Kinder Morgan Inc logo

Kinder Morgan Inc(KMI)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$30.75
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for KMI

09/25/2026: KMI (3-star) is currently NOT-A-BUY. Pass it for now.

Kinder Morgan Inc is a leading North American energy infrastructure provider, operating a vast network of natural gas and petroleum pipelines. The company has a strong position due to its asset scale and reliance on stable, fee-based service contracts, which support consistent cash flow. Its primary growth opportunity lies in providing critical energy infrastructure to support rising natural gas demand from AI data centers and LNG exports. However, investors must monitor risks related to environmental regulations, the long-term energy transition, and execution challenges for new infrastructure. The stock is best suited for income-focused investors looking for steady, dividend-paying exposure to energy logistics, with valuation generally tied to cash flow yields.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers moderate growth potential linked to energy demand rather than high-growth disruption.
Momentum investorWeak fitThe stock tends to be a slow-moving income play rather than a momentum-driven growth asset.
Value investorStrong fitThe stock is often priced based on stable cash flow yields, making it attractive to value-oriented investors.
Dividend investorStrong fitThe company is prioritized by income investors for its reliable, high-yielding dividend and payout stability.
Low-risk investorStrong fitFee-based business models generally offer lower volatility compared to pure commodity producers.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumWhile fee-based, the stock price remains sensitive to broader market sentiment and energy sector trends.
Valuation riskLowValuations are generally tied to sustainable cash flow metrics which provides a valuation floor.
Competition risk (Pipeline capacity)MediumCompetition for throughput volumes and new project permits can impact future revenue growth.
Business qualityStrongThe company owns critical, hard-to-replicate infrastructure that acts as a wide economic moat.
Dividend incomeLowThe dividend is supported by stable, long-term contractual cash flows.
Execution riskMediumLarge infrastructure projects face significant regulatory and construction hurdles.

Price Behavior

Steady Uptrend
PRICE PATH

Steady Uptrend

The stock demonstrates consistent and steady upward price momentum.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 32.27%
Avg. Invested days 47
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
KMI receives a 4-star rating, supported by solid unit economics, solid company fundamentals, solid quantitative characteristics, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
KMI has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and strong ownership. In FY2025 versus FY2024, solid earnings growth (+17.0%) supports the fundamentals score.

Financial Health Rating

★★★★★
KMI's financial health is supported by strong cash strength, including free-cash-flow generation of $3.2B (19.0% of revenue). Liquidity is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is KMI's strongest growth driver at +17.0% FY2025 versus FY2024 (solid, 4 stars). Revenue growth (+12.5%, solid) and free-cash-flow growth (+7.2%, moderate) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 70.8% and approximately 86.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 12.70% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.81%
State Street Corp 5.64%
Vanguard Capital Management, LLC 5.61%
Vanguard Portfolio Management, LLC 3.02%
Bank of America Corp 2.79%

Unit Economics (Per $1K Revenue)

★★★★★
KMI generates approximately $437 of gross profit, $284 of operating income, and $190 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 20.84%

Quantitative Style Profile

★★★★★
KMI has a high-quality, large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 68.47B USD
Price to earnings Ratio 19.84
1Y Target Price 36.05
Price to earnings Ratio 19.84
1Y Target Price 36.05
Volume (30-day avg) 12.3M shares
Beta 0.55
52 Weeks Range 24.74 - 34.49
Updated Date 09/27/2026
52 Weeks Range 24.74 - 34.49
Updated Date 09/27/2026
Dividends yield (FY) 3.78%
Basic EPS (TTM) 1.55

How Company Makes Money

Business areaWhat it includesRetail investor read
Natural Gas PipelinesTransportation and storage fees under long-term contracts.This is the primary earnings engine, providing steady cash flow from moving gas to homes and power plants.
Products PipelinesTariffs for transporting gasoline, diesel, and jet fuel.Revenue fluctuates based on refined fuel demand and consumer driving habits.
TerminalsStorage and handling fees for bulk commodities.Provides stable, warehouse-like fees for storage of chemicals and energy products.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 19.84
Forward PE 20
Enterprise Value 101.90B
Price to Sales(TTM) 3.81
Enterprise Value 101.90B
Price to Sales(TTM) 3.81
Enterprise Value to Revenue 5.66
Enterprise Value to EBITDA 13.21
Shares Outstanding 2.23B
Shares Floating 1.94B
Shares Outstanding 2.23B
Shares Floating 1.94B
Percent Insiders 12.7
Percent Institutions 70.85

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Kinder Morgan Inc

Exchange NYSE
Headquarters Houston, TX, United States
IPO Launch date 2011-02-11
CEO & Director Ms. Kimberly Allen Dang
Sector Energy
Industry Oil & Gas Midstream
Full time employees 11028
Full time employees 11028

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 feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1997 and is headquartered in Houston, Texas.