Kinder Morgan Inc (KMI) Q4 2019 Earnings Call Transcript

Kinder Morgan Inc (KMI) Q4 2019 Earnings Call Transcript

I will now turn the call over to Mr. Rich Kinder, Executive Chairman of Kinder Morgan.. We have as an industry to do as much as we reasonably can to reduce our emissions becoming part of the solution, not part of the problem.. We have achieved a strong balance sheet having met and now improved on our approximately 4.5 times debt to EBITDA target and with a solid triple BBB flat rating from all three ratings agencies.. We are maintaining our capital discipline through our return criteria, a good track record of execution, and by self-funding our investments.. We are returning value to shareholders with the 25% year-over-year dividend increase and another 25% increase coming in dividends declared in 2020 and we do continue to find attractive growth opportunities.. Strong balance sheet, capital discipline, returning value to shareholders, and finding additional opportunities across our network at attractive returns.. With the first unit going into service in September of last year, we received 80% of our share of project revenues.. Gulf Coast Express went into service in the third quarter of last year.. Both of our Permian gas pipeline projects bring us additional opportunities in our downstream pipes.. We're still working