Kinder Morgan (KMI) Increases Despite Market Slip: Here's What You Need to Know

Company Overview - Kinder Morgan (KMI) stock closed at $18.42, with a slight increase of +0.05% compared to the previous day, outperforming the S&P 500's loss of 0.72% [1] - Over the past month, Kinder Morgan shares have gained 4.78%, lagging behind the Oils-Energy sector's gain of 6.92% but outperforming the S&P 500's gain of 2.16% [1] Upcoming Earnings - The upcoming earnings per share (EPS) for Kinder Morgan is projected at $0.32, indicating a 6.67% increase year-over-year [1] - Revenue is expected to be $4.26 billion, reflecting a 9.62% growth compared to the same quarter last year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $1.17 per share and revenue at $16.8 billion, showing increases of +9.35% and +9.54% respectively from the previous year [2] - Recent analyst estimate revisions suggest a favorable outlook on the company's business health and profitability [2] Zacks Rank and Valuation - Kinder Morgan currently holds a Zacks Rank of 3 (Hold), with a recent upward shift of 0.34% in the EPS estimate [3] - The Forward P/E ratio for Kinder Morgan is 15.69, which is lower than the industry average of 16.94 [3] - The PEG ratio for Kinder Morgan stands at 5.23, compared to the industry average PEG ratio of 5.22 [3] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 154, placing it in the bottom 39% of over 250 industries [4] - The Zacks Industry Rank indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [4]