KM KMI Kinder Morgan Inc. Loading... : Bullish and Bearish Analyst Opinions

Gas realization swings in the Permian are tied directly to Permian takeaway capacity additions; over 3 BCF of capacity has come online and another 2 BCF is expected, which will structurally narrow Waha to Gulf Coast spreads. — The structural narrowing of the Waha basis due to new pipeline capacity directly impacts cash flows for midstream companies operating in the Permian basin, potentially reducing their future revenue growth prospects.

AI data centers boost gas pipeline demand.

Watch gas-infrastructure names on customer-backed CCGT build.

Watch natural gas infrastructure tickers as beneficiaries of Bloom-driven onsite generation.

Kinder Morgan CEO Kim Dang states the company could exceed a $10 billion backlog but remains.

Kinder Morgan reported second quarter earnings that beat estimates on adjusted EPS, EBITDA.

Kinder Morgan reports second-quarter revenue and adjusted earnings per share that both beat.

Kinder Morgan reports record second-quarter net income and adjusted EBITDA.

Strong operational momentum, broad-based segment growth, and rising natural gas demand drive raised guidance, signaling a very positive outlook.

Golden Pass LNG Train 1 achieved first LNG in March, adding ~5% to US LNG export capacity, with trains 2 & 3 expected online by end-2026 and Q2 2027. — New US LNG supply strengthens the US export position and impacts global gas prices, benefiting pipeline infrastructure companies.

Long KMI/WMB/ET/OKE/EQT as natural gas infrastructure benefits from increased demand for firm.

Long natural gas midstream and producers as data centers drive incremental baseload demand.

Management is extremely bullish on natural gas demand growth driven by LNG and data center power. They raised guidance for 2026 EBITDA to exceed budget by >3% and see strong project backlog.

Benefit from structural US energy advantage as world learns Gulf infrastructure can be destroyed; pipelines benefit whether Hormuz reopens or not.

The White House orders a coastal American pipeline to restart for the first time in a decade. That could substantially increase the amount of oil being produced in California. Federal mandates to bypass a decade of dormancy and restart infrastructure indicate an emergency push for domestic energy security. Companies with heavy California oil footprints (like California Resources Corp and Chevron) and midstream pipeline operators stand to see immediate volume and revenue increases that were previously blocked by regulatory hurdles. LONG domestic producers and midstream operators positioned to capture the newly authorized California output. State-level pushback or environmental lawsuits from California's governor and local agencies delaying the pipeline's operational restart.

Chevron and Kinder Morgan have had "parabolic" moves straight up due to the oil spike. Even high-quality companies become risky when their charts go vertical. Prudent risk management dictates taking profits into strength rather than chasing. Sell half or a quarter of the position to lock in gains. Oil supply shocks could send these stocks significantly higher, leaving potential profit on the table.

ONEOK has identified 5,000 undrilled wells on dedicated acreage in the Bakken, representing 15+ years of inventory at current rig rates, even as crude prices dictate the pace of drilling. — The long inventory life in the Bakken signals stable long-term volumes for midstream players, but also highlights competition for market share (e.g., the 18k bpd loss to KMI).

Management expressed strong optimism about natural gas demand growth, backed by record 2025 results, a $10 billion backlog, and FERC scheduling order acceleration. The tone is clearly bullish, with expectations of continued outperformance.