Kinder Morgan (KMI) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Core Insights - Kinder Morgan's stock closed at $27.95, reflecting a -0.85% change from the previous day, underperforming the S&P 500's loss of 0.56% [1] - The company is expected to report earnings of $0.27 per share, indicating an 8% year-over-year growth, with projected revenue of $3.85 billion, a 7.88% increase from the same quarter last year [2] - For the full year, earnings are forecasted at $1.26 per share and revenue at $16.36 billion, representing increases of +9.57% and +8.35% respectively [3] Company Performance - Kinder Morgan's shares have appreciated by 3.6% over the past month, outperforming the Oils-Energy sector's gain of 2.92% but lagging behind the S&P 500's gain of 7.37% [1] - The Zacks Consensus EPS estimate has decreased by 0.79% over the past month, and Kinder Morgan currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - The company has a Forward P/E ratio of 22.34, which is higher than the industry average of 17.32 [6] - Kinder Morgan's PEG ratio stands at 3.24, compared to the industry average PEG ratio of 2.68 [7] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 141, placing it in the bottom 43% of over 250 industries [8]