KMI - Kinder Morgan, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
19.97
-0.06 (-0.30%)
As of 11:01AM EDT. Market open.
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Previous Close20.03
Open20.05
Bid19.92 x 1800
Ask19.93 x 1200
Day's Range19.84 - 20.08
52 Week Range14.62 - 20.44
Volume4,003,719
Avg. Volume14,751,929
Market Cap45.204B
Beta (3Y Monthly)1.16
PE Ratio (TTM)28.86
EPS (TTM)0.69
Earnings DateApr 16, 2019 - Apr 22, 2019
Forward Dividend & Yield0.80 (4.00%)
Ex-Dividend Date2019-04-29
1y Target Est21.58
Trade prices are not sourced from all markets
  • Oil & Gas Stock Roundup: Schlumberger & Halliburton's Q1, ConocoPhillips' Asset Sale
    Zacks2 hours ago

    Oil & Gas Stock Roundup: Schlumberger & Halliburton's Q1, ConocoPhillips' Asset Sale

    While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.

  • CNW Group3 hours ago

    IIROC Trading Halt - KMI

    IIROC Trading Halt - KMI

  • Can Kinder Morgan Continue Succeeding Where Others Have Failed?
    Motley Fool5 hours ago

    Can Kinder Morgan Continue Succeeding Where Others Have Failed?

    The natural gas pipeline giant is working on a third gas pipeline out of the Permian Basin.

  • Kinder Morgan Stock Capitulates, Renews a Rally Fast Taking Shape
    InvestorPlace5 hours ago

    Kinder Morgan Stock Capitulates, Renews a Rally Fast Taking Shape

    As of last Thursday, Kinder Morgan (NYSE:KMI) shares looked to be in real trouble. Already fading from a big January-February rally, KMI stock plunged below its pivotal 50-day moving average line in response to a lackluster full-year outlook.Things have changed dramatically so far this week, with Kinder Morgan stock bouncing back in a pretty convincing way.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAgainst a backdrop of still-impressive fiscal progress even with the dialed-back 2019 outlook, last week's sizable plunge followed by Monday's rebound may actually hint of a major renewal of an uptrend that at least one analyst expects to take shape from here. Kinder Morgan EarningsKinder Morgan's first quarter of 2019 was solid enough. Revenue of $1.37 billion produced 60 cents per share worth of distributable cash flow, up 7% year-over-year. Both were better than the guidance of $1.35 billion and 59 cents the company had previously offered. * 5 Dividend Stocks Perfect for Retirees Ordinary net income was up 14.6%, growing from $485 million in the first quarter of 2018 to $556 million last quarter.The rest of the year, however, may not be as impressive.In January, Kinder Morgan had forecast full-year core earnings of $7.8 billion. That figure has since been dialed back to $5 billion, or $2.20 per share of KMI stock. Lower interest expenses won't be able to fully offset ramped-up spending plans. That spending may include the development of a third Permian Basin gas pipeline to abate a glut of natural gas waiting to be shipped elsewhere.During the first quarter, completed $200 million worth of expansion projects, and added $600 million worth of infrastructure growth plans to bring the backlog to $6.1 billion. Decisive ReversalThe knee-jerk response to the contracted guidance makes sense. A stock's valuation is a relatively arbitrary matter, impacted as much by headlines as results. Changes to plans can rattle investors, even without them knowing exactly why. Mere whispers of lowered core-earnings guidance was enough to shake the stock off of its perch.Thursday's big KMI stock setback, however, may have actually served as a sort of capitulation, hitting the reset button on a much bigger rally.It's Monday's bullish action that puts the finishing touches on Thursday's partial intraday reversal though. Boosting by rebounding oil prices, Monday's bounce has carried KMI stock back above its 50-day moving average line (purple) as well as the 20-day moving average line (blue). The budding downtrend has been quelled, if it was ever actually taking shape at all.Raymond James analyst Justin Jenkins doesn't think it was.On Thursday, in the midst of the selling, Jenkins maintained an "Outperform" rating on Kinder Morgan stock, and reiterated the firm's target price of $21. Jenkins argues that returns are actually more important to investors than raw growth is right now, suggesting Kinder Morgan is smartly deploying capital.Monday's big gain suggests investors see Jenkins' point. Looking Ahead for KMI StockThere's not been a highly touted difference between Kinder Morgan and other energy names, but it's one worth noting. Some oil and gas outfits are spending heavily on growth, perhaps without a great deal of regard to impact on profit.Exxon Mobil (NYSE:XOM) is arguably at the other end of this spectrum.In March it announced plans to ramp up capital spending by $4 billion this year, and increase it by roughly the same amount, with much of that CapEx aimed at improving its presence in the natural gas market. * 10 S&P 500 Stocks to Weather the Earnings Storm Neither analysts nor investors are convinced the new strategic direction is the wisest use of capital though. Cowen analyst Jason Gabelman noted of the news: "Exxon Mobil's counter-cyclical investment decision may look prescient in future years, but we do not believe the investor community is willing to place that same bet today and are downgrading the stock as a result."The more recently announced offer from Chevron (NYSE:CVX) to acquire Anadarko Petroleum (NYSE:APC) is a similarly questionable use of capital. Though Raymond James analysts don't believe Chevron is overpaying, they also don't believe it was necessary. The use of that cash and stock now may prevent the oil giant from being able to step into a more advantageous opportunity later.Kinder Morgan, meanwhile, is focusing its capital expenditures internally, which at least gives it the option to adjust spending plans as needed.In the meantime, KMI stock just appears to have new life, as investors celebrate its position against a backdrop of still-improving gas and crude oil prices.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post Kinder Morgan Stock Capitulates, Renews a Rally Fast Taking Shape appeared first on InvestorPlace.

  • Harvest Exchangeyesterday

    U.S. Motor Gasoline Consumption Forecasted To Approach Record Levels This Summer

    The EIA forecasts the U.S to be a net exporter of total gasoline during the summer for the first time since 1960 Insights from the Kinder Morgan & Schlumberger earnings calls Permian basin producers are effectively giving away their natural gas ...

  • MarketWatchyesterday

    Energy stocks broadly higher as crude oil prices surges, Halliburton beats Q1 expectations

    Shares of energy companies were broadly higher Monday, as crude oil prices jumped toward a 5 1/2-month high on supply concerns after reports that the U.S. will announce the end of waivers for countries to import Iranian oil. Also giving the sector a boost was better-than-expected first-quarter results from oil services company Halliburton Co. before the open. The SPDR Energy Select Sector ETF rose 0.8%, with 27 of its 30 equity components gaining ground, led by the 1.8% rally in Marathon Oil Corp.'s stock . Halliburton shares gained 0.1%. Among other more active energy ETF (XLE) components, shares of Kinder Morgan Inc. advanced 1.3%, Exxon Mobil Corp. rose 1.4% and Chevron Corp. tacked on 0.7%. Among the few losers, Schlumberger Ltd.'s stock gave up 0.3% and Anadarko Petroleum Corp. shares slipped 0.3%. The XLE has rallied 18.2% year to date while the S&P 500 has gained 15.8%.

  • Benzinga2 days ago

    Insider Buys Of The Week: Conagra, JPMorgan, Kinder Morgan

    Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. The Kinder Morgan Inc (NYSE: KMI) executive chair of the board, Richard Kinder, has picked up more than 502,600 additional shares of this Houston-based energy infrastructure giant. Kinder Morgan's first-quarter results came in largely as expected, and analysts still see some upside going forward.

  • 3 Top Energy Stocks to Buy Right Now
    Motley Fool2 days ago

    3 Top Energy Stocks to Buy Right Now

    With production increasing and prices on the rise, now is an excellent time to consider investing in the energy sector.

  • Kinder Morgan’s CEO Wants Investors to Know These 4 Things
    Motley Fool3 days ago

    Kinder Morgan’s CEO Wants Investors to Know These 4 Things

    The pipeline giant is adhering closely to its principles.

  • The Firm Floor Under Oil Prices
    Oilprice.com4 days ago

    The Firm Floor Under Oil Prices

    The continued slowdown of US shale production and the looming deadline for Iran sanctions waivers have put a floor under oil prices this week

  • Kinder Morgan Inc (KMI) Q1 2019 Earnings Call Transcript
    Motley Fool5 days ago

    Kinder Morgan Inc (KMI) Q1 2019 Earnings Call Transcript

    KMI earnings call for the period ending March 31, 2019.

  • Benzinga5 days ago

    Despite Recent Rally, Kinder Morgan Analyst Sees Outperformance Ahead

    Kinder Morgan Inc (NYSE: KMI ) reported broadly in-line results first-quarter results Wednesday. Although the oil pipeline operator's stock has appreciated 28 percent year-to-date, it will continue to ...

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of KMI earnings conference call or presentation 17-Apr-19 8:30pm GMT

    Q1 2019 Kinder Morgan Inc Earnings Call

  • Schlumberger Expects Higher Exploration and Production Investment
    Market Realist5 days ago

    Schlumberger Expects Higher Exploration and Production Investment

    Schlumberger’s Q1 Earnings Meet Analyst EstimatesEPS fell 21% Schlumberger (SLB) reported its first-quarter results today. The company reported EPS of $0.3, which met analysts’ consensus estimates. The EPS fell 21% YoY. “First-quarter revenue

  • Kinder Morgan Delivers Solid First-Quarter Performance
    Motley Fool5 days ago

    Kinder Morgan Delivers Solid First-Quarter Performance

    The pipeline giant boosted its dividend as promised and remains on pace to achieve its full-year forecast.

  • Kinder Morgan Expects Lower 2019 EBITDA, and Debt Rose in Q1
    Market Realist5 days ago

    Kinder Morgan Expects Lower 2019 EBITDA, and Debt Rose in Q1

    Kinder Morgan’s Q1 Results Were a Mixed Bag for Investors(Continued from Prior Part)Kinder Morgan’s debtIn this part, we’ll discuss two negative aspects of Kinder Morgan’s (KMI) Q1 results. The first is the rise in its net debt. Kinder

  • Stock Market News For Apr 18, 2019
    Zacks5 days ago

    Stock Market News For Apr 18, 2019

    Wall Street closed lower on Wednesday as stiff loses of the healthcare sector negated the positive impact of strong first quarter earnings results.

  • Kinder Morgan (KMI) Posts In-Line Q1 Earnings, Hikes Dividend
    Zacks5 days ago

    Kinder Morgan (KMI) Posts In-Line Q1 Earnings, Hikes Dividend

    Although Kinder Morgan (KMI) announces strong Q1 earnings along with a dividend hike, the firm's projection for below-budget 2019 EBITDA disappoints investors.

  • Kinder Morgan’s Q1 Earnings Meet Estimates
    Market Realist5 days ago

    Kinder Morgan’s Q1 Earnings Meet Estimates

    Kinder Morgan’s Q1 Results Were a Mixed Bag for InvestorsKMI’s earnings rose Kinder Morgan (KMI) reported its first-quarter results after the markets closed yesterday. The first positive thing about Kinder Morgan’s Q1 results is that its EPS

  • Reuters6 days ago

    Kinder Morgan in discussions to build third Permian Basin gas pipeline -CEO

    Kinder Morgan Inc has begun internal discussions about building a third natural gas pipeline in the Permian Basin as demand for gas takeaway capacity continues to surge, Chief Executive Officer Steven Kean told investors on Wednesday. As natural gas production has outpaced pipeline capacity in the Permian Basin, a gas glut has led to plummeting prices in the region, with spot prices at the Waha hub even trading at negative levels.

  • InvestorPlace6 days ago

    Kinder Morgan Earnings: KMI Stock Slides on Q1 Revenue Miss

    Kinder Morgan (NYSE:KMI) reported its financial results for its latest quarter and it was a mixed bag as earnings came in exactly in line with what Wall Street called for in its consensus estimate, while revenue was below what analysts predicted, playing a role in KMI stock falling after hours on Wednesday.The Houston, Texas-based energy business said that for its first quarter of its fiscal 2019, it brought in a profit of $556 million, which tallied up to roughly 24 cents per share. When adjusting for non-recurring costs, the company's earnings were roughly 25 cents per share.This amount was in line with what Wall Street predicted for Kinder Morgan's adjusted earnings total. The average estimate of seven analysts who were surveyed by Zacks Investment Research was also for earnings of around 25 cents per share.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe oil and natural gas pipeline and storage business added that its revenue for its first quarter came in at roughly $3.43 billion, which was below what Wall Street projected in its guidance. The Zacks survey of three analysts was projecting a consensus guidance of approximately $3.64 billion.KMI stock was down roughly 0.6% during regular trading hours as the energy infrastructure business prepared itself to report its results for its first three months of its fiscal 2019. Shares then declined just below 1% after the bell following the company's quarterly earnings showing, which left something to be desired. More From InvestorPlace * 7 Marijuana Companies: Which Pot Stocks Should You Buy? * 10 S&P 500 Stocks to Buy Off Their Lows * 7 Stocks to Buy for Spring Season Growth Compare Brokers The post Kinder Morgan Earnings: KMI Stock Slides on Q1 Revenue Miss appeared first on InvestorPlace.

  • Kinder Morgan (KMI) Matches Q1 Earnings Estimates
    Zacks6 days ago

    Kinder Morgan (KMI) Matches Q1 Earnings Estimates

    Kinder Morgan (KMI) delivered earnings and revenue surprises of 0.00% and -5.89%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch6 days ago

    Kinder Morgan shares slip as revenue misses, dividend hiked

    Kinder Morgan Inc. said late Wednesday its board hiked the energy infrastructure company's dividend by 25% but revenue came in below Wall Street estimates. Kinder Morgan shares slipped 0.7% after hours, following a 0.6% decline to close Wednesday at $19.69. The company said it will pay a quarterly dividend of 25 cents a share on May 15 to stockholders of record as of April 30. Kinder Morgan also reported adjusted first-quarter earnings of 25 cents a share on revenue of $3.43 billion, while analysts polled by FactSet were looking for 25 cents a share on revenue of $3.67 billion.

  • Reuters6 days ago

    Kinder Morgan forecasts lower full year adjusted core earnings

    Kinder Morgan Inc said its adjusted full-year core earnings is expected to be slightly below budget and the pipeline operator posted a 14.6 percent rise in quarterly net income on Wednesday. The company's net income available to common shareholders rose to $556 million for the first quarter ended March 31, from $485 million, a year earlier, as it transported higher natural gas volumes. It had forecast adjusted full-year core earnings of about $7.8 billion in January.

  • Reuters6 days ago

    Kinder Morgan forecasts lower FY adjusted core earnings

    Kinder Morgan Inc said its adjusted full-year core earnings is expected to be slightly below budget and the pipeline operator posted a 14.6 percent rise in quarterly net income on Wednesday. The company's net income available to common shareholders rose to $556 million for the first quarter ended March 31, from $485 million, a year earlier, as it transported higher natural gas volumes. It had forecast adjusted full-year core earnings of about $7.8 billion in January.