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Summary

Kinder Morgan increased its project backlog from $9.6 billion to $14.4 billion in Q3, fueled by $5.4 billion in major natural gas additions.

The company now expects full-year adjusted EBITDA to beat budget by more than 6%. Adjusted EPS is expected to exceed budget by more than 13%.

KMI approved two major joint venture natural gas projects: The Southeast Connector and the Permian Link pipeline.

Olga Kostrova /iStock via Getty Images

By Elle Caruso Fitzgerald

Kinder Morgan (KMI) reported record-setting third-quarter results and a surge in its project backlog, which reached an all-time high of $14.4 billion. Driven by growing

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