KMIKinder Morgan, Inc.
AI adoption · Q1 2026 earnings call
EnergyExploring
7
extracted from this call
3 / 5
operational, no hard numbers
Not disclosed
no breakout in this call
AI was not directly discussed on this call. The only relevant reference was Rich Kinder citing an S&P Global Market Intelligence report projecting 153 gigawatts of new gas-fired generation capacity to serve data centers, which KMI frames as a demand driver for its natural gas infrastructure. Management referenced 'three data center deals' added to the project backlog this quarter, indicating indirect AI-driven demand as a growth catalyst. No AI products, AI investments, or AI internal productivity initiatives were mentioned.
Beneficiary
See full leaderboard →10/ 100
26
stage: exploring · max spec: 3
0
no quantified disclosure
0
no adoption scopes
7 AI mentions from this call.
Extracted verbatim from the KMI Q1 2026 earnings call transcript. Speaker, section, and specificity tier surfaced for each mention.
- T3Prepared remarks· Other· Customer demand signal
“utilities plan to add a staggering number of 153 gigawatts of gas fire generation capacity in the next several years primarily to serve data centers with the bulk of this coming online by 2030. Now this is twice the estimate by the same group of 1 year ago and reflects plans to build about 210 additional natural gas-fired facilities.”
— Richard Kinder, KMI earnings call - T3Prepared remarks· CFO· Customer demand signal
“we're in various stages of development on projects to serve more than 10 Bcf a day of natural gas demand in the power generation sector and opened 3 Bcf a day in the LNG sector.”
— Dax Sanders, KMI earnings call - T3Prepared remarks· CEO· Customer demand signal
“added $375 million in new projects, including three data center deals.”
— Kimberly Dang, KMI earnings call - T2Q&A· Other· Customer demand signalKMI is somewhat unique. You have nat gas storage opportunities...Can you talk a little bit about the nat gas storage opportunities in your portfolio?
“as you think about operational balancing needs that these large demand centers are going to have, the ability to put in gas into storage and also pull out storage on a pretty quick basis is going to be critical for their operations.”
— David Michels, KMI earnings callBear Creek storage, NGPL storage - T2Prepared remarks· CEO· Customer demand signal
“Much of this activity is being driven by power growth, and we expect a meaningful amount of these opportunities to convert into approved projects during 2026.”
— Kimberly Dang, KMI earnings call - T2Q&A· Other· Customer demand signalI wanted to start on the gas transmission opportunity set going forward. When we think about the various projects under commercial discussion and the shadow backlog, I understand a bulk of the opportunities are related to growing power demand.
“I understand a bulk of the opportunities are related to growing power demand.”
— Unknown Analyst (Goldman Sachs), KMI earnings call - T2Q&A· Other· Customer demand signalI had a similar question to Manav's about the Trident staggered start dates.
“that is market pull driven by power.”
— David Michels, KMI earnings callNGPL Amarillo expansion
What management wouldn’t quantify.
Analyst questions where management declined to share a specific number. The pattern of refusals is often as informative as the disclosures.
- Management referenced 'three data center deals' added to the project backlog but provided no deal sizes, counterparty names, geographies, or contract terms.
- No quantification of the revenue or EBITDA contribution attributable specifically to data center / AI-driven demand versus other power generation demand.
- No discussion of AI use in internal operations, AI tools, or AI partnerships of any kind.
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