Kinder Morgan Inc Class P
KMI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $71.00 | Rjvpp | Ywnhnpwn |
Kinder Morgan Highlights AI Demand for Gas
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Business Strategy and Outlook
Kinder Morgan's assets span natural gas, natural gas liquids, oil, and liquefied natural gas. The company's US gas pipeline business is particularly impressive. Management claims its daily gas transportation capacity is equivalent to 40% of average US gas consumption, that it handles 50% of the LNG market, and serves 20% of US power demand. Kinder serves most major US gas supply and demand regions.