Kinder Morgan (KMI) Sees FY17 Distributable Cash Flow of $4.46B
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Kinder Morgan Announces 2017 Financial Expectations
December 5, 2016 4:05 PM ESTHOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced its preliminary 2017 financial projections. The fundamentals of our business remain strong. We expect to generate $4.46 billion of distributable cash flow for 2017 which continues to provide us great strength and flexibility. We are also confident in our outlook for growth, largely supported by our $13 billion backlog of energy infrastructure expansion opportunities that have a high probability of completion over the next few years, said Steve Kean, president and CEO. Below is a summary of KMIs expectations for 2017:
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