EOG Resources Inc. (EOG)

Kinder Morgan (KMI) Reports $10B Backlog Amid EOG Income Drop

EOG Resources (EOG) experienced a 44% YoY decline in net income, totaling $701 million, while its debt increased to $7.94 billion. In contrast, Kinder Morgan (KMI) maintains a $10 billion contracted backlog, with 90% tied to natural gas infrastructure. KMI's dividend yield stands at 3.48%, supported by long-term, fixed-fee contracts. Furthermore, the EIA anticipates U.S. LNG export capacity will rise to 27.7 Bcf/d by 2030, enhancing KMI's growth potential as transport volumes increased by 9% year over year.