---
title: "KMI Kinder Morgan"
canonical: "https://supercyclehq.com/stock/kinder-morgan"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "KMI"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Kinder Morgan (KMI)

Kinder Morgan operates the largest natural gas pipeline network in North America, moving a major share of US gas.

## AI Exposure Score

**27/100, Peripheral.** Data center driven power generation is a named driver of Kinder Morgan's project backlog, with sanctioned expansions in Texas and the Southeast tied to that demand. Its vast legacy transport base keeps the AI-linked share of the business small.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $32.71 |
| Change 1d | -2.57% |
| Change 7d | -2.77% |
| Change 30d | +6.21% |
| Change 1y | +30.15% |
| 52-week high | $34.13 |
| 52-week low | $24.90 |
| Market cap | $72.9B |
| P/E | 20.19 |
| EPS | $1.62 |
| Next earnings | 2027-01-27 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NYSE |
| Sector | Energy |
| Headquarters | Houston, TX |
| CEO | Kimberly Allen Dang |
| Employees | 11,028 |
| Website | https://www.kindermorgan.com |
| Buildout layers | [Power & Energy](https://supercyclehq.com/category/power-energy) |

## What the company does

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.

## Role 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.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $2.6M | 0.01% | trimmed | 2026-06-30 |

## FAQ

### 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.

---

Source: https://supercyclehq.com/stock/kinder-morgan. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.