Kinder Morgan (NYSE:KMI) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Kinder Morgan (NYSE:KMI) posted its quarterly earnings data on Wednesday. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03, Zacks reports. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.37 billion.

Kinder Morgan Stock Performance

NYSE KMI traded up $0.40 during midday trading on Wednesday, hitting $33.97. The company had a trading volume of 18,308,314 shares, compared to its average volume of 12,224,029. 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 stock has a market cap of $75.65 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 2.35 and a beta of 0.59. The firm has a fifty day simple moving average of $31.77 and a two-hundred day simple moving average of $32.02. Kinder Morgan has a fifty-two week low of $25.60 and a fifty-two week high of $34.81.

Analyst Upgrades and Downgrades

KMI has been the topic of several recent analyst reports. Jefferies Financial Group dropped their target price on shares of Kinder Morgan from $35.00 to $33.00 and set a “hold” rating on the stock in a report on Thursday, September 17th. Citigroup reaffirmed a “neutral” rating and issued a $34.00 price target (up from $33.00) on shares of Kinder Morgan in a research report on Wednesday, July 29th. Royal Bank Of Canada raised their price target on Kinder Morgan from $35.00 to $36.00 and gave the company a “sector perform” rating in a research report on Tuesday, September 22nd. Morgan Stanley set a $33.00 price objective on Kinder Morgan in a research note on Thursday, September 17th. Finally, Argus boosted their price objective on Kinder Morgan from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Eleven analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $35.47.

Insider Activity

In other news, VP Michael Garthwaite sold 1,550 shares of the company’s 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 completion of the transaction, the vice president owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. This represents a 3.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 12.72% of the company’s stock.

More Kinder Morgan News

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Record results and backlog expansion: Kinder Morgan reported record third-quarter 2026 financial results, with earnings per share and adjusted EPS both rising 21% from the prior-year period. The company also announced $5.4 billion of additions to its expansion-project backlog—the largest natural-gas project backlog in its history—signaling stronger future growth prospects. Kinder Morgan Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Dividend maintained: The board approved a quarterly cash dividend of $0.2975 per share, or $1.19 annualized. The distribution reinforces Kinder Morgan’s appeal to income-focused investors and reflects confidence in its fee-based energy-infrastructure cash flows.
• Neutral Sentiment: Analyst backdrop remains moderately bullish: Coverage tracked before the earnings release showed 11 Buy ratings and 11 Hold ratings, with an average price target of $35.47. Several firms had targets between $36 and $38, while others remained neutral, indicating upside potential but also some valuation caution.
• Negative Sentiment: Insider sale adds a modest cautionary signal: Vice President Michael Garthwaite sold 1,550 shares for approximately $52,158, reducing his holdings by 3.17%. However, the transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, and he still retained 47,313 shares, limiting the negative significance.

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.