Working capital deficit worsened by $1.5B to $3.1B in H1 2026.

{
  "signal_id": "75622d76-e429-4d23-b8db-c890bdd343c3",
  "signal_type": "sec-10q",
  "signal_subtype": "cashFlowConcern",
  "detected_at": "2026-07-28T07:07:01.277+00:00",
  "company": {
    "name": "Kinder Morgan",
    "domain": "kindermorgan.com"
  },
  "data": {
    "detail": "The significant increase in the working capital deficit, driven by maturing debt and changes in receivables/payables, indicates potential liquidity management challenges. This creates a need for solutions that can improve cash flow forecasting, optimize working capital, and enhance treasury operations.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Increase in working capital deficit from year-end 2025",
      "dollar_millions": 1491
    },
    "summary": "Working capital deficit worsened by $1.5B to $3.1B in H1 2026.",
    "excerpts": "We had working capital (defined as current assets less current liabilities) deficits of $3,059 million and $1,568 million as of June 30, 2026 and December 31, 2025, respectively. The overall $1,491 million unfavorable change from year-end 2025 was primarily due to (i) an $878 million increase in senior notes that mature in the next twelve months; (ii) a $325 million increase in commercial paper borrowings partly used to fund our Monument Pipeline acquisition; and (iii) a $310 million net unfavorable change in our accounts receivables and payables.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1506307/000150630726000085/kmi-20260630.htm",
    "filing_date": "2026-07-24",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Treasury/cash management needs",
    "signal_category": "financial"
  }
}

curl https://signals.autobound.ai/v1/signals/75622d76-e429-4d23-b8db-c890bdd343c3 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"kindermorgan.com","limit":20}'