Kinder Morgan stock draws Cramer support at USD 31.86

Published on 10/07/2026 at 16:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kinder Morgan stock is tied to Jim Cramer's undervalued call from September 30, reported October 7. Q2 revenue reached USD 4.48 billion, up 10.8 percent, and consensus target is USD 35.77.

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Kinder Morgan (ISIN US49456B1017) was trading at USD 31.86 on the NYSE on October 7, 2026, at 10:53 a.m. ET, down 0.95 percent from the prior close. As Insider Monkey reported on October 7, Jim Cramer had called the stock undervalued during a September 30 television appearance.

Cramer points to valuation

Cramer said Kinder Morgan traded at 19 times earnings and described that valuation as too low for his view. The same report put the annualized dividend at USD 1.19 per share, making income and earnings growth central to the debate around the stock.

The company also entered the discussion with a USD 9.6 billion project backlog, with 92 percent tied to natural gas projects, according to Insider Monkey. More than 60 percent of that backlog was associated with power generation and local distribution company demand.

Q2 earnings beat expectations

For the second quarter of 2026, Kinder Morgan reported EPS of USD 0.37, which exceeded the USD 0.31 consensus by USD 0.06. Revenue reached USD 4.48 billion versus the USD 4.22 billion estimate, a 10.8 percent increase from the prior-year quarter, according to MarketBeat.

The earnings mix gives the valuation argument a concrete basis, but the infrastructure model remains capital intensive. Insider Monkey reported adjusted EBITDA of USD 2.2 billion for the quarter, up 12 percent year over year, while management expected 2026 adjusted EBITDA to exceed its original budget by more than 5 percent.

Consensus target stays above price

MarketBeat reported a Hold consensus from 19 analysts, including eight Buy ratings and eleven Hold ratings, with an average target of USD 35.77. That target lies 12.3 percent above the USD 31.86 price, while the latest listed Jefferies action cut its target from USD 35.00 to USD 33.00 on September 17, 2026.

StreetAlpha lists October 28, 2026 as Kinder Morgan's next earnings date. That scheduled report will test whether the gas infrastructure backlog is translating into the earnings growth reflected in current estimates.

Market value reaches USD 70.9 billion

Kinder Morgan had a market capitalization of USD 70.9 billion as of October 7, 2026. The NYSE-listed energy infrastructure company operates pipelines, terminals and storage assets across North America, with natural gas demand providing the main operating theme.