Stratrix
On the Record · Kinder Morgan

Kinder Morgan acquisitions, on the record

The businesses Kinder Morgan bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
STX Midstream pipeline system
Word for word“Acquired in December 2023.” 10-K for 2023
acquisitionDecember 2023—
Diamond M Field
Word for word“We acquired the Diamond M Field asset which is located directly adjacent to our existing SACROC field.” 10-K for 2023
acquisition——
natural gas gathering and processing system in North Dakota from Outrigger Energy II
Word for word“Expected to close in the first quarter of 2025, pending clearance under Hart-Scott-Rodino.” 10-K for 2024
agreed acquisitionExpected to close in the first quarter of 2025, pending clearance under Hart-Scott-Rodino.—
AVAD Energy Partners' interest in the North McElroy Unit (NMU)
Word for word“We acquired AVAD Energy Partners’ interest in the North McElroy Unit (NMU).” 10-K for 2024
acquisition——
CO 2 assets (Katz Unit, Goldsmith Landreth San Andres Unit, Tall Cotton Field and Reinecke Unit, and certain shallow interests in the Diamond M Field, Permian Basin)
Word for word“We sold our interests in the Katz Unit, Goldsmith Landreth San Andres Unit, Tall Cotton Field and Reinecke Unit, along with certain shallow interests in the Diamond M Field, all located in the Permian Basin, and received a leasehold interest in an undeveloped leasehold directly adjacent to the SACROC unit.” 10-K for 2024
divestiture——
Oklahoma midstream assets (Oklahoma system and Cedar Cove)
Word for word“We sold our Oklahoma midstream assets consisting of our Oklahoma system and Cedar Cove.” 10-K for 2024
divestiture——
Outrigger Energy II LLC natural gas gathering and processing system in North Dakota
Word for word“Outrigger Energy acquisition $648 million (February 2025) Natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC which includes a 0.27 Bcf/d processing facility and a 104-mile, large-diameter, high-pressure rich gas gathering header pipeline with 0.35 Bcf/d of capacity connecting supplies from the Williston Basin area to high-demand markets.” 10-K for 2025
acquisitionFebruary 2025$648 million
EagleHawk (25% non-operated equity interest)
Word for word“EagleHawk divestiture $382 million (December 2025) We sold our 25% equity interest in EagleHawk.” 10-K for 2025
divestitureDecember 2025$382 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$333 million—
2017-12-31$4 million—
2018-12-31$39 million—
2019-12-31$79 million—
2020-12-31$16 million—
2021-12-31—$63 million
2022-12-31—$51 million
2023-12-31—$156 million

Deal filings since 2016

Read from Kinder Morgan’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.