CSIMarket
 
Kinder Morgan Inc   (KMI)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $17.6400 $0.04 0.227%
Day's High: $17.67 Week Perf: -1.67 %
Day's Low: $ 17.54 30 Day Perf: 3.95 %
Volume (M): 436 52 Wk High: $ 18.30
Volume (M$): $ 7,648 52 Wk Avg: $17.14
Open: $17.50 52 Wk Low: $15.89



 Market Capitalization (Millions $) 39,790
 Shares Outstanding (Millions) 2,256
 Employees 10,529
 Revenues (TTM) (Millions $) 15,334
 Net Income (TTM) (Millions $) 2,486
 Cash Flow (TTM) (Millions $) -698
 Capital Exp. (TTM) (Millions $) 2,317

Kinder Morgan Inc
We are one of the largest energy storage and transportation companies in the United States, operating, either for ourselves or on behalf of Kinder Morgan Energy Partners, L.P. ("Kinder Morgan Energy Partners"), over 35,000 miles of natural gas and petroleum products pipelines and approximately 80 terminals. We own and operate (1) Natural Gas Pipeline Company of America, a major interstate natural gas pipeline system with approximately 9,900 miles of pipelines and associated storage facilities and (2) TransColorado Gas Transmission Company, a 300-mile interstate natural gas pipeline in western Colorado and northwest New Mexico. We own interests in and operate a retail natural gas distribution business serving approximately 241,000 customers in Colorado, Nebraska and Wyoming. We have constructed, currently operate and own interests in certain natural gas-fired electric generation facilities.

Kinder Morgan Energy Partners owns and/or operates a diverse group of assets used in the transportation, storage and processing of energy products, including refined petroleum products pipeline systems with more than 10,000 miles of products pipeline and 39 associated terminals. Kinder Morgan Energy Partners owns over 15,000 miles of natural gas transportation pipelines, plus natural gas gathering and storage facilities. Kinder Morgan Energy Partners also owns or operates approximately 52 liquid and bulk terminal facilities and approximately 57 rail transloading facilities located throughout the United States, handling nearly 60 million tons of coal, petroleum coke and other dry-bulk materials annually and having a liquids storage capacity of approximately 55 million barrels for refined petroleum products, chemicals and other liquid products. In addition, Kinder Morgan Energy Partners owns Kinder Morgan CO2 Company, L.P., which has over 1,100 miles of pipelines and transports, markets and produces carbon dioxide for use in enhanced oil recovery operations and owns interests in and/or operates six oil fields in West Texas, all of which are using or have used carbon dioxide injection operations.

Our business strategy is to: (1) focus on fee-based energy transportation and storage assets that are core to the energy infrastructure of growing markets within North America, (2) increase utilization of our existing assets while controlling costs, (3) make selected incremental acquisitions and expansions of properties that fit within our strategy and are accretive to earnings and cash flow, (4) maximize the benefits of our financial structure to create and return value to our stockholders as discussed following and (5) continue to align employee and shareholder incentives.

We own and manage a diversified portfolio of energy transportation and storage assets. Our operations are conducted through the following reportable business segments:

Natural Gas Pipelines—for all periods presented in our financial statements this segment consists of approximately 62,000 miles of natural gas transmission pipelines and gathering lines, plus natural gas storage, treating and processing facilities, through which natural gas is gathered, transported, stored, treated, processed and sold and equity earnings from our 20% interest in NGPL Holdco LLC. Following our May 25, 2012 EP acquisition, this segment also includes the natural gas operations of EP, its subsidiaries (including EPB) and its equity investments;

Products Pipelines—KMP—which consists of approximately 8,600 miles of refined petroleum products pipelines that deliver gasoline, diesel fuel, jet fuel and natural gas liquids to various markets; plus approximately 62 associated product terminals and petroleum pipeline transmix processing facilities serving customers across the U.S.;

CO2—KMP—which produces, markets and transports, through approximately 1,500 miles of pipelines, carbon dioxide to oil fields that use carbon dioxide to increase production of oil; owns interests in and/or operates seven oil fields in West Texas; and owns and operates a 450-mile crude oil pipeline system in West Texas;

Terminals—KMP—which consists of approximately 113 owned or operated liquids and bulk terminal facilities and approximately 35 rail transloading and materials handling facilities located throughout the U.S. and portions of Canada, which together transload, store and deliver a wide variety of bulk, petroleum, petrochemical and other liquids products for customers across the U.S. and Canada;

Kinder Morgan Canada—KMP—which transports crude oil and refined petroleum products through over 2,500 miles of pipelines from Alberta, Canada to marketing terminals and refineries in British Columbia, the state of Washington and the Rocky Mountains and Central regions of the U.S.; plus five associated product terminal facilities;

Competition

The market for supply of natural gas is highly competitive, and new pipelines are currently being built to serve the growing demand for natural gas in each of the markets served by the pipelines in our Natural Gas Pipelines business segment. These operations compete with interstate and intrastate pipelines, and their shippers, for attachments to new markets and supplies and for transportation, processing and treating services. We believe the principal elements of competition in our various markets are transportation rates, terms of service and flexibility and reliability of service. From time to time, other pipeline projects are proposed that would compete with our pipelines, and some proposed pipelines may deliver natural gas to markets we serve from new supply sources closer to those markets. We do not know whether or when any such projects would be built, or the extent of their impact on our operations or profitability.

Shippers on our natural gas pipelines compete with other forms of energy available to their natural gas customers and end users, including electricity, coal, propane and fuel oils. Several factors influence the demand for natural gas, including price changes, the availability of natural gas and other forms of energy, the level of business activity, conservation, legislation and governmental regulations, the ability to convert to alternative fuels and weather.

KMP’s Products Pipelines’ pipeline operations compete against proprietary pipelines owned and operated by major oil companies, other independent products pipelines, trucking and marine transportation firms (for short-haul movements of products) and railcars. The Products Pipelines’ terminal operations compete with proprietary terminals owned and operated by major oil companies and other independent terminal operators, and our transmix operations compete with refineries owned by major oil companies and independent transmix facilities.

KMCO2’s primary competitors for the sale of carbon dioxide include suppliers that have an ownership interest in McElmo Dome, Bravo Dome and Sheep Mountain carbon dioxide resources, and OxyUSA, Inc, which controls waste carbon dioxide extracted from natural gas production in the Val Verde Basin of West Texas. KMCO2’s ownership interests in the Central Basin, Cortez and Bravo pipelines are in direct competition with other carbon dioxide pipelines. KMCO2 also competes with other interest owners in the McElmo Dome unit and the Bravo Dome unit for transportation of carbon dioxide to the Denver City, Texas market area.

KMP is one of the largest independent operators of liquids terminals in the U.S, based on barrels of liquids terminaling capacity. Its liquids terminals compete with other publicly or privately held independent liquids terminals, and terminals owned by oil, chemical and pipeline companies. Its bulk terminals compete with numerous independent terminal operators, terminals owned by producers and distributors of bulk commodities, stevedoring companies and other industrial companies opting not to outsource terminal services. In some locations, competitors are smaller, independent operators with lower cost structures. KMP’s rail transloading (material services) operations compete with a variety of single- or multi-site transload, warehouse and terminal operators across the U.S. its ethanol rail transload operations compete with a variety of ethanol handling terminal sites across the U.S., many offering waterborne service, truck loading, and unit train capability serviced by Class 1 rail carriers.

Trans Mountain and the Express pipeline system are each one of several pipeline alternatives for western Canadian crude oil and refined petroleum production, and each competes against other pipeline providers.




   Company Address: 1001 Louisiana Street Houston 77002 TX
   Company Phone Number: 369-9000   Stock Exchange / Ticker: NYSE KMI
   


Customers Net Income grew by KMI's Customers Net Profit Margin grew to

3.17 %

6.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
WMB        1.33% 
L        1% 
MPC        6.78% 
PCG   -1.59%    
SUN   -3.36%    
UNP   -2.72%    
• View Complete Report
   



Kinder Morgan Inc

Overcoming Adversity: Kinder Morgan Inc's Fourth Quarter Earnings Report for 20232.

Kinder Morgan Inc is a leading energy infrastructure company based in Houston, Texas. The company specializes in the transportation, storage, and distribution of natural gas, crude oil, and other energy products. Despite facing some challenges in the fourth quarter of 2023, Kinder Morgan Inc has shown resilience and improvements in its profit margins.
The company's earnings per share decreased by 10.35% to $0.27 per share in the fourth quarter of 2023, compared to the previous year. Similarly, revenue declined by 11.815% year on year, with revenue totaling $4.04 billion in contrast to $4.58 billion in the same period a year before. However, when comparing to the previous quarters, Kinder Morgan Inc experienced growth, with earnings per share increasing by 11.39% and revenue increasing by 3.353%.

Merger and Acquisition

Kinder Morgan Expands Presence in Mexico and Gulf Coast with $1.815 Billion STX Midstream Acquisition

Published Thu, Dec 28 2023 9:05 PM UTC

Breaking News: Kinder Morgan Completes $1.815 Billion Acquisition of NextEra Energy Partners South Texas Assets, Expanding Presence in Mexico and Gulf Coast Markets
HOUSTON - Kinder Morgan, Inc. (NYSE: KMI) announced today the successful completion of its previously announced acquisition of NextEra Energy Partners South Texas assets (STX Midstream) for a total considerat...

Kinder Morgan Inc

Natural Gas Utilities Company Struggles During Challenging Third Quarter of 20232.

Kinder Morgan Inc, a leading energy infrastructure company, recently reported a decrease in profits and earnings per share for the most recent fiscal period compared to the previous year. The company's profits declined by 4% to $0.24 per share, down from $0.25 per share a year ago. Similarly, earnings per share decreased by 7.69% from $0.26 per share in the preceding reporting season.
One of the major factors contributing to this decline in profitability is the significant drop in revenue. The company experienced a 24.532% decrease in revenue, which fell from $5.18 billion in the comparable reporting season a year ago to $3.91 billion in the most recent fiscal period. However, there was a sequential improvement in revenue, with an 11.597% increase from $3.50 billion in the previous quarter.

Kinder Morgan Inc

Kinder Morgan Reports A Rocky Q2 in 2023, With Profits and Revenue Falling Amid Tough Challenges

Kinder Morgan Inc: A Promising Outlook for the Future
In the current economic climate, where many companies are struggling to maintain their financial stability, Kinder Morgan Inc has managed to weather the storm and come out stronger than ever. Despite a decrease in earnings and profits for the April to June 30, 2023, period, the company has shown resilience and adaptability in the face of adversity.
Earnings for Kinder Morgan Inc decreased by -7.14% compared to the previous year, with a decline in earnings per share from $0.28 to $0.26. Similarly, profits fell by -13.33% from the prior quarter, with a decrease in earnings per share from $0.30 to $0.26. While these figures may seem discouraging at first glance, it is important to consider the broader context and the company's efforts to mitigate the impact of these challenges.






 

Kinder Morgan Inc's Segments
 
Pipelines
 Segment     of total Revenue
CO2
 Segment     of total Revenue
Products Pipelines
 Segment     of total Revenue
Terminals
 Segment     of total Revenue
Kinder Morgan Canada
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Kinder Morgan Inc does not provide revenue guidance.

Earnings Outlook
Kinder Morgan Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
Canada

Kinder Morgan Inc's Operating Statistics Decrease / Increase
       
Natural gas Volumes (Bcf)     
Natural gas Sales Volumes (Bcf)     
Natural gas Gathering volumes (Bbtu/d)     




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com