Inside the research
Kinder Morgan, Inc.
KMI Research profile · latest available data
Price overview
$30.75
▼ -0.50 (-1.6%)
| 52w hi | $33.99 |
|---|---|
| 52w lo | $24.86 |
| Vol | 10.02M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.16
| Short | -0.05 |
|---|---|
| Medium | +0.29 |
| Long | +0.34 |
computed 2026-09-27
Key fundamentals
Kinder Morgan, Inc.
Energy · Oil & Gas Midstream
| Market cap | $68.47B |
|---|---|
| Enterprise value | $102.06B |
| Trailing P/E | 19.84x |
| Forward P/E | 19.91x |
| EV / EBITDA | 13.37x |
| P / S (ttm) | 3.81x |
| Profit margin | 19.3% |
| Return on equity | 11.0% |
| Revenue growth | +10.8% |
| Earnings growth | +21.2% |
| Debt / equity | 98.62 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.26 | |
| Sector | +0.09 | |
| Technical | +0.00 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 0.41 |
|---|---|
| Corr SPX | 0.28 |
| Annual vol | 23.7% |
| Annual ret | +20.1% |
| Sharpe | 0.85 |
| Max DD | -19.3% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $35.33 |
|---|---|
| High / Low | $43.00 / $31.00 |
| Median | $35.00 |
| Analysts | 21 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 9 | |
| Hold | 12 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-23 | Jefferies | → Hold |
| 2026-03-30 | RBC Capital | → Sector Perform |
| 2026-03-30 | Citigroup | → Neutral |
| 2026-03-26 | Scotiabank | → Sector Perform |
| 2026-03-24 | Truist Securities | → Hold |
| 2026-03-24 | Jefferies | → Hold |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-10 | Reg FD Disclosure | read |
| 2026-08-03 | Other Material Event, Exhibits | read |
| 2026-07-22 | Earnings Release, Exhibits | read |
| 2026-05-28 | Material Agreement, Material Obligation | read |
| 2026-05-19 | Shareholder Vote | read |
| 2026-05-15 | Reg FD Disclosure | read |
| 2026-04-27 | Reg FD Disclosure | read |
| 2026-04-22 | Earnings Release, Officer / Director Change… | read |
| 2026-02-23 | Reg FD Disclosure | read |
| 2026-01-29 | Reg FD Disclosure | read |
| 2026-01-21 | Earnings Release, Exhibits | read |
| 2025-12-05 | Reg FD Disclosure | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-31 | ASHLEY ANTHONY B | VP (President, CO2 and ET | Option exercise | 104.17K | — |
| 2026-07-31 | Holland James E | VP and COO | Withheld for tax | 50.99K | $1.64M |
| 2026-07-31 | Holland James E | VP and COO | Option exercise | 130.21K | — |
| 2026-07-31 | Dang Kimberly A | Chief Executive Officer | Withheld for tax | 250.23K | $8.05M |
| 2026-07-31 | Dang Kimberly A | Chief Executive Officer | Option exercise | 636.58K | — |
| 2026-07-31 | Sanders Dax | President | Withheld for tax | 51.24K | $1.65M |
| 2026-07-31 | Sanders Dax | President | Option exercise | 130.21K | — |
| 2026-07-31 | Michels David Patrick | VP and Chief Financial Of | Withheld for tax | 47.57K | $1.53M |
| 2026-07-31 | Michels David Patrick | VP and Chief Financial Of | Option exercise | 121.53K | — |
| 2026-07-31 | ASHLEY ANTHONY B | VP (President, CO2 and ET | Withheld for tax | 40.27K | $1.30M |
Flow & Concentration
| Insider 180d net | -$452.08K |
|---|---|
| Insider buys / sells | 0 / 3 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Connections
Dividends
| Yield (TTM) | 2.87% |
|---|---|
| $ / share (TTM) | $0.88 |
| 5y CAGR | +2.4% |
Annual dividend per share
| 2021 | $1.07 |
|---|---|
| 2022 | $1.10 |
| 2023 | $1.13 |
| 2024 | $1.15 |
| 2025 | $1.17 |
| 2026 | $0.59 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $15.20B | +4.4% | |
| Operating income | $4.72B | +9.0% | |
| Net income | $2.61B | +12.6% | |
| Cash from ops | $5.92B | +9.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $31.01 | $31.27 | $30.59 | $30.75 | 10.02M |
| Sep 24 | $31.58 | $31.58 | $31.13 | $31.25 | 7.68M |
| Sep 23 | $31.36 | $31.82 | $31.20 | $31.37 | 11.04M |
| Sep 22 | $31.65 | $31.90 | $31.13 | $31.27 | 12.96M |
| Sep 21 | $31.63 | $31.92 | $31.55 | $31.72 | 12.23M |
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