Kinder Morgan, Inc. (KMI)

NYSE: KMI · IEX Real-Time Price · USD
21.37
+0.30 (1.42%)
At close: Jul 26, 2024, 4:00 PM
21.30
-0.07 (-0.33%)
After-hours: Jul 26, 2024, 7:06 PM EDT
1.42%
Market Cap 47.50B
Revenue (ttm) 15.36B
Net Income (ttm) 2.45B
Shares Out 2.22B
EPS (ttm) 1.09
PE Ratio 19.61
Forward PE 17.41
Dividend $1.15 (5.38%)
Ex-Dividend Date Jul 31, 2024
Volume 10,802,586
Open 21.16
Previous Close 21.07
Day's Range 21.14 - 21.43
52-Week Range 15.89 - 21.86
Beta 0.92
Analysts Buy
Price Target 22.25 (+4.12%)
Earnings Date Jul 17, 2024

About KMI

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. The company 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. Th... [Read more]

Sector Energy
IPO Date Feb 16, 2011
Employees 10,891
Stock Exchange NYSE
Ticker Symbol KMI
Full Company Profile

Financial Performance

In 2023, Kinder Morgan's revenue was $15.33 billion, a decrease of -20.14% compared to the previous year's $19.20 billion. Earnings were $2.38 billion, a decrease of -6.23%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for KMI stock is "Buy." The 12-month stock price forecast is $22.25, which is an increase of 4.12% from the latest price.

Price Target
$22.25
(4.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Corning, Truist Financial, Kinder Morgan and Honeywell

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: GLWHONTFC
3 days ago - CNBC Television

Kinder Morgan Issues 2023 Sustainability Report

HOUSTON--(BUSINESS WIRE)--Report reflects new and expanded disclosures regarding methane emissions, evaluation of GHG reduction opportunities, and diversity initiatives.

8 days ago - Business Wire

UAL Mixed Earnings & KMI Earnings Miss

United Airlines (UAL) beat 2Q EPS expectations, but posted lower-than-expected revenue. Caroline Woods and Scott Durfey react to $UAL and Kinder Morgan (KMI) earnings.

Other symbols: UAL
9 days ago - Schwab Network

Kinder Morgan Reports Second Quarter 2024 Financial Results

HOUSTON--(BUSINESS WIRE)--KMI's board of directors today approved a cash dividend of $0.2875 per share for the second quarter ($1.15 annualized), payable on August 15, 2024.

9 days ago - Business Wire

Kinder Morgan Announces Second Quarter ‘24 Earnings Webcast

HOUSTON--(BUSINESS WIRE)--KMI today announced it will release second quarter 2024 earnings results on Wednesday, July 17, 2024 after market close.

16 days ago - Business Wire

3 Stocks To Buy As Oil Prices Collapse, OPEC Panics

The numbers are in, and they do all the talking.

Other symbols: OXYXOM
4 weeks ago - Benzinga

SFPP Announces Binding Open Season for Additional Capacity on Its East Line System

HOUSTON--(BUSINESS WIRE)--SFPP, a subsidiary of KMI, today announced the launch of a binding open season.

6 weeks ago - Business Wire

3 Cheap Dividend Stocks to Buy Yielding 4% or More

These high-dividend stocks look undervalued to us.

Other symbols: VZWEC
7 weeks ago - Morningstar

The AI Boom Is Powering Gas-Pipeline Stocks

Shares of leading natural-gas-pipeline firms Kinder Morgan, Williams, Enbridge, and Oneok are surging based on expectations that data centers will ramp up electricity consumption.

Other symbols: OKETPYPXOM
2 months ago - Barrons

AI could drive a natural gas boom as power companies face surging electricity demand

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.

Other symbols: DDUKEQTSO
2 months ago - CNBC

Kinder Morgan meets profit estimates on strength in natural gas pipeline segment

Pipeline and terminal operator Kinder Morgan on Wednesday reaffirmed its annual profit outlook and said it expects demand for natural gas to grow substantially between now and 2030.

3 months ago - Reuters

Kinder Morgan Reports First Quarter 2024 Financial Results

HOUSTON--(BUSINESS WIRE)--KMI's board of directors today approved a cash dividend of $0.2875 per share for the first quarter ($1.15 annualized), payable on May 15, 2024.

3 months ago - Business Wire

Kinder Morgan Announces First Quarter ‘24 Earnings Webcast

HOUSTON--(BUSINESS WIRE)--KMI today announced it will release first quarter 2024 earnings results on Wednesday, April 17, 2024 after market close.

3 months ago - Business Wire

A Safe, Profitable Bet on the Green Transition

Midstream energy companies are especially attractive given how difficult it has been to add pipeline or storage capacity.

Other symbols: WMB
3 months ago - WSJ

Kinder Morgan Announces Amy W. Chronis as Nominee for Election to Board of Directors

HOUSTON--(BUSINESS WIRE)--KMI today announced that its board of directors has nominated Amy W. Chronis to stand for election as a director.

4 months ago - Business Wire

Short sellers boosted by ‘Hedge Fund Nirvana' that sees most heavily-shorted companies suffer

Hedge funds with long/short strategies have benefited in 2024 from a macroeconomic environment that has hit the most heavily shorted stocks particularly hard compared to their less shorted rivals, a n...

Other symbols: AMZNAXPBBWIBBYBXCRMGE
5 months ago - Market Watch

Kinder Morgan remains bullish on natural gas demand growth

Kinder Morgan said on Wednesday it continues to have a bullish outlook for natural gas demand banking on higher demand from liquefied natural gas (LNG) export facilities and increased exports to Mexic...

6 months ago - Reuters

Kinder Morgan to Hold 2024 Investor Day

HOUSTON--(BUSINESS WIRE)--Representatives of KMI intend to make presentations in Houston, Texas on January 24, 2024 at the Kinder Morgan 2024 Investor Day.

6 months ago - Business Wire

Kinder Morgan Reports Fourth Quarter 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--KMI's board of directors today approved a cash dividend of $0.2825 per share for the fourth quarter ($1.13 annualized), payable on February 15, 2024.

6 months ago - Business Wire

Kinder Morgan Announces Fourth Quarter ‘23 Earnings Webcast

HOUSTON--(BUSINESS WIRE)--KMI today announced it will release fourth quarter 2023 earnings results on Wednesday, January 17, 2024 after market close.

7 months ago - Business Wire

Final Trades: Ferrari, American Express, Kinder Morgan, and Amazon

The “Halftime Report” Investment Committee give their top picks to watch for the second half.

Other symbols: AMZNAXPRACE
7 months ago - CNBC Television

Kinder Morgan Closes on the $1.815 Billion Acquisition of NextEra Energy Partners' South Texas Assets

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced $1.815 billion acquisition of NextEra Energy Partners' South Texas assets (STX Midstream), which incl...

7 months ago - Business Wire

NextEra Energy Partners, LP completes sale of Texas natural gas pipeline portfolio

JUNO BEACH, Fla. , Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sel...

Other symbols: NEENEP
7 months ago - PRNewsWire

Oil and gas stocks sees broad weakness as crude prices fall again

Shares of oil and gas companies were broadly, but lightly, lower in premarket trading Thursday, as crude oil prices fell for a second straight session amid easing Red Sea tensions. The Energy Select S...

Other symbols: CVXMROOXYXLEXOM
7 months ago - Market Watch

Kinder Morgan Announces 2024 Financial Expectations

HOUSTON--(BUSINESS WIRE)--KMI today announced its preliminary 2024 financial projections.

8 months ago - Business Wire