Kinder Morgan (NYSE:KMI) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Kinder Morgan (NYSE:KMI) announced its quarterly earnings data on Wednesday. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03, Zacks reports. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%.

Kinder Morgan Stock Up 1.2%

Shares of NYSE:KMI traded up $0.40 on Wednesday, reaching $33.97. The company had a trading volume of 18,231,513 shares, compared to its average volume of 12,206,606. Kinder Morgan has a twelve month low of $25.60 and a twelve month high of $34.81. The stock has a 50-day moving average price of $31.77 and a 200 day moving average price of $32.02. The stock has a market capitalization of $75.65 billion, a P/E ratio of 21.78, a P/E/G ratio of 2.35 and a beta of 0.59. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91.

Insider Activity

In other news, VP Michael Garthwaite sold 1,550 shares of the stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. This represents a 3.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.72% of the company’s stock.

Key Stories Impacting Kinder Morgan

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Record results and backlog expansion: Kinder Morgan reported record third-quarter 2026 financial results, with earnings per share and adjusted EPS both rising 21% from the prior-year period. The company also announced $5.4 billion of additions to its expansion-project backlog—the largest natural-gas project backlog in its history—signaling stronger future growth prospects. Kinder Morgan Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Dividend maintained: The board approved a quarterly cash dividend of $0.2975 per share, or $1.19 annualized. The distribution reinforces Kinder Morgan’s appeal to income-focused investors and reflects confidence in its fee-based energy-infrastructure cash flows.
• Neutral Sentiment: Analyst backdrop remains moderately bullish: Coverage tracked before the earnings release showed 11 Buy ratings and 11 Hold ratings, with an average price target of $35.47. Several firms had targets between $36 and $38, while others remained neutral, indicating upside potential but also some valuation caution.
• Negative Sentiment: Insider sale adds a modest cautionary signal: Vice President Michael Garthwaite sold 1,550 shares for approximately $52,158, reducing his holdings by 3.17%. However, the transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, and he still retained 47,313 shares, limiting the negative significance.

Analyst Ratings Changes

Several brokerages have weighed in on KMI. Argus upped their target price on Kinder Morgan from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Zacks Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. JPMorgan Chase & Co. raised their price objective on shares of Kinder Morgan from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. Melius Research began coverage on shares of Kinder Morgan in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $38.00 target price for the company. Finally, Citigroup reiterated a “neutral” rating and issued a $34.00 target price (up from $33.00) on shares of Kinder Morgan in a research note on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kinder Morgan presently has a consensus rating of “Moderate Buy” and an average price target of $35.47.

Kinder Morgan Company Profile

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.