Kinder Morgan, Inc. is a North American energy infrastructure company that owns and operates pipelines and terminals for the transportation, storage, and processing of natural gas, refined petroleum products, crude oil, and carbon dioxide.

The company generates revenue primarily through fee based transportation and storage services for natural gas, refined products, and CO2, complemented by sales of natural gas, natural gas liquids, refined petroleum products, crude oil, and carbon dioxide to utilities, shippers, industrial users, and other energy market participants.

The company operates through the following segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2.

• The Natural Gas Pipelines segment owns and operates an interconnected network of natural gas transmission, gathering, and storage pipelines that move gas from production areas to markets, provide storage services, and support processing and fractionation activities for natural gas liquids.

• The Products Pipelines segment transports refined petroleum products such as gasoline, diesel, jet fuel, and other specialty liquids, as well as crude oil, condensate, and natural gas liquids through a system of pipelines and associated terminals.

• The Terminals segment provides storage, handling, and transloading services for liquid and bulk commodities at marine, rail, and truck facilities, supporting the movement of petroleum products, petrochemical feedstocks, and other bulk materials.

• The CO2 segment focuses on the transportation of carbon dioxide for enhanced oil recovery, the production and sale of oil and natural gas liquids, and the development of renewable fuel credits through its energy transition ventures.

Kinder Morgan, Inc. ranks among the largest energy infrastructure operators in North America, competing with firms such as Williams Companies, Enterprise Products Partners, Enbridge, and TC Energy while leveraging its extensive pipeline network, diversified asset mix, and fee based contracts to maintain stable cash flows and a competitive cost structure.

The company serves a broad range of customers including natural gas utilities, LNG shippers, industrial manufacturers, refineries, petrochemical plants, and power generators that rely on its transportation, storage, and processing infrastructure to move and handle energy commodities.