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NYSE · US · Oil & Gas Midstream

KMI Kinder Morgan

Gas pipelines into power demand

Uptrend Trading above its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$34.09
−0.99% today
1W
+2.1%
1M
+10.9%
3M
+8.8%
YTD
+27.6%
1Y
+37.1%
Off 52w high
−1.0%
Next earnings (est.): 2026-10-21
Market cap$76.67B
P/E (trailing)21.2Forward 21.9
EV / sales5.9×EV/EBITDA 14.0×
Revenue (TTM)$18.34BGrowth 9.3% y/y
Margins48.6%gross · op 25.6%
Free cash flow—Cash $918M · debt $33.07B
Analyst target$37.00+8.5% upside · 22 analysts · buy
Riskβ 0.58Short 2.4% of float · yield 3.53%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

KMI · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-10-21EarningsBeat / raise

    Reported EPS 0.35 vs 0.33 expected (+6.2% surprise).

  2. 7
    2026-07-22EarningsBeat / raise

    Reported EPS 0.37 vs 0.31 expected (+18.3% surprise).

  3. 6
    2026-04-22EarningsBeat / raise

    Reported EPS 0.48 vs 0.39 expected (+22.1% surprise).

  4. 5
    2026-01-21EarningsBeat / raise

    Reported EPS 0.39 vs 0.37 expected (+6.8% surprise).

  5. 4
    2025-10-22EarningsMiss / cut

    Reported EPS 0.29 vs 0.3 expected (-2.8% surprise).

  6. 3
    2025-07-16EarningsBeat / raise

    Reported EPS 0.28 vs 0.28 expected (+0.8% surprise).

  7. 2
    2025-04-16EarningsMiss / cut

    Reported EPS 0.34 vs 0.36 expected (-4.8% surprise).

  8. 1
    2025-01-22EarningsMiss / cut

    Reported EPS 0.32 vs 0.33 expected (-2.7% surprise).

Alternative data that moves KMI

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-210.330.35+6.2%
2026-07-220.310.37+18.3%
2026-04-220.390.48+22.1%
2026-01-210.370.39+6.8%
2025-10-220.30.29−2.8%
2025-07-160.280.28+0.8%
2025-04-160.360.34−4.8%
2025-01-220.330.32−2.7%
2024-10-160.260.25−5.3%
2024-07-170.250.25−0.9%
2024-04-170.340.34+0.8%
2024-01-170.290.28−4.7%
2023-10-180.250.25−2.0%
2023-07-190.240.24+0.7%
2023-04-190.290.3+3.6%
2023-01-180.30.31+2.9%
2022-10-190.280.25−12.2%
2022-07-200.270.27+0.3%
2022-04-200.280.32+12.6%
2022-01-190.260.27+3.7%
2021-10-200.240.22−9.7%
2021-07-210.20.23+17.8%
2021-04-210.250.6+143.1%
2021-01-200.240.27+11.5%

About Kinder Morgan

Website ↗

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 …

11,028 employees · Houston, United States

Most new firm AI power in the US burns gas. Pipeline takeaway, not reserves, limits where it can be delivered.

Basin→Pipeline→Lateral→Plant

What would prove us wrong. Weakens if new pipeline capacity outruns power-burn growth.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
EQT
EQT Corp
Largest US natural gas producer $54.48−2.07%+7.2%+2.5%
WMB
Williams Companies
Gas pipelines and power-innovation projects $71.90+0.27%+3.8%+22.2%
ET
Energy Transfer
Gas supply to data-centre power $20.64+0.93%+2.2%+31.9%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.