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 Q3 regulatory filings by fund managers ($100M+ AUM)
52% more call options, than puts
Call options by funds: $660M | Put options by funds: $433M
17% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 107
11% more repeat investments, than reductions
Existing positions increased: 572 | Existing positions reduced: 517
7% more capital invested
Capital invested by funds: $29.4B [Q2] → $31.3B (+$1.98B) [Q3]
1% more funds holding
Funds holding: 1,372 [Q2] → 1,390 (+18) [Q3]
2.6% less ownership
Funds ownership: 66.59% [Q2] → 63.99% (-2.6%) [Q3]
6% less funds holding in top 10
Funds holding in top 10: 31 [Q2] → 29 (-2) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Michael Blum 75% 1-year accuracy 24 / 32 met price target | 12%upside $30 | Overweight Maintained | 18 Dec 2024 |
Barclays Theresa Chen 25% 1-year accuracy 6 / 24 met price target | 1%upside $27 | Equal-Weight Maintained | 17 Dec 2024 |
UBS Manav Gupta 29% 1-year accuracy 4 / 14 met price target | 27%upside $34 | Buy Maintained | 6 Dec 2024 |
Goldman Sachs John Mackay 77% 1-year accuracy 17 / 22 met price target | 8%upside $29 | Buy Maintained | 26 Nov 2024 |
RBC Capital Elvira Scotto 81% 1-year accuracy 26 / 32 met price target | 3%downside $26 | Sector Perform Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 35 articles about KMI published over the past 30 days