KMI

In the past six months (April - October 2026), Kinder Morgan reported stronger-than-expected Q1 and Q2 2026 earnings, with revenue and adjusted EPS surpassing analyst estimates. Q2 2026 revenue grew 10.8% year-on-year to $4.48 billion, and adjusted EBITDA increased by 12% year-over-year. On August 11, 2026, KMI announced a joint venture with Phillips 66 and HF Sinclair Corporation for the proposed Western Gateway Pipeline system. Federal approval for Southeast gas expansion projects also reinforced KMI's natural gas infrastructure growth. On October 5, 2026, Kinder Morgan declared a force majeure on its Tennessee Gas Pipeline due to issues disrupting natural gas shipments to Mexico, but it was lifted on October 8, 2026, after successful repairs. In September 2026, Jefferies lowered its price target for KMI, while other analysts maintained 'Hold' or 'Buy' ratings.