Kinder Morgan beats Q4 revenue and profit estimates

Kinder Morgan

21/01/2026 21:13

Overview

Energy infrastructure firm's Q4 revenue beat analysts' expectations

Adjusted EPS also beat analysts' estimates

Company highlighted role in U.S. LNG exports and natural gas infrastructure

Outlook

Kinder Morgan expects 2026 adjusted net income to rise 5% from 2025

Company projects 2026 adjusted EBITDA to increase by 2.5% versus 2025

Kinder Morgan forecasts 2026 dividends of $1.19 per share, up 2% from 2025

Result Drivers

NATURAL GAS PIPELINES - Record performance driven by higher contributions from Texas Intrastate system, KinderHawk, and Outrigger Energy assets

LNG DELIVERIES - Natural gas transport volumes increased 9% due to LNG deliveries on Tennessee Gas Pipeline

TERMINALS SEGMENT - Earnings up due to higher rates and fees at Houston Ship Channel hub facilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$4.51 bln
$4.31 bln (8 Analysts)
Q4 Adjusted EPS
Beat
$0.39
$0.37 (15 Analysts)
Q4 EPS
$0.45
Q4 Adjusted Net Income
$866 mln
Q4 Dividend
$0.2925


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Kinder Morgan Inc is $31.00, about 10.9% above its January 20 closing price of $27.96

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw1vfWNHa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)