Kinder Morgan (KMI) risk factors

Item 1A of every Kinder Morgan, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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FY2025 10-K risk factors
31 risks3 new2 dropped3 reworded
Kinder Morgan added specific risks regarding disparate state and federal environmental laws, FERC rate calculations, and U.S. trade tariffs.
Filed Feb 13, 2026
FY2024 10-K risk factors
30 risks
Kinder Morgan faces significant financial exposure from commodity price volatility and hedging limitations across crude oil, NGL, and natural gas segments.
Filed Feb 13, 2025