Kinder Morgan commits $4.7B to U.S. Gas pipelines. Kinder Morgan reached final investment decisions on two U.S. natural gas pipeline projects during Q3 2026, committing $4.7 billion as its share of joint venture investments. The Southeast Connector and Permian Link projects address growing demand from power generation and support a broader expansion portfolio serving data centres, industrial customers and liquefied natural gas (LNG) exports. The company's backlog now totals $14.4 billion, including $13.2 billion in natural gas projects. Through Southern Natural Gas, the Southeast Connector would deliver up to 2.6 billion cubic feet per day across approximately 470 miles of new pipelines. Kinder Morgan's expected investment is $3.1 billion. The development targets southeastern U.S. customers, with phased completion beginning in Q4 2030, subject to regulatory approvals. The Permian Link, developed through Natural Gas Pipeline Company of America, would add approximately 2.8 billion cubic feet per day of transportation capacity across 434 miles. Total project cost is estimated at $4.2 billion, including Kinder Morgan's $1.6 billion share. Long-term transportation agreements underpin the project, which supports new power generation and targets Q3 2030 service, pending approvals. Kinder Morgan also sanctioned additional phases of its Creekside Lateral in Texas, bringing total investment to approximately $235 million to serve data centre and industrial customers. Together, these commitments show how electricity demand is advancing gas infrastructure investment. The stated capacities represent transportation capability, rather than announced increases in gas production. Industry impact. The projects strengthen the infrastructure behind dependable North American energy supply. The U.S. "Safe Barrel" position - supplying energy from an established domestic resource base - depends on transportation capacity as well as production. These gas investments support that broader energy-security role, while creating opportunities for pipeline construction, compression, engineering and equipment suppliers. Two-Sentence summary. Kinder Morgan approved $4.7 billion as its share of two pipeline projects designed to provide a combined 5.4 billion cubic feet per day of gas transportation capacity, with service targeted for 2030. The investments support growing power demand and create multiyear opportunities for infrastructure suppliers, subject to permitting and construction milestones.

Kinder Morgan (NYSE:KMI) price target raised to $39.00. Kinder Morgan (NYSE:KMI - Get Free Report) had its price target upped by investment analysts at Mizuho from $37.00 to $39.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an "outperform" rating on the pipeline company's stock. Mizuho's target price would indicate a potential upside of 14.80% from the company's current price. KMI has been the subject of several other research reports. Argus raised their target price on shares of Kinder Morgan from $36.00 to $38.00 and gave the stock a "buy" rating in a report on Tuesday, July 28th. Weiss Ratings lowered Kinder Morgan from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Stifel Nicolaus started coverage on Kinder Morgan in a research note on Wednesday, September 9th. They set a "hold" rating and a $35.00 price objective for the company. Royal Bank Of Canada boosted their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company a "sector perform" rating in a report on Tuesday, September 22nd. Finally, Citigroup restated a "neutral" rating and issued a $34.00 target price (up from $33.00) on shares of Kinder Morgan in a research note on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Kinder Morgan has an average rating of "Moderate Buy" and an average target price of $35.58. Kinder Morgan trading up 1.2%. Shares of NYSE:KMI opened at $33.97 on Thursday. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81. The stock has a market cap of $75.65 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 2.36 and a beta of 0.59. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. The business has a 50-day moving average price of $31.82 and a 200-day moving average price of $32.03. Kinder Morgan (NYSE:KMI - Get Free Report) last issued its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.02. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter in the prior year, the firm earned $0.29 earnings per share. Kinder Morgan's revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts predict that Kinder Morgan will post 1.56 EPS for the current year. Insider buying and selling at Kinder Morgan. In other news, VP Michael Garthwaite sold 1,550 shares of the stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the sale, the vice president directly owned 47,313 shares of the company's stock, valued at $1,592,082.45. This represents a 3.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.72% of the company's stock. Institutional investors weigh in on Kinder Morgan. Institutional investors have recently modified their holdings of the business. OP Asset Management Ltd purchased a new stake in Kinder Morgan in the 1st quarter valued at about $6,412,000. USS Investment Management Ltd boosted its stake in Kinder Morgan by 10.3% in the first quarter. USS Investment Management Ltd now owns 421,306 shares of the pipeline company's stock valued at $14,116,000 after acquiring an additional 39,418 shares in the last quarter. Oak Family Advisors LLC acquired a new position in Kinder Morgan in the second quarter valued at $3,627,000. International Assets Investment Management LLC purchased a new position in shares of Kinder Morgan during the first quarter worth about $3,406,000. Finally, iA Global Asset Management Inc. purchased a new position in shares of Kinder Morgan during the first quarter worth about $3,075,000. 62.52% of the stock is currently owned by institutional investors and hedge funds. Key stories impacting Kinder Morgan. Here are the key news stories impacting Kinder Morgan this week: * Q3 earnings and revenue exceeded expectations. Kinder Morgan reported adjusted earnings of $0.35 per share, ahead of the $0.33 consensus estimate and up from $0.29 a year earlier. Revenue increased 9.3% year over year to $4.53 billion, surpassing the $4.37 billion estimate, while net income reached $764 million. * Natural-gas growth prospects strengthened. Kinder Morgan added $5.4 billion to its expansion project backlog, reportedly bringing the total backlog to a record level as demand from data centers, power generation and LNG exports accelerates. The company also committed billions of dollars to new pipeline projects, including infrastructure intended to supply a data center. * The dividend was maintained. KMI declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing an indicated yield of approximately 3.5%. The dividend is payable November 16 to shareholders of record November 2. * Management's earnings outlook trails expectations. Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet estimate of $1.54, potentially limiting the immediate upside from the strong quarter. * An executive stock sale adds a minor overhang. Vice President Michael Garthwaite sold 1,550 shares for approximately $52,158 under a pre-arranged Rule 10b5-1 plan. Because the sale was relatively small and preplanned, it may have limited significance for investors. Kinder Morgan company profile. Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities. The company's natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure. Further reading. Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter.

Kinder Morgan's Natural Gas Pipeline backlog hits record $13.2 billion. Kinder Morgan reported record third-quarter 2026 earnings on Wednesday and announced $5.4 billion in new expansion projects, bringing its total project backlog to $14.4 billion, including a record $13.2 billion in natural gas infrastructure investments. The Houston-based pipeline operator said its overall project backlog increased by a net $4.7 billion from the second quarter, after accounting for approximately $700 million in projects entering service. The expansion reflects rising demand for natural gas infrastructure across the United States, particularly from power generation, data centers, industrial development, and liquefied natural gas (LNG) exports. More than 75% of Kinder Morgan's total project backlog is tied to electricity generation and local gas distribution demand. Two major natural gas pipeline projects account for a significant portion of the company's latest investment commitments. The Southeast Connector Project, developed by Southern Natural Gas Company, will transport up to 2.6 billion cubic feet per day (Bcf/d) of natural gas through approximately 470 miles of new pipeline and associated compression infrastructure. The project will connect Marcellus and Utica shale gas supplies with expanding markets in the southeastern United States. Kinder Morgan expects its share of the investment to reach approximately $3.1 billion, with initial operations scheduled for the fourth quarter of 2030, subject to regulatory approvals. Meanwhile, Natural Gas Pipeline Company of America has approved the Permian Link Project, a roughly $4.2 billion development designed to transport approximately 2.8 Bcf/d of natural gas. The 434-mile pipeline will support new electricity generation serving a major hyperscale technology customer. Kinder Morgan's share of the investment is estimated at $1.6 billion, with startup targeted for the third quarter of 2030. Both projects have secured long-term transportation agreements, providing contracted revenue streams once operational. Kinder Morgan is also expanding its Creekside Lateral Project in Central Texas, approving an additional $150 million in development phases following new agreements with data center and industrial customers. The approximately $235 million project is expected to supply more than 750 million cubic feet per day of contracted transportation capacity upon completion. The company's expanding pipeline investment program comes alongside stronger operating performance. Third-quarter net income climbed 22% to $764 million, compared with $628 million a year earlier. Adjusted earnings per share increased 21% to $0.35, while adjusted EBITDA rose 9% to $2.18 billion. Natural gas transportation volumes increased 3% year over year, supported by higher LNG deliveries and increased demand across the company's Texas pipeline network. Natural gas gathering volumes climbed 14%, primarily reflecting stronger activity on the KinderHawk system. The company now expects full-year adjusted EBITDA to exceed its original $8.6 billion budget by more than 6%, while adjusted earnings per share are projected to beat the initial $1.36 forecast by more than 13%. Kinder Morgan also maintained its commitment to shareholder returns, declaring a quarterly dividend of $0.2975 per share, representing a 2% increase from the corresponding period last year. Beyond natural gas, the company is advancing its Western Gateway refined products pipeline alongside Phillips 66 and HF Sinclair. The approximately 1,300-mile project is designed to deliver 230,000 barrels per day of transportation capacity to markets in Arizona and California, with operations targeted for 2029. For investors, Kinder Morgan's growing inventory of contracted pipeline projects highlights the expanding role of natural gas infrastructure in meeting U.S. electricity demand, particularly as hyperscale data centers and industrial facilities drive new requirements for reliable power supplies. By Charles Kennedy for Oilprice.com More Top Reads From Oilprice.com