Kinder Morgan, Inc. (KMI)
| Market Cap | 37.12B |
| Revenue (ttm) | 17.15B |
| Net Income (ttm) | 2.51B |
| Shares Out | 2.23B |
| EPS (ttm) | 1.10 |
| PE Ratio | 15.15 |
| Forward PE | 14.48 |
| Dividend | $1.13 (6.78%) |
| Ex-Dividend Date | Jul 28, 2023 |
| Volume | 12,640,249 |
| Open | 16.55 |
| Previous Close | 16.47 |
| Day's Range | 16.54 - 16.76 |
| 52-Week Range | 16.00 - 19.36 |
| Beta | 0.93 |
| Analysts | Hold |
| Price Target | 20.44 (+22.69%) |
| Earnings Date | Oct 18, 2023 |
About KMI
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground 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 facili... [Read more]
Financial Performance
In 2022, Kinder Morgan's revenue was $19.20 billion, an increase of 15.59% compared to the previous year's $16.61 billion. Earnings were $2.55 billion, an increase of 42.83%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for KMI stock is "Hold." The 12-month stock price forecast is $20.44, which is an increase of 22.69% from the latest price.
News
Kinder Morgan says Idalia caused minimal damage to Florida terminals
Kinder Morgan on Wednesday said its Port Manatee, Port Sutton and Tampaplex terminals in Florida sustained minimal damage due to Hurricane Idalia, and that it was also planning to shut its Charleston ...
Kinder Morgan Shines With Dividend Yield, Cash Flow, Buybacks
There was more bad news: In the earnings release, the company said that it's on budget year-to-date, but now expects to finish 2023 slightly below its plan on a full-year basis, “all of which can be e...
Kinder Morgan Issues 2022 Environmental, Social and Governance Report
HOUSTON--(BUSINESS WIRE)--KMI announced today the publication of its 2022 Environmental, Social, and Governance (ESG) Report.
Kinder Morgan misses quarterly revenue estimates
Kinder Morgan on Wednesday missed Wall Street estimates for second-quarter revenue as the pipeline operator earned less through its crude oil and condensate pipeline.
Kinder Morgan Reports Second Quarter 2023 Financial Results
HOUSTON--(BUSINESS WIRE)--KMI's board of directors today approved a cash dividend of $0.2825 per share for the second quarter ($1.13 annualized), payable on August 15, 2023.
Kinder Morgan and Howard Energy Partners Announce Expansions of Their Respective Eagle Ford Natural Gas Transportation Systems
HOUSTON--(BUSINESS WIRE)--Projects designed to deliver nearly 2 Bcf/d of Eagle Ford production to Gulf Coast markets.
Kinder Morgan Announces Second Quarter ‘23 Earnings Webcast
HOUSTON--(BUSINESS WIRE)--KMI today announced it will release second quarter 2023 earnings results on Wednesday, July 19, 2023 after market close.
Kinder Morgan oil products terminal in Pasadena, Texas, catches fire
Kinder Morgan's refined oil products terminal in Pasadena, Texas, caught fire during construction on Sunday, but there were no injuries, the company said.
BetterInvesting™ Magazine Update on Crown Castle International Corp. and Kinder Morgan Inc.
TROY, Mich., June 20, 2023 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Crown Castle International Corp. (NYSE: CCI) as its "Stock...
ArcLight Acquires an Incremental Interest in Natural Gas Pipeline Company of America LLC from Brookfield Infrastructure
BOSTON , June 15, 2023 /PRNewswire/ -- An affiliate of ArcLight Capital Partners, LLC ("ArcLight") has acquired an incremental 12.5% interest in Natural Gas Pipeline Company of America LLC ("NGPL") fr...
As tech companies take over the market again, don't forget these bargain dividend stocks
If you are an index-fund investor, you're probably feeling pretty good right now — the S&P 500 has returned 12.1% so far this year, with dividends reinvested, following its 18% decline in 2022.
Kinder Morgan to increase gas storage capacity at Texas facility
U.S. pipeline operator Kinder Morgan Inc said on Wednesday it plans to expand the working gas storage capacity at its Markham facility in Matagorda County, Texas, by 6 billion cubic feet (Bcf).
Kinder Morgan to Increase Storage Capacity on Its Texas Intrastate System
HOUSTON--(BUSINESS WIRE)--KMI today announced its plan to expand the working gas storage capacity at its Markham facility in Matagorda County along the Texas Gulf Coast.
Kinder Morgan Shares Cross 7% Yield Mark
In trading on Thursday, shares of Kinder Morgan were yielding above the 7% mark based on its quarterly dividend (annualized to $1.13)
Kinder Morgan and Neste Announce Commercial In-Service of Major Renewable Feedstock Storage and Logistics Hub
HOUSTON--(BUSINESS WIRE)--KMI today announced the commercial in-service of its renewable feedstock storage and logistics hub project with Neste.
Energy stocks suffer broad selloff, led by Halliburton, as crude oil falls to more than 5-week low
Energy stocks were suffering a broad beating Tuesday, as a selloff in crude prices was exacerbated by a big decline in the broader stock market. The Energy Select Sector SPDR exchange-traded fund XLE ...
Midstream Earnings Kicked Off With Kinder Morgan (KMI)
Kinder Morgan Inc. (KMI) reported first-quarter earnings results on Wednesday, leaving its full-year guidance in place as the midstream company expects strong performance to offset the weaker energy p...
Kinder Morgan Reports First Quarter 2023 Financial Results
HOUSTON--(BUSINESS WIRE)--KMI's board of directors today approved a cash dividend of $0.2825 per share for the first quarter ($1.13 annualized), payable on May 15, 2023.
Three S&P Energy Names with High Dividend Yields
Among large-cap energy names, Pioneer Natural Resources Co. (NYSE: PXD), Devon Energy Corp. (NYSE: DVN) and Kinder Morgan Inc. (NYSE: KMI) pay some of the highest dividend yields among their sector pe...
5 Underloved Gas Plays Yielding Up To 11.8%
We contrarians, we're not ashamed to admit, make our big money dumpster diving for discarded dividends.
Kinder Morgan Announces Binding Open Season for Additional Capacity on the SFPP System
HOUSTON--(BUSINESS WIRE)--KMI today announced a binding open season to solicit commitments to support a proposed expansion of a portion of its SFPP pipeline system.
Kinder Morgan Announces First Quarter ‘23 Earnings Webcast
HOUSTON--(BUSINESS WIRE)--KMI today announced it will release first quarter 2023 earnings results on Wednesday, April 19, 2023 after market close.
Kinder Morgan vs Enbridge: Which is a better stock to buy?
Crude oil and natural gas prices have become increasingly volatile as investors weigh the demand and supply outlook. As a result, this volatility has hit oil and gas companies, with the Vanguard Energ...
Kinder Morgan Announces Commercial In-Service of Southern and Northern California Renewable Diesel Hub Projects
HOUSTON--(BUSINESS WIRE)--KMI today announced the full commercial in-service of its Southern and Northern California renewable diesel (RD) hub projects.
Top Trades of David Abrams' Firm in the 4th Quarter
David Abrams (Trades, Portfolio), founder of Abrams Capital Management, disclosed in a regulatory portfolio update filing that his firm's top trades during the fourth quarter included the transfer of ...