Houston, Texas-based Kinder Morgan, Inc. (KMI) is an energy infrastructure company primarily operating in North America. The company has a market cap of $70.9 billion and operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. KMI owns and operates interstate and intrastate natural gas pipelines and storage systems, natural gas gathering systems, and natural gas processing and treating facilities, among others.
KMI is expected to release its Q3 2026 earnings soon. Ahead of this event, analysts anticipate the company will generate earnings of $0.33 per share, representing an increase of 13.8% from $0.97 per share reported in the same quarter last year. The company has met or surpassed the Street’s bottom-line estimates in each of the past four quarters, which is impressive.
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For fiscal 2026, analysts expect the company to report an EPS of $1.55, indicating a 19.2% rise from $1.30 reported in fiscal 2025. Its EPS is expected to remain unchanged and come in at $8.05 in fiscal 2027.
www.barchart.comKinder Morgan shares have grown 14.6% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 15% rise and also the State Street Energy Select Sector SPDR ETF’s (XLE) 46.7% rise during the same time frame.
www.barchart.comOn Aug. 11, KMI announced a joint venture agreement with Phillips 66 (PSX) and HF Sinclair Corporation (DINO) to move forward with the proposed Western Gateway Pipeline system, with Phillips 66, Kinder Morgan, and HF Sinclair owning 49.9%, 35.1%, and 15% of the system, respectively. This venture combines the capabilities of all three companies and strengthens fuel supply reliability and delivers a more cost-effective, resilient path for growing markets across the West. Western Gateway has a design capacity of 230,000 barrels per day, with a new fuel supply path from St. Louis, Missouri, and expanded Gulf Coast origin points to Arizona and California.
Additionally, on July 22, KMI stock rose marginally following the release of its Q2 2026 earnings. The company’s revenue for the quarter amounted to $4.5 billion, surpassing the Street’s estimates. Moreover, its adjusted EPS came in at $0.37, also coming in on top of Wall Street’s forecasts. Kinder Morgan expects full-year earnings to be $1.36 per share.
The consensus opinion on the stock is moderately bullish, with a “Moderate Buy” rating overall. Of the 24 analysts covering the stock, 10 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and 13 recommend a “Hold.” KMI’s average analyst price target is $36.26 and offers a 12.4% upside.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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