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
6% more capital invested
Capital invested by funds: $29.4B [Q2] → $31.3B (+$1.9B) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 556 | Existing positions reduced: 507
1% less funds holding
Funds holding: 1,370 [Q2] → 1,361 (-9) [Q3]
7% less first-time investments, than exits
New positions opened: 122 | Existing positions closed: 131
2.77% less ownership
Funds ownership: 66.58% [Q2] → 63.82% (-2.77%) [Q3]
6% less funds holding in top 10
Funds holding in top 10: 31 [Q2] → 29 (-2) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
UBS Manav Gupta 46% 1-year accuracy 6 / 13 met price target | 21%upside $33 | Buy Maintained | 15 Nov 2024 |
Barclays Theresa Chen 48% 1-year accuracy 11 / 23 met price target | 12%downside $24 | Equal-Weight Maintained | 4 Nov 2024 |
UBS Manav Gupta 46% 1-year accuracy 6 / 13 met price target | 10%upside $30 | Buy Maintained | 22 Oct 2024 |
RBC Capital Elvira Scotto 90% 1-year accuracy 26 / 29 met price target | 5%downside $26 | Sector Perform Maintained | 22 Oct 2024 |
B of A Securities Jean Ann Salisbury 71% 1-year accuracy 10 / 14 met price target | 1%downside $27 | Buy Reinstated | 17 Oct 2024 |
Financial journalist opinion
Based on 37 articles about KMI published over the past 30 days
