The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

KMI

Concerning the House

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel and feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1997 and is headquartered in Houston, Texas.

United States · www.kindermorgan.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$15.20B+4.4%
Operating income$4.72B+9.0%
Net income$2.61B+12.6%
Cash from ops$5.92B+9.9%
Quotation

$32.08

+0.35 (+1.1%)

52w hi$33.99
52w lo$24.86
Vol14.55M
As ofAug 13
The Verdict

Hold

Our score +0.30

Short+0.28
Medium+0.30
Long+0.31

computed 2026-08-13

By the Numbers

Kinder Morgan, Inc.

Energy · Oil & Gas Midstream

Market cap$71.37B
Enterprise value$104.24B
Trailing P/E20.70x
Forward P/E20.88x
EV / EBITDA13.65x
P / S (ttm)3.98x
Profit margin19.3%
Return on equity11.0%
Revenue growth+10.8%
Earnings growth+21.2%
Debt / equity98.62
Risk Metrics
Beta vs SPX0.41
Corr SPX0.29
Annual vol23.2%
Annual ret+23.7%
Sharpe1.02
Max DD-19.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.25
Sector+0.13
Technical-0.07
Earnings+0.00
Sentiment+0.56

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$31.64$32.38$31.58$32.0814.55M
Aug 12$31.37$31.81$31.36$31.737.05M
Aug 11$31.44$31.69$31.32$31.487.11M
Aug 10$31.08$31.41$30.94$31.396.65M
Aug 7$31.06$31.21$30.77$30.858.19M