Kinder Morgan, Inc. (KMI)

NYSE: KMI · IEX Real-Time Price · USD
18.23
-0.05 (-0.27%)
At close: May 1, 2024, 4:00 PM
18.42
+0.19 (1.04%)
Pre-market: May 2, 2024, 8:40 AM EDT
-0.27%
Market Cap 40.46B
Revenue (ttm) 15.29B
Net Income (ttm) 2.46B
Shares Out 2.22B
EPS (ttm) 1.09
PE Ratio 16.72
Forward PE 14.76
Dividend $1.15 (6.31%)
Ex-Dividend Date Apr 29, 2024
Volume 18,087,148
Open 18.33
Previous Close 18.28
Day's Range 18.13 - 18.41
52-Week Range 15.89 - 18.92
Beta 0.89
Analysts Hold
Price Target 20.57 (+12.84%)
Earnings Date Apr 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 $2.39 billion, a decrease of -6.16%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for KMI stock is "Hold." The 12-month stock price forecast is $20.57, which is an increase of 12.84% from the latest price.

Price Target
$20.57
(12.84% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

14 days 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.

14 days 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.

22 days 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
22 days 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 weeks 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
2 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...

3 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.

3 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.

3 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.

4 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
4 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...

4 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
4 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
4 months ago - Market Watch

Stocks With the Highest Dividend Yields in the S&P 500

A couple of telcos and a beleaguered retailer make the list of stocks with the highest dividend yields in the S&P 500.

Other symbols: MOTVZWBA
4 months ago - Kiplinger

Kinder Morgan Announces 2024 Financial Expectations

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

5 months ago - Business Wire

Kinder Morgan to Acquire NextEra's South Texas Gas Pipelines for $1.82 Billion

Kinder Morgan (KMI) plans to acquire NextEra Energy Partners' (NEP) South Texas assets, STX Midstream, for $1.82 billion, the companies said Monday.

Other symbols: NEP
6 months ago - Investopedia

Kinder Morgan to Purchase NextEra Energy Partners' Texas Pipeline For $1.8 Billion

Transaction to be funded with cash on hand and short-term debt, Kinder Morgan said.

Other symbols: NEP
6 months ago - WSJ

Kinder Morgan to buy NextEra Energy Partners' Texas pipelines for $1.82 bln

U.S. pipeline operator Kinder Morgan said on Monday it would acquire NextEra Energy Partners' gas pipelines in South Texas for $1.82 billion.

Other symbols: NEP
6 months ago - Reuters

NextEra Energy Partners, LP announces sale agreement for Texas natural gas pipeline portfolio

Definitive agreement represents key next step in executing transition plans Proceeds would address the majority of equity buyouts for convertible equity portfolio financings due through 2026 JUNO BEAC...

Other symbols: NEP
6 months ago - PRNewsWire

Kinder Morgan to Purchase NextEra Energy Partner's STX Midstream

HOUSTON--(BUSINESS WIRE)--KMI today announced that it has agreed to acquire NextEra Energy Partner's South Texas assets, STX Midstream, for $1.815 billion.

Other symbols: NEP
6 months ago - Business Wire

Kinder Morgan misses third-quarter profit estimates

Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected profit for the third quarter as higher interest expenses offset strength in its natural gas and products pipeline s...

7 months ago - Reuters

Kinder Morgan Reports Third Quarter 2023 Financial Results

HOUSTON--(BUSINESS WIRE)--KMI's board of directors today approved a cash dividend of $0.2825 per share for the third quarter ($1.13 annualized), payable on November 15, 2023.

7 months ago - Business Wire

Kinder Morgan Announces Third Quarter ‘23 Earnings Webcast

HOUSTON--(BUSINESS WIRE)--KMI today announced it will release third quarter 2023 earnings results on Wednesday, October 18, 2023 after market close.

7 months ago - Business Wire

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 ...

8 months ago - Reuters