Kinder Morgan
KMI · NYSE · Energy
$32.71
$0.84 (-2.57%) today
Market Cap
$72.87B
24h Volume
$431.4M
P/E Ratio
20.2
52w High
$34.13
52w Low
$24.90
Est. AI Revenue
8%
7-Day Sparkline (Static)
Company facts
Performance
About Kinder Morgan
Kinder Morgan operates the largest natural gas pipeline network in North America, moving a major share of US gas. It earns fee based revenue transporting and storing natural gas, refined products, and CO2, with cash flows backed by long term contracts.
Its segments include Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The gas business is the growth engine: Kinder Morgan has sanctioned expansion projects in Texas and the Southeast that management ties directly to gas fired power demand from new data centers, and it quantifies that demand as a key part of its project backlog.
Founded in 1997 and headquartered in Houston, Texas, the company employs about 11,000 people and trades on the NYSE.
Kinder Morgan in the AI buildout
Kinder Morgan sits in the Power & Energy layer of the AI buildout. New data centers are driving utilities to build gas fired power plants, and those plants need firm pipeline capacity. Kinder Morgan's network is concentrated in Texas and the Southeast, exactly where much of that generation is being planned, and its sanctioned expansion backlog names power demand from data centers as a key driver. The exposure is real but diluted by an enormous legacy transport business.
KMI is tracked in Power & Energy, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
KMI trades at $32.71, 85% of the way up its 52-week range of $24.90 to $34.13.
Market cap
Market capitalization is $72.87B, with an AI Exposure Score of 27 out of 100.
Valuation vs peers
Its P/E ratio of 20.2 is below the Power & Energy category median of 26.4.
Next earnings
Kinder Morgan is next expected to report earnings on January 27, 2027.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Kinder Morgan do?
Kinder Morgan operates the largest natural gas pipeline network in North America, along with refined products pipelines, terminals, and CO2 infrastructure. It earns fee based revenue moving and storing energy for customers under long term contracts.
How is Kinder Morgan exposed to AI?
Supercycle rates it Peripheral with an AI Exposure Score of 27 out of 100. It has sanctioned pipeline expansions in Texas and the Southeast underpinned by gas fired power demand from data centers, but its vast legacy transport base keeps the AI-linked share small.
Which Kinder Morgan projects tie to data centers?
Management ties much of its natural gas expansion backlog to power demand, including projects serving the Southeast and Texas markets where data center construction is concentrated. These projects add transport capacity for utilities building new gas fired generation.
Is KMI a pure play AI stock?
No. Supercycle classifies Kinder Morgan as Peripheral. Data center power demand supports its growth backlog, but the overwhelming majority of its business is general purpose energy transport that would exist with or without AI.
Who leads Kinder Morgan?
Kimberly Dang serves as chief executive officer. The company was co-founded in 1997 by Richard Kinder, is headquartered in Houston, Texas, employs about 11,000 people, and trades on the NYSE under KMI.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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