Kinder Morgan stock reflects 32 percent adjusted EPS growth

Published on 09/30/2026 at 13:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kinder Morgan stock posted USD 4.48 billion in Q2 revenue on July 22, 2026, up 10.8 percent year over year. Adjusted EPS reached USD 0.37.

Erdgas-Pipeline-Anlage im Abendlicht mit Tanks und Ventilen in weiter Landschaft — Fotorealistische Pipeline-Anlage bei Sonnenuntergang symbolisiert Kinder Morgan, Aktie mit ISIN US49456B1017, moderne Energieinfrastruktur Nordamerikas, Illustration mit AI erstellt.

Kinder Morgan (ISIN US49456B1017) was trading at EUR 26.85 at Lang & Schwarz on September 30, 2026 at 1:36 p.m. CEST, down 0.41 percent versus the prior close of EUR 26.96. The company planned a September 30, 2026 presentation at the Wolfe Research Utilities, Midstream and Clean Energy Conference, according to StockTitan.

Q2 earnings set the benchmark

Kinder Morgan's second-quarter 2026 revenue reached USD 4.48 billion, up 10.8 percent from the year-ago quarter, while adjusted EPS rose 32.1 percent to USD 0.37. Zacks said the adjusted EPS figure exceeded its consensus estimate of USD 0.31 by 19.35 percent. The same report put adjusted EBITDA at a second-quarter record of USD 2.20 billion, up 12 percent year over year.

GAAP net income attributable to Kinder Morgan reached USD 867 million in Q2 2026, compared with USD 715 million a year earlier. Cash flow from operations was USD 1.96 billion, while free cash flow reached USD 978 million, according to StockTitan.

Guidance points above budget

Management expects full-year 2026 adjusted EBITDA to exceed its original USD 8.60 billion budget by more than 5 percent. Adjusted EPS is expected to exceed the initial USD 1.36 budget by more than 12 percent, while the project backlog stood at USD 9.60 billion at the end of Q2 2026.

The operating picture is concentrated in natural gas infrastructure. Zacks reported that natural gas transportation volumes rose 7 percent year over year and gathering volumes increased 26 percent in the second quarter, giving the guidance upgrade an identifiable operating base.

Analyst target remains above price

JPMorgan raised its Kinder Morgan price target from USD 34.00 to USD 36.00 while maintaining a Neutral rating on September 4, 2026, according to MarketScreener. The target is a separate US-dollar reference from the Lang & Schwarz euro quote and does not determine the daily euro change.

Stock trades below yearly high

Kinder Morgan was trading at EUR 26.85 at Lang & Schwarz on September 30, 2026 at 1:36 p.m. CEST, down 0.41 percent versus the prior close of EUR 26.96. The finance snapshot placed the company at a USD 67.8 billion market capitalization, with a 52-week range of USD 25.60 to USD 34.81.