Kinder Morgan stock: Southeast Connector plan moves toward review
Published on 11/13/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPipeline plan enters early review
- Kinder Morgan and Southern Co. are equal owners of Southern Natural Gas, which is developing the proposed Southeast Connector.
- The project still requires federal review, with construction and service dates several years away.
- Richard Kinder's recent open-market purchase remains a separate insider signal for investors.
Kinder Morgan and Southern Co. are moving ahead with a proposed Southeast Connector natural gas pipeline, according to a report published by HERE Charlotte on Friday, November 13. The project would link Middle Tennessee with central Georgia and is being developed by Southern Natural Gas, which Kinder Morgan and Southern Co. own equally.
Large project, early stage
The proposed pipeline would run 470 miles and carry up to 2.6 billion cubic feet of natural gas per day. The project cost is estimated at roughly US$7.6 billion, with Kinder Morgan expecting to carry about US$3.1 billion of the spending. The final capacity and investment could change as the project develops.
The companies plan to request a pre-filing review from the Federal Energy Regulatory Commission by the end of 2026. A formal certificate application is planned for the third quarter of 2027, while construction could start in late 2028 and service could begin in phases from late 2030. The project has not been approved.
Execution remains the key issue
For Kinder Morgan, the proposal adds to its large natural gas infrastructure platform and could support future transportation capacity if regulatory approvals and customer commitments progress. The long timetable leaves permitting, route changes, construction spending and financing as important factors for investors.
Separately, Kinder Morgan stock traded at 28.98 euros on Lang & Schwarz at 16:06 CET on Friday, November 13, 2026. Since our report of November 10, the quote moved from 27.88 euros to 28.98 euros, a 3.95 percent difference. This comparison refers to the interval between the two reports and is separate from the daily performance of the US-listed shares.
Insider purchase adds context
Executive Chairman Richard D. Kinder purchased 500,000 Class P common shares on November 6, according to the SEC Form 4. The filing reports a weighted-average purchase price of US$29.9884 and direct ownership of 246,712,353 shares after the transaction. The filing gives no reason for the purchase, so the transaction does not by itself establish a change in Kinder Morgan's operating outlook.
Kinder Morgan at a glance
- Company: Kinder Morgan, Inc.
- ISIN: US49456B1017
- Ticker: KMI
- Home exchange: New York Stock Exchange
- Lang & Schwarz quote: 28.98 euros at 16:06 CET on November 13, 2026
- Difference since November 10 report: 3.95 percent
US energy shares remain part of the broader market backdrop covered in current market reports.
More news and analyses are available on Kinder Morgan stock.
