Kinder Morgan (KMI)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
$30.19-4.22%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
QuarterlyIQ Insights · KMI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 14.2% |
| Our one-year growth estimate | diamond | 0.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 13.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 6 industry peers · Company calendar date is not available
KMI — debt issuance
Dated 2026-08-03
Other Events. On July 28, 2026, Kinder Morgan, Inc. (“KMI”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., CIBC World Markets Corp., PNC Capital Markets LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein, pursuant to which KMI agreed to sell (i) $1,150,000,000 aggregate principal amount of KMI’s 5.550% Senior Notes due 2036 (the “2036 Notes”) and (ii) $600,000,000 aggreg…
Why it matters: The project has long-term shipper deals and serves a power plant for a hyperscaler. Permits are needed before its planned 2030 start.
Supportive ifKMI reports the needed permits and approvals, with the third-quarter 2030 service date still on track.
Worry ifKMI reports a permit denial, a material delay, or a cut to the planned project scope.
Why it matters: The first phase is due in the fourth quarter of 2026. Service would show progress on gas links for data centers and industry.
Supportive ifKMI confirms the first Creekside phase entered service by year-end 2026.
Worry ifKMI reports that the first phase missed its year-end 2026 service date.
Why it matters: The project has shipper deals and a final investment decision. Permits are still needed before work can advance toward service in 2030.
Supportive ifKMI reports the needed permits and approvals, then keeps the first service phase on track for late 2030.
Worry ifKMI reports a permit denial, a material delay, or a cut to the planned project scope.
Why it matters: KMI now sees adjusted EPS more than 13% above its $1.36 budget. Results above $1.537 would meet that mark.
Supportive ifKMI reports 2026 adjusted EPS above $1.537, more than 13% above its $1.36 budget.
Worry ifKMI reports 2026 adjusted EPS at or below its $1.36 budget.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$105 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $207 loss on $10,000 · 2.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,212 loss on $10,000 · 12.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Transport volumes rose in each of the first three 2026 quarters. Continued growth would support the demand story behind KMI's gas projects.
Supportive ifNatural gas transport volumes rise year over year in the next reported quarter.
Worry ifNatural gas transport volumes fall year over year in the next reported quarter.