RBC lifts Kinder Morgan forecast for Kinder Morgan stock

Published on 10/14/2026 at 12:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC set adjusted EBITDA at USD 2.13 billion for the third quarter. Kinder Morgan stock was EUR 29.91 at Lang & Schwarz on October 14, 2026.

Forecast changes and reporting dates

Western Gateway was valued at USD 5.00 billion on August 11, 2026.
RBC raised its adjusted EBITDA forecast to USD 2.13 billion on September 22, 2026.
Kinder Morgan stock stood at EUR 29.91 at Lang & Schwarz on October 14, 2026.
Market capitalization was USD 74.4 billion as of October 14, 2026.

Isometrisches Diagramm von Förderturm, Pipeline, Tanks und Verteilstation — Isometrische 3D-Grafik der Wertschöpfungskette veranschaulicht Kinder Morgan, Aktie ISIN US49456B1017, von Förderung bis Verteilung, Illustration mit AI erstellt.

RBC Capital Markets lifted its adjusted EBITDA forecast for Kinder Morgan's third quarter from USD 2.08 billion to USD 2.13 billion on September 22, 2026, according to Finimize. Kinder Morgan stock was EUR 29.91 at Lang & Schwarz on October 14, 2026 at 12:47 p.m. CEST.

Three dated company developments

Kinder Morgan reported USD 4.48 billion of revenue and USD 0.37 adjusted earnings per share for the second quarter of 2026, according to The Stock Observer on July 22, 2026. Revenue exceeded the USD 4.22 billion consensus figure, while adjusted earnings per share compared with USD 0.28 in the same quarter of 2025.

On August 11, 2026, Kinder Morgan joined Phillips 66 and HF Sinclair in a final investment decision for the USD 5.00 billion Western Gateway Pipeline. Yahoo Finance reported that Kinder Morgan owns 35.10 percent of the project, which has a design capacity of 230,000 barrels per day.

What does the forecast change mean?

RBC's revision points to higher expected adjusted EBITDA, but the same report said roughly 90 percent of Kinder Morgan's oil output is hedged. That structure limits the immediate effect of daily oil-price changes on realized revenue and places greater weight on project execution.

The next reporting dates carry different source estimates. Finimize referred to an October 21, 2026 report, while Gekko listed October 28, 2026 after the close as the next earnings date.

Energy infrastructure remains the base

Kinder Morgan operates or has an interest in 78,000 miles of pipelines and 136 terminals, according to its company website. The network transports natural gas, refined fuels, crude oil and carbon dioxide across North America, giving the earnings forecast a direct connection to contracted transportation and storage activity.

EUR price at Lang & Schwarz

Kinder Morgan stock stood at EUR 29.91 at Lang & Schwarz on October 14, 2026 at 12:47 p.m. CEST. The primary listing is on the NYSE in USD; the latest structured quote showed USD 33.43 on October 13, 2026, with a 52-week range of USD 25.60 to USD 34.81 and market capitalization of USD 74.4 billion as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Kinder Morgan stock.