Kinder Morgan, Inc. (KMI)
| Market Cap | 39.21B |
| Revenue (ttm) | 15.88B |
| Net Income (ttm) | 2.47B |
| Shares Out | 2.22B |
| EPS (ttm) | 1.09 |
| PE Ratio | 16.18 |
| Forward PE | 15.22 |
| Dividend | $1.13 (6.41%) |
| Ex-Dividend Date | Oct 30, 2023 |
| Volume | 9,809,157 |
| Open | 17.70 |
| Previous Close | 17.69 |
| Day's Range | 17.57 - 17.70 |
| 52-Week Range | 15.89 - 19.10 |
| Beta | 0.95 |
| Analysts | Hold |
| Price Target | 20.67 (+17.18%) |
| Earnings Date | Jan 17, 2024 |
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 11 analysts, the average rating for KMI stock is "Hold." The 12-month stock price forecast is $20.67, which is an increase of 17.18% from the latest price.
News
Final Trades: Ferrari, American Express, Kinder Morgan, and Amazon
The “Halftime Report” Investment Committee give their top picks to watch for the second half.
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...
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...
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...
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A couple of telcos and a beleaguered retailer make the list of stocks with the highest dividend yields in the S&P 500.
Kinder Morgan Announces 2024 Financial Expectations
HOUSTON--(BUSINESS WIRE)--KMI today announced its preliminary 2024 financial projections.
Refiners, transporters surge: Niche energy markets defy oil slump
Big energy like Chevron Corp. NYSE: CVX and Exxon Mobil Corp. NYSE: XOM are trading well below their highs, while certain sub-industries within the energy sector are performing well.
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.
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.
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.
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...
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.
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...
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.
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.
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...