Kinder Morgan's Quarterly Earnings Preview: What You Need to Know

Company Overview - Kinder Morgan, Inc. (KMI) is an energy infrastructure company based in Houston, Texas, with a market capitalization of $60.5 billion. The company operates pipelines for transporting natural gas, gasoline, crude oil, carbon dioxide, and other products, as well as terminals for storing petroleum products and handling bulk materials like coal and petroleum coke [1]. Earnings Expectations - Analysts anticipate KMI will report a profit of $0.36 per share on a diluted basis for the fiscal fourth quarter of 2025, representing a 12.5% increase from $0.32 per share in the same quarter last year [2]. - For the full fiscal year, analysts expect KMI to report an EPS of $1.28, which is an 11.3% increase from $1.15 in fiscal 2024. The EPS is projected to rise by 6.3% year over year to $1.36 in fiscal 2026 [3]. Recent Performance - KMI's stock has underperformed the S&P 500 Index, which gained 14.8% over the past 52 weeks, with KMI shares down slightly during this period. The stock also underperformed the Energy Select Sector SPDR Fund, which returned 4.8% in the same timeframe [4]. - On October 22, KMI reported its Q3 results, with shares falling 4.8% in the subsequent trading session. The adjusted EPS was $0.29, meeting Wall Street expectations, while revenue reached $4.1 billion, reflecting a 12.1% year-over-year increase. KMI expects full-year adjusted EPS to be $1.27 [5]. Analyst Ratings - The consensus opinion on KMI stock is moderately bullish, with a "Moderate Buy" rating overall. Among 20 analysts covering the stock, 10 recommend a "Strong Buy," one suggests a "Moderate Buy," and nine give a "Hold" rating. The average analyst price target for KMI is $31.74, indicating a potential upside of 16.7% from current levels [6].