-2.19%
0.31%
12.14%
30.08%
62.44%
58.32%
31.70%
AI Spotlight on KMI
Company Description
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 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, 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.It owns and operates approximately 83,000 miles of pipelines and 143 terminals.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 1936 and is headquartered in Houston, Texas.
Market Data
| Last Price | 27.48 |
| Change Percentage | -2.19% |
| Open | 28.23 |
| Previous Close | 28.1 |
| Market Cap ( Millions) | 61062 |
| Volume | 14675456 |
| Year High | 31.48 |
| Year Low | 16.47 |
| M A 50 | 27.93 |
| M A 200 | 22.87 |
Financial Ratios
| FCF Yield | 6.48% |
| Dividend Yield | 3.14% |
| ROE | 8.73% |
| Debt / Equity | 104.12% |
| Net Debt / EBIDTA | 522.67% |
| Price To Book | 2.0 |
| Price Earnings Ratio | 23.01 |
| Price To FCF | 15.43 |
| Price To sales | 4.04 |
| EV / EBITDA | 15.29 |
News
- Jan -30 - 3 Big Dividend Laggards That Could Still Crush The Market In 2025
- Jan -30 - Kinder Morgan Announces the Advancement of $1.7B Gas Pipeline in Texas
- Jan -29 - Forget DeepSeek: Up To 13% Dividend Yields From A.I. Investments
- Jan -29 - Artificial Intelligence (AI) and More Give Kinder Morgan a Robust Backlog. Is the Stock a Buy?
- Jan -26 - Kinder Morgan Expects Growth to Continue in 2025, but Is the High-Yield Dividend Stock a Buy Now?
- Jan -26 - Forget The Mag-7: 2 Of My Favorite Dividend Winners Built To Thrive
- Jan -25 - This High-Yielding Dividend Stock Couldn't Be More Excited About Its Growth Prospects
- Jan -24 - Kinder Morgan Q4: Strong Strategy For Growth In Oil And Gas
- Jan -24 - Kinder Morgan Is Stomping on the Gas
- Jan -23 - Kinder Morgan's Uptrend is Only Half Over: New Highs Are Coming
- Jan -23 - Kinder Morgan Q4 Earnings Miss Estimates, Revenues Fall Y/Y
- Jan -23 - Kinder Morgan, Inc. (KMI) Q4 2024 Earnings Call Transcript
- Jan -22 - Kinder Morgan (KMI) Q4 Earnings and Revenues Lag Estimates
- Jan -22 - Kinder Morgan: EPS Rises, Revenue Falls
- Jan -22 - Kinder Morgan Earnings Miss But AI, Cryptocurrency Demand For Natural Gas Is 'Being Realized'
- Jan -22 - Don't Overlook These Top Stocks as Q4 Earnings Approach: AA, KMI
- Jan -21 - Kinder Morgan (KMI) Upgraded to Strong Buy: Here's Why
- Jan -20 - Is Kinder Morgan Poised for a Beat in Fourth-Quarter Earnings?
- Jan -18 - Prediction: These 2 Stocks Could Soar if the Fed Cuts Rates Further in 2025
- Jan -18 - Could Buying Kinder Morgan Stock Today Set You Up for Life?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Natural Gas Pipelines
Expected Growth : 2.5 %
What the company do ?
Kinder Morgan's Natural Gas Pipelines transport approximately 40% of the natural gas consumed in the United States, connecting production areas to markets across North America.
Why we expect these perspectives ?
Kinder Morgan's Natural Gas Pipelines segment growth is driven by increasing US natural gas production, rising LNG exports, and growing demand from power generation and industrial sectors. Additionally, the company's strategic pipeline network and expansion projects, such as the Gulf Coast Express, support volume growth and higher margins.
Segment n°2 -> Products Pipelines
Expected Growth : 1.8 %
What the company do ?
Kinder Morgan's Products Pipelines transport refined petroleum products, such as gasoline, diesel, and jet fuel, across North America.
Why we expect these perspectives ?
Kinder Morgan's Products Pipelines segment growth of 1.8% is driven by increasing demand for refined petroleum products, expansion of existing pipeline infrastructure, and strategic acquisitions. Additionally, growing exports of refined products to Mexico and Latin America, as well as rising volumes from shale plays, contribute to the segment's growth.
Segment n°3 -> Terminals
Expected Growth : 1.2 %
What the company do ?
Terminals from Kinder Morgan, Inc. are facilities that store and transfer energy products, such as petroleum and chemicals, for further transportation or distribution.
Why we expect these perspectives ?
Kinder Morgan's terminals segment growth is driven by increasing demand for energy storage and transportation, strategic acquisitions, and expansion into new markets. The 1.2% growth rate is also supported by the company's focus on cost savings initiatives, operational efficiencies, and investments in infrastructure development.
Segment n°4 -> CO2
Expected Growth : 2.8 %
What the company do ?
Kinder Morgan, Inc. is a leading energy infrastructure company, emitting approximately 24.4 million metric tons of CO2 equivalent in 2020, primarily from natural gas transmission and transportation operations.
Why we expect these perspectives ?
Kinder Morgan's 2.8% CO2 growth driven by increasing natural gas demand, expansion of LNG terminals, and rising oil production in the Permian Basin. Additionally, the company's focus on reducing emissions through energy efficiency projects and renewable energy investments contributes to its growth.
Kinder Morgan, Inc. Products
| Product Range | What is it ? |
|---|---|
| Natural Gas Pipelines | Kinder Morgan owns and operates a vast network of natural gas pipelines, transporting approximately 40% of the natural gas consumed in the United States. |
| Refined Products Pipelines | Kinder Morgan operates pipelines that transport refined petroleum products, such as gasoline, diesel fuel, and jet fuel, to markets across North America. |
| Crude Oil Pipelines | The company's crude oil pipelines transport crude oil from production areas to refineries, supporting the production of refined petroleum products. |
| Terminals | Kinder Morgan operates a network of terminals that store and handle petroleum products, chemicals, and other liquids. |
| Carbon Dioxide (CO2) | The company produces and transports CO2, used in enhanced oil recovery (EOR) operations to increase oil production from existing fields. |
| Liquids Storage and Handling | Kinder Morgan provides storage and handling services for petroleum products, chemicals, and other liquids at its terminals and facilities. |
Kinder Morgan, Inc.'s Porter Forces
Threat Of Substitutes
Kinder Morgan, Inc. operates in the energy infrastructure industry, which has a moderate threat of substitutes. While there are alternative energy sources, the demand for oil and gas is still high, and the company's diversified portfolio of pipelines and terminals provides a competitive advantage.
Bargaining Power Of Customers
Kinder Morgan, Inc. has a diverse customer base, including major oil and gas companies, which reduces the bargaining power of individual customers. Additionally, the company's strategic location and infrastructure provide a competitive advantage, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Kinder Morgan, Inc. relies on a few major suppliers for its pipeline and terminal operations. While the company has some bargaining power due to its size and scale, suppliers may still have some negotiating power, particularly if they are providing specialized services or equipment.
Threat Of New Entrants
The energy infrastructure industry has high barriers to entry, including significant capital requirements, regulatory hurdles, and the need for specialized expertise. These barriers make it difficult for new entrants to compete with established players like Kinder Morgan, Inc.
Intensity Of Rivalry
The energy infrastructure industry is highly competitive, with several major players vying for market share. Kinder Morgan, Inc. faces intense competition from companies like Enterprise Products Partners, Enbridge, and TransCanada, which can lead to pricing pressure and reduced margins.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.45% |
| Debt Cost | 7.20% |
| Equity Weight | 48.55% |
| Equity Cost | 8.33% |
| WACC | 7.75% |
| Leverage | 105.97% |
Kinder Morgan, Inc. : Quality Control
Kinder Morgan, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CQP | Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana. … |
| ET | Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural … |
| WMB | The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, … |
| EPD | Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four … |
| OKE | ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Cheniere Energy Partners
A-Score
1-Year Total Return ->
🥈
Energy Transfer
A-Score
1-Year Total Return ->
🥉
Enterprise Products Partners
A-Score
1-Year Total Return ->
4
Kinder Morgan
A-Score
1-Year Total Return ->
5
Williams
A-Score
1-Year Total Return ->
6
