|
|
Kinder Morgan Inc (NYSE: KMI) |
|
Price: $28.0100
$0.44 
1.596%
|
| Day's High:
| $28.16
| Week Perf:
| 1.34 %
|
| Day's Low: |
$ 27.53 |
30 Day Perf: |
0.11 % |
| Volume (M): |
17,088 |
52 Wk High: |
$ 31.48 |
| Volume (M$): |
$ 478,626 |
52 Wk Avg: |
$25.33 |
| Open: |
$27.63 |
52 Wk Low: |
$19.47 |
|
|
| Market Capitalization (Millions $) |
62,238 |
| Shares
Outstanding (Millions) |
2,222 |
| Employees |
10,891 |
| Revenues (TTM) (Millions $) |
15,499 |
| Net Income (TTM) (Millions $) |
2,690 |
| Cash Flow (TTM) (Millions $) |
152 |
| Capital Exp. (TTM) (Millions $) |
2,776 |
Kinder Morgan Inc
Kinder Morgan Inc. is a prominent energy storage and transportation company in North America, primarily focused on the transportation of natural gas, crude oil, refined petroleum products, and CO2. The company operates an extensive network comprising over 35,000 miles of natural gas and petroleum products pipelines and approximately 80 terminals across the United States.
Business Operations
Natural Gas Pipelines: Kinder Morgan's natural gas segment includes around 62,000 miles of pipelines and gathering lines, along with storage, processing, and treatment facilities. This segment also integrates operations from various subsidiaries to enhance its service capabilities.
Products Pipelines: This segment consists of around 8,600 miles of pipelines managing refined petroleum products such as gasoline, diesel, jet fuel, and natural gas liquids. Supporting this segment are approximately 62 product terminals and transmix processing facilities.
CO2 Transport: Kinder Morgan CO2 Company focuses on the production and transportation of carbon dioxide, utilizing around 1,500 miles of pipelines for enhanced oil recovery operations. The company owns interests in several oil fields in West Texas that utilize CO2 injection.
Terminals: The terminals segment operates around 113 owned or managed liquids and bulk terminal facilities and 35 rail transloading facilities throughout the U.S. and parts of Canada. These facilities handle a variety of products, including bulk and refined petroleum.
Kinder Morgan Canada: This division operates about 2,500 miles of pipelines transporting crude oil and refined products, connecting Alberta to terminals and refineries in British Columbia and the western United States.
Business Strategy
Kinder Morgans strategy emphasizes the following key components:
1. Focus on Fee-Based Operations: The company targets fee-based transportation and storage assets that are essential to the energy infrastructure in growing markets.
2. Asset Utilization and Cost Control: There is a strong emphasis on enhancing the utilization of existing assets and maintaining stringent cost controls.
3. Selective Acquisitions and Expansions: Kinder Morgan seeks to make strategic acquisitions and expansion endeavors that align with its core operations and enhance earnings.
4. Shareholder Value: The company aims to maximize its financial structure to create and return value to shareholders while aligning employee and shareholder incentives.
Competition
The energy transportation landscape is highly competitive. Kinder Morgan faces stiff competition from other pipeline operators, rail transportation services, and various forms of energy, including electricity and coal, affecting the demand for natural gas. The company also competes with proprietary pipelines owned by major oil firms and independent operators for the transportation of refined products. Additionally, within the CO2 market segment, it contends with other suppliers and pipeline operators competing for the same resources.
Summary
Overall, Kinder Morgan Inc. plays a critical role in the energy sector with a diverse portfolio of transportation and storage assets, heavily focused on natural gas, petroleum products, and CO2. The company is strategically positioned to capitalize on North America's growing energy demands while navigating a competitive landscape.
Company Address: 1001 Louisiana Street Houston 77002 TX
Company Phone Number: 369-9000 Stock Exchange / Ticker: NYSE KMI
|
|
|
Customers Net Income fell by |
KMI's Customers Net Profit Margin fell to |
-28.41 % |
7.37 %
|
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
| Stocks on the Move
Published Fri, Jul 19 2024 7:23 PM UTC
Kinder Morgan Inc. (KMI) is a leading natural gas pipeline company that has been showing promising performance throughout the year, outperforming the CSIMarkets index. Recent events, such as the company s emphasis on data center-driven power and the release of its second-quarter earnings, provide insights into Kinder Morgan s growth potential and its ability to meet evolving...
|
| Kinder Morgan Inc
Kinder Morgan Inc has seen a significant increase in its stock price over the past 30 days, with a 4.04% jump bringing the share price up by 2.06% during the second quarter of 2024. This surge has led the company to reach its 52-week high, signaling positive momentum in the market.
One key factor contributing to this growth is the recent acquisition of NextEra Energy Partners South Texas assets for $1.815 billion. This strategic move has strengthened Kinder Morgan's presence in key markets such as Mexico and the Gulf Coast, by adding a network of high-pressure natural gas pipeline systems. The acquisition also includes a 90% ownership stake in the NET Mexico pipeline, further solidifying Kinder Morgan's position in the region.
Despite a slight decrease in revenue for the fiscal period ending March 31, 2024, Kinder Morgan managed to increase its earnings per share by 10% to $0.33 per share. The company's bottom line also saw a notable increase, with net earnings rising by 9.96% to $773 million compared to the same period a year ago. This improvement in profit margins, with net margin reaching 20.12% and operating margin at 31.83%, is indicative of the company's strong financial performance.
|
| Kinder Morgan Inc
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
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
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.
|
| Per Share |
Current |
| Earnings (TTM) |
1.16 $ |
| Revenues (TTM) |
6.98 $
|
| Cash Flow (TTM) |
0.07 $ |
| Cash |
0.13 $
|
| Book Value |
14.37 $
|
| Dividend (TTM) |
1.16 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
1.16 $
|
| Revenues (TTM) |
6.98 $ |
| Cash Flow (TTM) |
0.07 $ |
| Cash |
0.13 $
|
| Book Value |
14.37 $ |
| Dividend (TTM) |
1.16 $ |
|
|
| |
| Natural Gas Pipelines |
|
 64.94 % |
of total Revenue |
| Products Pipelines |
|
15.63 % |
of total Revenue |
| Terminals |
|
12.21 % |
of total Revenue |
| CO2 |
|
7.36 % |
of total Revenue |
| Corporate and Eliminations |
|
-0.14 % |
of total Revenue |
| Corporate and Eliminations Natural Gas Pipelines |
|
-0.09 % |
of total Revenue |
| Corporate and Eliminations Terminals |
|
-0.05 % |
of total Revenue |
| Firm services |
|
31.64 % |
of total Revenue |
| Firm services Natural Gas Pipelines |
|
25.3 % |
of total Revenue |
| Firm services Products Pipelines |
|
1.25 % |
of total Revenue |
| Firm services Terminals |
|
5.12 % |
of total Revenue |
| Firm services Corporate and Eliminations |
|
-0.02 % |
of total Revenue |
| Fee-based services |
|
15.75 % |
of total Revenue |
| Fee-based services Natural Gas Pipelines |
|
7.1 % |
of total Revenue |
| Fee-based services Products Pipelines |
|
6.06 % |
of total Revenue |
| Fee-based services Terminals |
|
2.38 % |
of total Revenue |
| Fee-based services CO2 |
|
0.24 % |
of total Revenue |
| Fee-based services Corporate and Eliminations |
|
-0.02 % |
of total Revenue |
| Total services |
|
47.39 % |
of total Revenue |
| Total services Natural Gas Pipelines |
|
32.4 % |
of total Revenue |
| Total services Products Pipelines |
|
7.31 % |
of total Revenue |
| Total services Terminals |
|
7.5 % |
of total Revenue |
| Total services CO2 |
|
0.24 % |
of total Revenue |
| Total services Corporate and Eliminations |
|
-0.05 % |
of total Revenue |
| Natural gas sales |
|
23.44 % |
of total Revenue |
| Natural gas sales Natural Gas Pipelines |
|
23.11 % |
of total Revenue |
| Natural gas sales CO2 |
|
0.38 % |
of total Revenue |
| Natural gas sales Corporate and Eliminations |
|
-0.05 % |
of total Revenue |
| Product sales |
|
19.34 % |
of total Revenue |
| Product sales Natural Gas Pipelines |
|
6.18 % |
of total Revenue |
| Product sales Products Pipelines |
|
7.1 % |
of total Revenue |
| Product sales Terminals |
|
0.38 % |
of total Revenue |
| Product sales CO2 |
|
5.73 % |
of total Revenue |
| Product sales Corporate and Eliminations |
|
-0.05 % |
of total Revenue |
| Other sales |
|
0.9 % |
of total Revenue |
| Other sales Natural Gas Pipelines |
|
0.17 % |
of total Revenue |
| Other sales CO2 |
|
0.73 % |
of total Revenue |
| Total commodity sales |
|
43.67 % |
of total Revenue |
| Total commodity sales Natural Gas Pipelines |
|
29.45 % |
of total Revenue |
| Total commodity sales Products Pipelines |
|
7.1 % |
of total Revenue |
| Total commodity sales Terminals |
|
0.38 % |
of total Revenue |
| Total commodity sales CO2 |
|
6.84 % |
of total Revenue |
| Total commodity sales Corporate and Eliminations |
|
-0.09 % |
of total Revenue |
| InterEliminations |
|
-0.14 % |
of total Revenue |
| Natural Gas Pipelines InterEliminations |
|
-0.09 % |
of total Revenue |
| Terminals InterEliminations |
|
-0.05 % |
of total Revenue |
|
|
0.56% 