Kinder Morgan
About: Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 82,000 miles in pipelines and 139 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Employees: 10,891
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
76% more call options, than puts
Call options by funds: $569M | Put options by funds: $323M
26% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 104
20% more funds holding in top 10
Funds holding in top 10: 25 [Q1] → 30 (+5) [Q2]
10% more capital invested
Capital invested by funds: $26.2B [Q1] → $28.7B (+$2.58B) [Q2]
2% more funds holding
Funds holding: 1,341 [Q1] → 1,368 (+27) [Q2]
1.16% more ownership
Funds ownership: 64.03% [Q1] → 65.19% (+1.16%) [Q2]
5% more repeat investments, than reductions
Existing positions increased: 543 | Existing positions reduced: 516
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
B of A Securities Jean Ann Salisbury 50% 1-year accuracy 1 / 2 met price target | 9%upside $27 | Buy Reinstated | 17 Oct 2024 |
Wells Fargo Michael Blum 74% 1-year accuracy 14 / 19 met price target | 9%upside $27 | Overweight Maintained | 17 Oct 2024 |
Truist Securities Neal Dingmann 45% 1-year accuracy 61 / 137 met price target | 1%upside $25 | Hold Maintained | 17 Oct 2024 |
RBC Capital Elvira Scotto 68% 1-year accuracy 17 / 25 met price target | 3%downside $24 | Sector Perform Maintained | 16 Oct 2024 |
B of A Securities Neel Mitra 0% 1-year accuracy 0 / 1 met price target | 9%upside $27 | Buy Upgraded | 11 Oct 2024 |
Financial journalist opinion
Based on 44 articles about KMI published over the past 30 days