Houston, Texas-based Kinder Morgan, Inc. (KMI) is a midstream energy infrastructure provider in North America. The company operates pipelines to transport natural gas, crude oil, condensate, refined petroleum products, and more. With a market cap of $60.7 billion, Kinder Morgan operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.
The energy sector giant has significantly outperformed the broader market over the past year. Over the past 52 weeks, KMI stock has soared 63.3% compared to the S&P 500 Index’s ($SPX) 23.3% returns. However, in 2025 KMI gained 2.6% slightly lagging behind SPX’s 3.2% surge on a YTD basis.
Narrowing the focus, KMI has also outpaced the industry-focused USCF Midstream Energy Income Fund's (UMI) 42.1% surge over the past 52 weeks while lagging behind UMI’s 6.6% gains in 2025.
KMI stock dipped nearly 1% in the trading session after the release of its disappointing Q4 results on Jan. 22. Kinder Morgan reported a 1.3% year-over-year drop in revenues to nearly $4 billion, which missed the Street’s expectations by a notable 4.1%. And while its adjusted net income increased 11.8% year-over-year to $708 million, its adjusted EPS of $0.32 missed the consensus estimates by over 3%, making investors jittery.
Furthermore, on Jan. 27, Kinder Morgan’s stock plummeted 9.3% amid the broader selloff in tech and energy stocks on U.S. exchanges. A significant portion of Kinder Morgan’s anticipated future revenues relied on increased energy demand from the proliferation of power-hungry data centers. The emergence of Chinese DeepSeek AI challenged the dominance of U.S. firms in the GenAI market which shook investors' confidence.
For the current fiscal ending in December 2025, analysts expect KMI to report an 11.3% year-over-year growth in adjusted EPS to $1.28. KMI has a mixed earnings surprise history. While it matched or surpassed the Street’s bottom-line expectations twice over the past four quarters, it missed the estimates on two other occasions.
Among the 18 analysts covering KMI stock, the consensus rating is a “Moderate Buy.” That’s based on six “Strong Buy” ratings, one “Moderate Buy,” and 11 “Hold.”
This configuration has been mostly stable over the past year.
On Jan. 29, Citigroup (C) analyst Spiro Dounis maintained a “Hold” rating on KMI, while raising the price target to $28.
While KMI’s mean price target of $30.50 suggests a modest 8.5% premium to the current price levels, its street-high target of $38 represents a staggering 35.2% upside potential.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.More news from Barchart
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