KINDER MORGAN, INC. KMI 64.76
Utilities · NYSE · Data as of 2026-10-23
KINDER MORGAN, INC. (KMI) has delivered +3.0% annualized revenue growth, +25.1% earnings growth, and +10.2% dividend growth over 10 years of data. Ranked #412 of 1968 stocks overall and #43 of 87 in the Utilities sector by Steady Score.
About KINDER MORGAN, INC.
Company Overview
Kinder Morgan, Inc. is one of North America's largest energy infrastructure companies. It owns interests in natural gas pipelines, storage facilities, refined-products and crude-oil pipelines, terminals, and carbon dioxide transportation and production assets. The network connects producing regions with utilities, industrial users, export facilities, refineries, and population centers, providing transportation and storage services that are essential to the movement of energy commodities.
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Business Model & Revenue
Kinder Morgan earns cash flow mainly from fees charged to transport, store, and handle natural gas, petroleum products, and other materials. Many assets operate under long-term contracts, reservation charges, tariffs, or take-or-pay arrangements, reducing direct commodity-price exposure. The company also has businesses whose results vary with volumes or prices. Growth requires substantial capital for expansions and new connections, with returns shaped by customer commitments, regulation, construction costs, financing, and asset utilization.
Key Facts & Market Position
The natural gas network is the largest part of the portfolio and benefits from demand for power generation, industrial use, heating, and exports. Scale, rights-of-way, and connections create barriers to new competition. Kinder Morgan's performance nevertheless depends on contract renewals, producer health, permitting, pipeline safety, environmental compliance, interest rates, project execution, and long-term changes in North American energy consumption.