Kinder Morgan, IncNYSE: KMI
Energy · Oil & Gas Storage & Transportation
$32.59
-0.87%
Vol: 7.0M
Research Digest
Friday, May 1, 2026
Kinder Morgan Q1 beats with 11.5% EPS growth; 2% dividend increase amid rising AI-driven data center demand.
KMI Q1 2026 strong with $4.83B revenue and $976M net income, beating estimates by 22.1% on adjusted EPS. Announced 2% dividend increase to $0.2975 per share and advancing Western Gateway refined products pipeline with Phillips 66. Midstream giant benefits from rising natural gas demand driven by data center power needs. Jefferies cut PT to $34 maintaining Hold, consensus among 22 analysts remains Moderate Buy with $33.69 PT.
Previous Market Intelligence
13 daysApr 30Kinder Morgan Q1 2026 earnings surge 38% with dividend raise and Moody's credit upgrade to Baa1.Positive▶
Kinder Morgan reported strong Q1 2026 results with net income of $976M and EPS up 38% YoY. The board approved a 2% dividend increase to $0.2975/share. Moody's upgraded KMI's credit rating to Baa1 with stable outlook. COO James Holland announced retirement effective September 4, with Ken Grubb succeeding him. The expansion backlog reached $10.1B with 4% EBITDA and 8% earnings growth guidance for 2025-2026.
Apr 16Kinder Morgan reports 8% 2026 profit growth guidance amid AI-driven demandPositive▶
Kinder Morgan projects 8% adjusted profit growth in 2026 supported by strong natural gas demand from AI data centers and LNG exports. The company reported record 2025 EBITDA of $8.39 billion and marks its 9th consecutive year of dividend increases at $1.19 annualized yield (~3.5%). Q1 2026 earnings expected April 22. Analyst consensus is "Buy" with $33.81 price target (6.83% upside).
Apr 15Q1 earnings due April 16; expects 8% adjusted profit growth in 2026 on strong natural gas demand.Positive▶
Kinder Morgan is releasing Q1 2026 results after market close April 15, with analysts expecting EPS of $0.3827. The company announced 8% expected growth in 2026 adjusted profit backed by strong natural gas demand. A $10 billion project backlog—primarily natural gas-focused. Phillips 66 and Kinder Morgan extended the Western Gateway Pipeline second open season until April 15. Buy rating with 12-month target of $33.81.
Apr 14Kinder Morgan Q1 2026 earnings expected April 15; showcases $10B project backlog and stable fee-based cash flows.Positive▶
Kinder Morgan released 2025 Annual Report and 2026 Proxy Statement on April 6, ahead of Q1 results due April 15. Analysts expect EPS of $0.3827 and revenue of $4.5486B. Company features $10B mostly natural gas-focused project backlog. Phillips 66 and KMI extended Western Gateway Pipeline open season through April 15. 16-analyst Buy consensus with $33.81 target.
Apr 13Kinder Morgan Q1 earnings expected Wednesday; Western Gateway pipeline open season extended to April 15.Positive▶
Kinder Morgan is scheduled to release Q1 2026 results after market close on April 16. Analysts expect $0.3827 EPS and $4.5486B revenue. The company has a $10B natural gas project backlog positioned to benefit from AI data center and LNG export growth. Phillips 66 and Kinder Morgan extended Western Gateway Pipeline open season to April 15. RBC raised price target to $35.
Apr 10Kinder Morgan released 2025 Annual Report; VP insider sold $203K in stock amid $10B project backlog commentary.Neutral▶
Kinder Morgan released 2025 Annual Report and 2026 Proxy Statement. Company highlighted strong financial performance with increased revenues and pipeline infrastructure investments. VP John W. Schlosser sold 6,166 shares on April 6 for $203,071. Fresh analyst commentary on $10 billion mostly natural gas project backlog. Stock trading at $32.36 with Buy consensus and $33.81 12-month target.
Apr 9Kinder Morgan positioned for LNG growth surge as $10B project backlog drives analyst upgradesPositive▶
Kinder Morgan closed at $32.96, reflecting strong momentum from its $10 billion project backlog dominated by natural gas infrastructure supporting AI data centers and LNG exports. The company is poised to benefit as LNG feed gas demand nearly doubles from 19.8 Bcf/day in 2026 to 34+ Bcf/day by 2030. Raymond James raised Q1 estimates citing favorable weather and volumes, while Stifel increased PT to $33. The company maintains 96% fee-based or hedged cash flows, insulating earnings from commodity volatility.
Apr 8Kinder Morgan Rises on Price Target Increases from Citi and RBCPositive▶
KMI up 0.86% with analyst sentiment turning positive. Citi raised target to $33 from $28; RBC raised to $35 from $32. Consensus Buy rating from 16 analysts with 12-month target of $33.81. Strong 3.5% dividend yield supports long-term fundamentals.
Apr 7Kinder Morgan reports record Q4 results; $10B backlog supports 19% natural gas demand surge forecastPositive▶
Kinder Morgan released 2025 annual report and 2026 proxy statement April 6. Q4 2025 marked record net income and adjusted EBITDA with 96% fee-based/hedged cash flows. CEO forecast feed gas demand averaging 19.8 Bcf/day in 2026, up 19% from 2025. $10B project backlog 90% natural gas-focused, 60% supporting power generation. Proposed Western Gateway Pipeline (with Phillips 66) to bring fuels from St. Louis to Southern California. Stock $32.93 with 3.44% dividend yield. 16 analysts rate Buy with $33.81 12-month target.
Apr 6Kinder Morgan records 2025 record earnings; Phillips 66 extends Western Gateway open season for capacityPositive▶
Kinder Morgan delivered record FY 2025 net income and EBITDA, with 14% natural gas segment earnings growth and higher transportation volumes. Revenue was $16.94 billion, up 12.17%, with earnings of $3.04 billion, up 17.01%. The board approved a cash dividend of $0.2925 per share for Q4 2025. Phillips 66 and Kinder Morgan announced extension of a second open season for Western Gateway capacity on March 25, 2026. The surging U.S. LNG export market is projected to double by 2030, with Kinder Morgan transporting about 40% of feed gas. Consensus analyst rating is "Buy" with 12-month price target of $33.81, representing 2.83% upside.
Apr 3Kinder Morgan extends Western Gateway pipeline open season to April 15; Raymond James raises estimates on favorable weather and volumes.Positive▶
Kinder Morgan and Phillips 66 extended the second open season for the Western Gateway refined products pipeline to April 15. Raymond James raised financial estimates citing favorable weather and stronger volumes, increasing Q1 2026 adjusted EBITDA estimate to $2.35B. Stock trading at $32.62 (YTD +22%) with 3.5% dividend yield.
Apr 2Kinder Morgan delivered record 2025 earnings and EBITDA; Raymond James raised FY2026 EBITDA estimate on weather-driven volume gains.Positive▶
Kinder Morgan delivered record FY 2025 net income and EBITDA, driven by 14% natural gas segment earnings growth. Raymond James raised Q1 2026 adjusted EBITDA estimate to $2.35 billion following weather-related benefits and volume improvements, with FY2026 estimate now at $8.7 billion. The stock has returned 18.5% year-to-date and 22.6% over one year, benefiting from surging natural gas demand from AI and data center growth. Analysts maintain a Buy consensus with average PT of $33.81.
Apr 1Kinder Morgan extends Western Gateway Pipeline open season; RBC raises price target to $35 citing natural gas demand.Positive▶
Kinder Morgan delivered record FY 2025 net income and EBITDA driven by 14% natural gas segment earnings growth. Raymond James raised Q1 2026 adjusted EBITDA forecast. RBC Capital increased PT from $32 to $35 and Citi raised PT to $33.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| WMBWILLIAMS | $75.66 | -0.85% | +5.1% | 29.4x | 0.65 | $93.3B |
| KMIKINDER | $32.59 | -0.87% | -1.0% | 22.3x | 0.63 | $73.1B |
| OKEONEOK | $90.70 | -1.90% | +4.5% | 15.0x | 0.81 | $58.3B |
| TRGPTARGA | $254.78 | -2.04% | +5.9% | 22.4x | 0.81 | $55.9B |
| XOMEXXON | $153.41 | -0.60% | -5.5% | 15.2x | 0.29 | $641.5B |
| CVXCHEVRON | $190.83 | -1.28% | -2.8% | 16.5x | 0.59 | $385.1B |
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Price between 50d and 200d. Testing 50d support.