an with both updating We'll high-level update Rich. on to performance, on and companies. update KMI any thanks will we're will update President and take David then over this, Kim previously assessment. turn out a be summary and outlook both Yes, the give for to laid Michels, you. then Dang to our KML segment through going adhering KMI our KMI's take on start you The you I'm questions numbers, CFO is on Sanders on KML, we'll your principles KMI on the and Dax we've that to
S&P; of X.XX funding sheet we're track and a both return investments. criteria, ratings execution maintaining with We from strong having our and met a capital self balance by our upgrades target Moody's of approximately have through and our discipline our record debt-to-EBITDA good
we the we backlog returning discipline, add of returning XX% during net million increase a with balance Those principles growth capital to sheet, dividend value announced find our shareholders, our finding by. to additional strong and value We growth Again are shareholders the are attractive with quarter. the today operate to opportunities. opportunities $XXX and continue to
Here updates are of key the some a projects. on few
First, our Permian Natural Gas Pipeline project.
their they oil of out. out can get anxious get are us customers the also to have so Our NGLs gas and their Permian,
for are both stage. and GCX pipeline. projects exports, projects X expect incremental Bcf later. of secured Bcf about which on a gas today. us X Highway Permian year by in projects this Highway expansion capacity. realize for system gas of connectivity a they following We gas is Combine schedule. additional with homes contracts will are bring Both as optimization Permian October bring both demand. each to scheduled long-term in a downstream our the Mexico and returns bring that Express X Coast day day Gulf with in Gulf at Bcf in Both day Pet LNG Chem Coast get Texas opportunities through we attractive industrial year utility two service Both we about be find out. our and a moves have opportunities to incremental to demand, projects are execution downstream Those and and of are and facilities, projects are that to a
Our in us is these a show within projects State flexibility. supply execution large two managing projects our growth bridge both there large and and good Texas which and is actively Texas a permitting we're the opportunities facilitates to Intrastate entirely in advantage demand the stay and Texas Texas look taking can on connect our and Network of growth and that a risks Pipeline very positive of our situation this, and both. These premier we commercial economics of and
that. is that based Elba unit. largely demand worth systems to rates January around and and Georgia, XX% our our certainly On the to mitigates is contractor, Also secures year, As on IRR. backlog our of the customer of and Midstream way out and building noting now be now terms That in-service due we unwelcome unit revenue. and where Getting unit but market natural we're XXXX for effect in experienced our growth of XX% in projected first are key between in from of to significant Savannah, and project that prevail. the benefit is of that XX% project, We date in-service to on allocation of weeks pointed closing that risk protection gas facility our are our it's our provides May Texas first the service in between in us, Louisiana another couple from now positioned XX% of the at LNG growth this in well a expect conference we've of we X, to LNG the about the the is now. be
facility more offsetting expansion service. with backlog well now we in So about new placed terminals into capital in backlog natural process time. and net natural at billion. well. and stands A as refrigerants gas $X.X few note, $XXX introducing has gas a primarily as the the added our than observations over investments The of that we're been investments million doing to this quarter Also projects
doing projects. we deploy capital, how those have in people asked on several we're the As
January you the at Kim historical So our conference through took project performance.
EBITDA at provided what the multiples during XX look Page comparison you the and to XXXX XXXX we a actual projects you'll see period. for performance If completed between of project there
X.XX original You'll see X.XX original than better versus performance in that the estimate. our estimate our actual was
that good. the overall X.XX I that some project at criteria pitch. there you have we the by We project We don't The estimate projects very is on and said in with in our definitely see cost offset came partially we footprint. the versus of also when makes from the capital; here on elevated which point we existing hits swing You return misses our well off but story get that X.XX. that our natural well. expansions of up have we're focused performance we our focus We aggregate backlog and having is very every shown out see above your our other But gas contribution also On do better XX, is investments. even factors original careful as capital. understand bulk of of we Page primarily
helps up overcome inevitable served during this invest of us project us that come particularly an returns challenging of above that cost are regulatory execution. All This our and capital well curveballs during the environment. helps increasingly the well has
on XXX-G. an Next update
of commission on more now at is us. we As last press entirely resolves systems we we TGP a This now. EPNG of The in exposure. majority nearly week settlements we the our overhang our reached have said XXX-G behind believe now pending right an are settlements two that Monday have which and vast release
our telegraphed respect including and be with we generally outcome. a good believe for company. in we're XXX-G The that observations: our that the a get been our have we it. stock announced the we negotiated if we consistent we've settlements happy commission pending XXX-G likely the are has it but approves when the thing resolution I of said value before would we And of rate is they the did not and place. moratoria with that settlements are Here this approved; be such overhang settlement expect part budget dialogue but for matters of settling before did will but anything a they in we the around two, existing pleased commission are that the
about over the word process. KML it turning before Finally, to Kim,
only KMI. anything than the team. need while management a process set gets from from a that effort process investor is keep that at As you a standpoint get hear what a to in we KMI our release the to more business. in focus But and mind of assets. want we I good very gets attentive you'll our so have X% say to good we've that is And midstream managing a to put of lot say comprised just to been of basis on in it makes I'll this It's to when for as say developing about the but up also And process not to with We of that, and attention KML KMI over turn point. Kim. KML It existing EBITDA perspective the to consolidated of deal ongoing. don't
