Kinder Morgan to Post Updated Investor Presentation
Kinder Morgan, Inc. announced it will post an updated investor presentation on its website on November 6, 2026.
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Kinder Morgan, Inc. announced it will post an updated investor presentation on its website on November 6, 2026.
Energy Transfer reported strong Q3 results with adjusted EBITDA soaring 31% year-over-year to $5.03 billion, driven by energy market volatility and record volumes across segments. The company plans to increase growth capital expenditures to $7 billion in 2027, with major projects including the Hugh Brinson Pipeline and Desert Southwest pipeline. Trading at a forward EV/EBITDA multiple of 8.2x with a 6.8% dividend yield and well-covered distributions, Energy Transfer is positioned as an attractive investment in the midstream energy sector.
Morgan Stanley has revised its price target for Kinder Morgan, Inc. from $40 to $39.
JP Morgan has maintained its 'Neutral' rating on Kinder Morgan, Inc. while increasing the price target from $36 to $37.
RBC Capital Markets has increased its price target for Kinder Morgan, Inc. from $36 to $38 while maintaining a Sector Perform rating.
Kinder Morgan reported strong Q3 earnings with a record $14.4 billion project backlog, including $13.2 billion in natural gas expansion projects. The company raised its dividend by 2% and saw EPS grow 21% year-over-year. Long-term take-or-pay contracts with creditworthy counterparties are expected to generate approximately $2.5 billion in additional adjusted EBITDA, potentially increasing the company's base EBITDA by at least 37% by 2025.