Kinder Morgan Analysis in April (2026) | Price Target, Profits & Valuation

Kinder Morgan

NYSE:KMI

$ 33,53

$-0,12 (-0,36%)

33,53 $

$-0,12 (-0,36%)

End-of-day quote: 03/31/2026

Kinder Morgan Stock Value

Analysts currently give NYSE:KMI a rating of Outperform.

Outperform

Kinder Morgan Company Info

EPS Growth 5Y

8,12%

Market Cap

$74,60 B

Long-Term Debt

$30,78 B

Short Interest

3,29%

Quarterly earnings

04/15/2026

Dividend

$1,17

Dividend Yield

3,48%

Founded

1997

Industry

Energy

Country

United States

ISIN Number

US49456B1017

Website

http://www.kindermorgan.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$35,00

4.38%

Last Update: 04/01/2026

Analysts: 22

Highest Price Target $43,00

Average Price Target $35,00

Lowest Price Target $26,00

In the last five quarters, Kinder Morgan’s Price Target has risen from $19,32 to $29,90 - a 54,76% increase. Seventeen analysts predict that Kinder Morgan’s share price will increase in the coming year, reaching $35,00. This would represent an increase of 4,38%.

Top growth stocks in the energy sector (5Y.)

What does Kinder Morgan do?

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. As of December 31, 2024, the company owned an interest in or operated approximately 79,000 miles of pipelines, 139 terminals, approximately 700 Bcf of working natural gas storage capacity and RNG generation capacity of approximately 6.1 Bcf per year of gross production. The company’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and it...

Kinder Morgan, Inc. operates as an energy infrastructure company in North America.

As of December 31, 2024, the company owned an interest in or operated approximately 79,000 miles of pipelines, 139 terminals, approximately 700 Bcf of working natural gas storage capacity and RNG generation capacity of approximately 6.1 Bcf per year of gross production. The company’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and its terminals store and handle various commodities, including gasoline, diesel fuel, jet fuel, chemicals, petroleum coke, metals, and ethanol and other renewable fuels and feedstocks.

Strategy

The key elements of the company’s strategy are to focus on stable, fee-based energy transportation and storage assets that are central to the energy infrastructure of growing markets within North America or served by the U.S. exports; and leverage economies of scale through growth from asset expansions and acquisitions that fit within its strategy.

Segments

Natural Gas Pipelines

Natural Gas Pipelines business segment includes interstate and intrastate pipelines, underground storage facilities, the company’s LNG liquefaction and terminal facilities and NGL fractionation facilities, and includes both FERC regulated and non-FERC regulated assets.

The company’s primary businesses in this segment consist of natural gas transportation, storage, sales, gathering, processing and treating, and various LNG services. Within this segment are approximately 41,000 miles of wholly owned natural gas pipelines and its equity interests in entities that have approximately 26,000 miles of natural gas pipelines, along with associated storage and supply lines for these transportation networks, which are strategically located throughout the North American natural gas pipeline grid. The company’s transportation network provides access to the major natural gas supply areas and consumers in the western U.S., Rocky Mountain, Midwest, Texas, Louisiana, Southeastern and Northeast regions. The company’s LNG terminal facilities also serve natural gas market areas in the southeast.

Natural Gas Pipelines Segment Contracts

Revenues from the company’s interstate natural gas pipelines, related storage facilities and LNG terminals are primarily received under long-term fixed contracts. The company’s Texas Intrastate natural gas pipeline operations derive approximately 76% of sales and transport margins from long-term transport and sales contracts. As contracts expire, the company has additional exposure to the longer term trends in supply and demand for natural gas. As of December 31, 2024, the remaining weighted average contract life of the company’s natural gas transportation contracts held by assets it owns or has equity interests in (including intrastate pipelines’ sales portfolio) was approximately seven years and its LNG regasification and liquefaction and associated storage contracts were subscribed under long-term agreements with a weighted average remaining contract life of approximately 10 years.

Midstream assets provide natural gas gathering and processing services. These assets are mostly fee-based, and the revenues and earnings the company realizes from gathering natural gas, processing natural gas in order to remove NGL from the natural gas stream, and fractionating NGL into its base components, are affected by the volumes of natural gas made available to the company’s systems. Such volumes are impacted by producer rig count and drilling activity. In addition to fee-based arrangements, some of which may include minimum volume commitments, the company also provides some services based on percent-of-proceeds, percent-of-index and keep-whole contracts. The company’s service contracts sometimes rely solely on a single type of arrangement, but more often they combine elements of two or more of the above, which helps it and its counterparties manage the extent to which each shares in the potential risks and benefits of changing commodity prices. The company’s natural gas marketing activities generate revenues from the sale and delivery of natural gas purchased either directly from producers or from others on the open market.

Customers

The company’s customers who ship through its natural gas pipelines compete with other forms of energy available to their natural gas customers and end users, including oil, coal, nuclear and renewables such as hydro, wind and solar power, along with other evolving forms of renewable energy.

Products Pipelines

Products Pipelines business segment consists of the company’s refined petroleum products, crude oil and condensate pipelines, and associated terminals, its condensate processing facility and its transmix processing facilities.

Products Pipelines Segment Contracts

The company’s crude, condensate and refined petroleum products transportation services are primarily provided pursuant to FERC or state tariffs, which do not require contractual commitments, or long-term contracts that normally contain minimum volume commitments. The company’s petroleum condensate processing facility splits condensate into its various components, such as light and heavy naphtha, under a long-term fee-based agreement with a major integrated oil company. The company’s crude oil marketing activities generate revenues from the sale and delivery of crude oil and condensate purchased either directly from producers or from others on the open market.

Terminals

Terminals business segment includes the operations of the company’s refined petroleum product, chemical, renewable fuel and other liquid terminal facilities (other than those included in the Products Pipelines business segment) and all of its bulk terminal facilities, which handle products, such as petroleum coke, metal and ores, among others. The company’s terminals are located primarily near large U.S. urban centers. The company often classifies its terminal operations based on the handling of either liquids or dry-bulk material products. In addition, the company’s Terminals’ operations include Jones Act-qualified product tankers that provide marine transportation of crude oil, condensate, refined petroleum products and renewable fuel between U.S. ports.

Terminals Segment Contracts

The company’s liquids terminals business generally enters into long-term contracts that require the customer to pay its fee regardless of whether they use the capacity. Thus, similar to the company’s natural gas pipelines business, its liquids terminals business is less sensitive to short-term changes in supply and demand. Therefore, the extent to which changes in supply and demand affect the company’s terminals business in the near term is a function of the remaining length of the underlying service contracts (which on a weighted average basis was approximately two years as of December 31, 2024), the extent to which revenues under the contracts are a function of the amount of product stored or transported, and the extent to which such contracts expire during any given period of time.

CO2

CO2 business segment produces, transports and markets CO2 for use in enhanced oil recovery projects as a flooding medium for recovering crude oil from mature oil fields. The company also owns and operates oil and gas producing fields, and RNG, LNG and landfill GTE facilities. The company’s CO2 pipelines and related assets allow it to market a complete package of CO2 supply and transportation services to its customers.

CO2 Segment Contracts

The company’s CO2 source and transportation business primarily has third-party contracts with minimum volume requirements, which as of December 31, 2024 had a remaining average contract life of approximately six years. The company’s success in this portion of the CO2 business segment can be impacted by the demand for CO2. In the CO2 business segment’s oil and gas producing activities, the company monitors the amount of capital it expends in relation to the amount of production that it expects to add.

CO2 Segment Competition

The company’s primary competitors for the sale of CO2 include suppliers that have an ownership interest in McElmo Dome, Bravo Dome and Sheep Mountain CO2 resources. The company’s ownership interests in the Central Basin, Cortez and Bravo pipelines are in direct competition with other CO2 pipelines. The company competes with other interest owners in the McElmo Dome unit and the Bravo Dome unit for transportation of CO2 to the Denver City, Texas market area.

Major Customers

The company’s revenue is derived from a wide customer base.

Regulations

The company operates its interstate natural gas pipeline and storage facilities subject to the jurisdiction of the FERC and the provisions of the Natural Gas Act of 1938 (NGA), the Natural Gas Policy Act of 1978 (NGPA), and the Energy Policy Act of 2005 (the Energy Policy Act). These laws give the FERC authority over the siting, construction and operation of such facilities, including their modification, extension, enlargement and abandonment.

Some of the company’s U.S. refined petroleum products, NGL, and crude oil gathering and transmission pipelines are interstate common carrier pipelines, subject to regulation by the FERC under the Interstate Commerce Act, or ICA. The intrastate common carrier operations of the company’s refined products pipelines in California are subject to regulation by the CPUC under a depreciated book plant methodology. The intrastate operations of the company’s crude oil and liquids pipelines and natural gas pipelines and storage facilities in Texas are subject to regulation with respect to such intrastate transportation by the RCT.

The company is subject to the Jones Act and other federal laws that restrict maritime transportation (between U.S. departure and destination points) to vessels built and registered in the U.S. and owned and crewed by U.S. citizens. The company generates both hazardous and non-hazardous wastes that are subject to the requirements of the Federal Resource Conservation and Recovery Act (RCRA) and comparable state statutes. The company’s operations are subject to the Clean Air Act, its implementing regulations, and analogous state statutes and regulations. The company is subject to pipeline safety regulations issued by the United States Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA), as well as any states that are certified by PHMSA to regulate pipeline safety for intrastate pipelines in their respective states. The company is subject to the requirements of federal and state agencies, including, where appropriate, the Occupational Safety and Health Administration (OSHA), that address, among other things, employee health and safety.

History

The company was founded in 1997. The company was incorporated in 2006. It was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in 2011.

Kinder Morgan Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry revenues of Kinder Morgan, Inc.:** - Natural gas transportation and storage: approx. 60% - Liquified gas and petroleum products: approx. 25% - CO2 transportation and sales: approx. 10% - Terminals and other services: approx. 5% **TOP 3 markets and their percentage shares:** - USA: approx...

At which locations are the company’s products manufactured?

**Production Sites:** USA Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company operates an extensive network of pipelines and terminals, primarily located in the USA. Kinder Morgan does not produce physical products in the traditional sense, but tr...

What strategy does Kinder Morgan pursue for future growth?

**Dividend Growth:** 2% annually (estimated 2025) **Capital Expenditures:** $2.1 billion USD (planned for 2025) **Renewable Energies:** 20% of the investment budget (estimated 2025) Kinder Morgan, Inc. pursues a strategy aimed at continuous organic growth and strategic investments. The company...

Which raw materials are imported and from which countries?

**Main raw materials:** Natural gas, crude oil, liquefied natural gas (LNG) **Countries of origin:** Canada, Mexico, Saudi Arabia Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company mainly imports natural gas and crude oil to operate its pipeline...

How strong is the company’s competitive advantage?

**Market share in the pipeline sector:** Approx. 15% (estimated, 2025) **EBITDA margin:** 55% (2024) **Debt-to-equity ratio:** 4.1 (2024) Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America and owns an extensive network of pipelines and terminals. The comp...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Approx. 60% (estimated for 2025 based on historical data) **Insider Purchases/Sales:** No specific data available for 2025; however, historically, moderate activity. Kinder Morgan, Inc. has traditionally had a high proportion of institutional investors, indicating...

What percentage market share does Kinder Morgan have?

**Market share of Kinder Morgan, Inc.:** Estimate approx. 8% (2025) **Main competitors and their market shares:** 1. **Enbridge Inc.:** approx. 15% 2. **Energy Transfer LP:** approx. 12% 3. **Enterprise Products Partners L.P.:** approx. 10% 4. **Kinder Morgan, Inc.:** approx. 8% 5. **Williams Compa...

Is Kinder Morgan stock currently a good investment?

**Revenue Growth:** 3.5% (2024) **Net Income:** $1.9 billion USD (2024) **Free Cash Flow:** $4.7 billion USD (2024) Kinder Morgan, Inc. recorded a moderate revenue growth of 3.5% in 2024, attributed to stable earnings from the transportation and storage of natural gas. The company achieved a net in...

Does Kinder Morgan pay a dividend – and how reliable is the payout?

**Dividend yield:** 6.1% (2025, estimated) **Dividend history:** Continuous distribution for several years Kinder Morgan, Inc. is known for its reliable dividend policy. The company has regularly paid dividends in the past and demonstrates a strong commitment to returning capital to shareholders....

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Kinder Morgan Stock Value

Kinder Morgan Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Kinder Morgan do?

Kinder Morgan Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Kinder Morgan Stock Value

Kinder Morgan Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Kinder Morgan do?

Kinder Morgan Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.