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Kinder Morgan's Outlook Remains Bright on Mounting LNG Demand
Kinder MorganKinder Morgan(US:KMI) ZACKSยท2025-08-21 13:50

Core Insights - Kinder Morgan, Inc. (KMI) is positioned to benefit from increasing natural gas demand in the U.S. and globally, particularly through its role in transporting approximately 40% of gas to liquefaction terminals [1][7] - The U.S. Energy Information Administration (EIA) projects U.S. LNG export volumes to rise to 15 billion cubic feet per day (BCF/D) in 2025 and 16 BCF/D in 2026, indicating a continued upward trend in LNG exports [2][7] - KMI anticipates that global LNG demand will double by the end of the decade, leveraging its extensive pipeline network along the U.S. Gulf Coast [3][7] Company Performance - KMI's shares have increased by 32.1% over the past year, outperforming the industry average increase of 26.2% [6] - KMI's current valuation shows a trailing 12-month enterprise value to EBITDA (EV/EBITDA) ratio of 13.71X, which is below the industry average of 14.30X, suggesting potential for valuation improvement [8] Earnings Estimates - The Zacks Consensus Estimate for KMI's earnings in 2025 has been revised upward over the past 30 days, indicating positive sentiment regarding the company's future performance [10]