NYSE:KMIOil and Gas
Does Kinder Morgan’s Data Center-Fueled Backlog Strengthen the Cash Flow Story for KMI?
Earlier in 2026, Barclays reaffirmed its positive rating on Kinder Morgan after the company reported strong quarterly results and a US$10.10 billion project backlog that now includes several data center-related contracts.
An interesting angle for investors is how this enlarged backlog, combined with expectations for higher adjusted earnings and EBITDA, reinforces Kinder Morgan’s case for durable, contract-based cash flows and ongoing dividend support.
We’ll now examine how Kinder Morgan’s...