Kinder Morgan

Kinder Morgan stands as one of North America's premier energy infrastructure companies, commanding an unparalleled network of approximately 83,000 miles of pipelines and 143 terminals that form the backbone of the continent's energy delivery system. Founded in 1997 by Richard D. Kinder and William V. Morgan, the company has evolved from a modest enterprise with 175 employees and a $350 million enterprise value into a dominant force in the energy midstream sector, now valued at over $60 billion with more than 10,500 employees. The company's infrastructure spans the breadth of the United States with leading positions in four key business segments: Natural Gas Pipelines, CO2, Products Pipelines, and Terminals.

As the largest natural gas pipeline operator in the United States, Kinder Morgan moves approximately 40% of the natural gas consumed in the country through its approximately 72,000 miles of natural gas pipelines, complemented by 700 billion cubic feet of working natural gas storage capacity. The company's refined products business stands as North America's top independent mover of petroleum products, transporting around 2.4 million barrels daily of gasoline, jet fuel, diesel, and other refined products. Beyond traditional energy transportation, Kinder Morgan has strategically positioned itself at the forefront of the energy transition, forming the Energy Transition Ventures group in 2021 and entering the renewable natural gas (RNG) business through the acquisition of Kinetrex Energy.

The company's financial performance reflects its strong market position, with 2024 revenue of approximately $15.1 billion and net income of $2.73 billion. Looking ahead to 2025, Kinder Morgan projects an 8% increase in Adjusted EPS, driven significantly by rising demand for natural gas, particularly for LNG exports and power generation. The company's project backlog has grown dramatically from $1.4 billion at year-end 2021 to $9.3 billion as of Q3 2025, with approximately 90% associated with natural gas projects. Major initiatives include the $1.7 billion Mississippi Crossing Project, the $1.8 billion Trident Intrastate Pipeline, and the $3.7 billion South System Expansion 4, positioning Kinder Morgan to capitalize on the accelerating demand for clean energy infrastructure.

Under the leadership of CEO Kimberly "Kim" Dang, who became the first woman to lead the company in 2023, Kinder Morgan has demonstrated strong commitment to sustainability and environmental stewardship. The company achieved an MSCI ESG rating upgrade to AAA in 2024 and has implemented measures leading to an approximately 8% reduction in methane emissions since 2021. With long-term contracts to move almost 8 billion cubic feet per day of natural gas to LNG facilities, expected to grow to nearly 12 Bcf/d by the end of 2028, Kinder Morgan continues to play a critical role in North America's energy security and transition to cleaner energy sources.