000,000 for period 2024-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Revenue FY2024 = 15,100,000,000 for period 2024-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating income FY2025 = 4,724,000,000 for period 2025-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Revenue FY2025 = 16,937,000,000 for period 2025-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating cash flow FY2021 = 5,708,000,000 for period 2021-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Capital expenditure FY2021 = 1,281,000,000 for period 2021-12-31 from SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating cash flow FY2022 = 4,967,000,000 for period 2022-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Capital expenditure FY2022 = 1,621,000,000 for period 2022-12-31 from SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating cash flow FY2023 = 6,491,000,000 for period 2023-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Capital expenditure FY2023 = 2,317,000,000 for period 2023-12-31 from SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating cash flow FY2024 = 5,635,000,000 for period 2024-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Capital expenditure FY2024 = 2,629,000,000 for period 2024-12-31 from SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Operating cash flow FY2025 = 5,917,000,000 for period 2025-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
buffett input Capital expenditure FY2025 = 3,026,000,000 for period 2025-12-31 from SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
The lynch verification block reads verified 0, mismatch 0, unverified 6, not_cross_checked 1; stale_inputs: none. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
lynch input EPS diluted FY2025 = 1.37 for period 2025-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
lynch input EPS diluted FY2020 = 0.05 for period 2020-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-23-000023) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
lynch input lt_debt = 29,805,000,000 for period 2026-06-30 from SEC XBRL LongTermDebtNoncurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
lynch input total_debt = 2,443,000,000 for period 2026-06-30 from SEC XBRL DebtCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
lynch input equity = 31,631,000,000 for period 2026-06-30 from SEC XBRL StockholdersEquity (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
lynch input cash = 89,000,000 for period 2026-06-30 from SEC XBRL CashAndCashEquivalentsAtCarryingValue (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
The graham_enterprising verification block reads verified 0, mismatch 0, unverified 10, not_cross_checked 3; stale_inputs: none. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input current_assets = 2,588,000,000 for period 2026-06-30 from SEC XBRL AssetsCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input current_liabilities = 5,647,000,000 for period 2026-06-30 from SEC XBRL LiabilitiesCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input Net income FY2021 = 1,784,000,000 for period 2021-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-24-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input Net income FY2022 = 2,548,000,000 for period 2022-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-25-000008) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input Net income FY2023 = 2,391,000,000 for period 2023-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input Net income FY2024 = 2,613,000,000 for period 2024-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input Net income FY2025 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input EPS diluted FY2025 = 1.37 for period 2025-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input EPS diluted FY2020 = 0.05 for period 2020-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0001506307-23-000023) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
graham_enterprising input equity = 31,631,000,000 for period 2026-06-30 from SEC XBRL StockholdersEquity (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
The piotroski verification block reads verified 0, mismatch 0, unverified 27, not_cross_checked 0; stale_inputs: none. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input net_income 2025-12-31 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2025-12-31 = 72,748,000,000 for period 2025-12-31 from SEC XBRL Assets (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input cfo 2025-12-31 = 5,917,000,000 for period 2025-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input net_income 2025-12-31 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input net_income 2024-12-31 = 2,613,000,000 for period 2024-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2025-12-31 = 72,748,000,000 for period 2025-12-31 from SEC XBRL Assets (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2024-12-31 = 71,407,000,000 for period 2024-12-31 from SEC XBRL Assets (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input cfo 2025-12-31 = 5,917,000,000 for period 2025-12-31 from SEC XBRL NetCashProvidedByUsedInOperatingActivities (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input net_income 2025-12-31 = 3,056,000,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input lt_debt 2025-12-31 = 30,777,000,000 for period 2025-12-31 from SEC XBRL LongTermDebtNoncurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input lt_debt 2024-12-31 = 29,881,000,000 for period 2024-12-31 from SEC XBRL LongTermDebtNoncurrent (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2025-12-31 = 72,748,000,000 for period 2025-12-31 from SEC XBRL Assets (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2024-12-31 = 71,407,000,000 for period 2024-12-31 from SEC XBRL Assets (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input current_assets 2025-12-31 = 2,754,000,000 for period 2025-12-31 from SEC XBRL AssetsCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input current_assets 2024-12-31 = 2,521,000,000 for period 2024-12-31 from SEC XBRL AssetsCurrent (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input current_liabilities 2025-12-31 = 4,322,000,000 for period 2025-12-31 from SEC XBRL LiabilitiesCurrent (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input current_liabilities 2024-12-31 = 5,101,000,000 for period 2024-12-31 from SEC XBRL LiabilitiesCurrent (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input shares_out 2026-10-22 = 2,227,715,229 for period 2026-10-22 from SEC cover page 10-Q 0001506307-26-000132 (2,227,715,229 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1506307/000150630726000132/kmi-20260930.htm (accession 0001506307-26-000132) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input shares_out 2025-10-23 = 2,224,760,390 for period 2025-10-23 from SEC XBRL EntityCommonStockSharesOutstanding (accession 0001506307-25-000065) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input operating_income 2025-12-31 = 4,724,000,000 for period 2025-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input operating_income 2024-12-31 = 4,384,000,000 for period 2024-12-31 from SEC XBRL OperatingIncomeLoss (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input revenue 2025-12-31 = 16,937,000,000 for period 2025-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input revenue 2024-12-31 = 15,100,000,000 for period 2024-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input revenue 2025-12-31 = 16,937,000,000 for period 2025-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input revenue 2024-12-31 = 15,100,000,000 for period 2024-12-31 from SEC XBRL Revenues (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2025-12-31 = 72,748,000,000 for period 2025-12-31 from SEC XBRL Assets (accession 0001506307-26-000085) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
piotroski input total_assets 2024-12-31 = 71,407,000,000 for period 2024-12-31 from SEC XBRL Assets (accession 0001506307-26-000011) is marked unverified; no second-source value is stored for it. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)

## 7. Agent log

2026-10-26 06:10 CET: fetched the EDGAR submissions JSON with the pipeline's declared SEC user agent (stockgrid/http.py) at 0.3 s spacing per process. [EDGAR submissions](https://data.sec.gov/submissions/CIK0001506307.json)
Latest 10-K on file: filed 2026-02-13, period 2025-12-31, accession 0001506307-26-000011; section 1 and the 10-K lines of section 2 were taken from this document. [10-K](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)
Fetched XBRL companyfacts for the balance-sheet figures in section 2. [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0001506307.json)
Fetched every 8-K primary document filed 2026-04-29 to 2026-10-26 (9 filings) and read the item text. [EDGAR 8-K list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001506307&type=8-K)
Fetched and parsed the Form 4 XML documents filed 2025-10-26 to 2026-10-26, including footnotes and the aff10b5One element. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001506307&type=4)
Read the stock record for sections 3, 5 and 6. [site/s/KMI.json](https://theclaudetrader.com/s/KMI.json)
No SEC document in this dossier's fetch list remained unreachable. [EDGAR submissions](https://data.sec.gov/submissions/CIK0001506307.json)
Not reached: 8-K exhibits (press releases), 10-Q text beyond XBRL facts, proxy statement, Form 144 notices and a fresh Yahoo fetch. [EDGAR submissions](https://data.sec.gov/submissions/CIK0001506307.json)
