Kinder Morgan, Inc. operates as an energy infrastructure company in North America. More Details
Moderate growth potential and slightly overvalued.
Share Price & News
How has Kinder Morgan's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KMI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KMI's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: KMI underperformed the US Oil and Gas industry which returned 45.9% over the past year.
Return vs Market: KMI underperformed the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kinder Morgan's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 hours ago | Simply Wall StReturn Trends At Kinder Morgan (NYSE:KMI) Aren't Appealing
2 weeks ago | Simply Wall StThese 4 Measures Indicate That Kinder Morgan (NYSE:KMI) Is Using Debt Extensively
4 weeks ago | Simply Wall StHow Many Kinder Morgan, Inc. (NYSE:KMI) Shares Did Insiders Buy, In The Last Year?
Is Kinder Morgan undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KMI ($16.49) is trading below our estimate of fair value ($16.55)
Significantly Below Fair Value: KMI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: KMI is poor value based on its PE Ratio (352x) compared to the US Oil and Gas industry average (13.4x).
PE vs Market: KMI is poor value based on its PE Ratio (352x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: KMI is poor value based on its PEG Ratio (11.6x)
Price to Book Ratio
PB vs Industry: KMI is good value based on its PB Ratio (1.2x) compared to the US Oil and Gas industry average (1.4x).
How is Kinder Morgan forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KMI's forecast earnings growth (30.2% per year) is above the savings rate (2%).
Earnings vs Market: KMI's earnings (30.2% per year) are forecast to grow faster than the US market (18.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KMI's revenue (3.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: KMI's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KMI's Return on Equity is forecast to be low in 3 years time (7.6%).
How has Kinder Morgan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KMI has a large one-off loss of $2.1B impacting its December 31 2020 financial results.
Growing Profit Margin: KMI's current net profit margins (0.9%) are lower than last year (16.4%).
Past Earnings Growth Analysis
Earnings Trend: KMI's earnings have grown significantly by 26.8% per year over the past 5 years.
Accelerating Growth: KMI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KMI had negative earnings growth (-95.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-44.6%).
Return on Equity
High ROE: KMI's Return on Equity (0.6%) is considered low.
How is Kinder Morgan's financial position?
Financial Position Analysis
Short Term Liabilities: KMI's short term assets ($3.2B) do not cover its short term liabilities ($5.1B).
Long Term Liabilities: KMI's short term assets ($3.2B) do not cover its long term liabilities ($34.3B).
Debt to Equity History and Analysis
Debt Level: KMI's debt to equity ratio (106.5%) is considered high.
Reducing Debt: KMI's debt to equity ratio has reduced from 122.3% to 106.5% over the past 5 years.
Debt Coverage: KMI's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: KMI's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Kinder Morgan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KMI's dividend (6.37%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: KMI's dividend (6.37%) is in the top 25% of dividend payers in the US market (3.5%)
Stability and Growth of Payments
Stable Dividend: KMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: KMI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (2241.7%), KMI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KMI's dividends in 3 years are not forecast to be well covered by earnings (115.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Kean (58 yo)
Mr. Steven J. Kean, also known as Steve, has been Chief Executive Officer at Kinder Morgan, Inc., since June 1, 2015 and was its President since March 31, 2013 until April 18, 2018. Mr. Kean has been an Ex...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD7.27K) is below average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: KMI's management team is considered experienced (3 years average tenure).
Experienced Board: KMI's board of directors are considered experienced (8.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kinder Morgan, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Kinder Morgan, Inc.
- Ticker: KMI
- Exchange: NYSE
- Founded: NaN
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$37.365b
- Shares outstanding: 2.26b
- Website: https://www.kindermorgan.com
Number of Employees
- Kinder Morgan, Inc.
- 1001 Louisiana Street
- Suite 1000
- United States
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipel...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 22:16|
|End of Day Share Price||2021/04/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.