Kinder Morgan Inc - Ordinary Shares - Class P
KMI
Market Cap$67.25B
Close$
Earnings Call Q4 2024
January 22, 2025 - AI Summary
Strong Financial Performance: Kinder Morgan reported a 12% increase in net income to $667 million in Q4 2024, and a 10% growth in EPS to $1.17 for the full year. The adjusted EPS was up 7% from last year, demonstrating resilience despite facing challenges like lower commodity prices and reduced RNG production.
Robust Project Backlog: The company now has an impressive project backlog of $8.1 billion, up from $3 billion at the end of the previous year. This includes significant expansions like the $1.7 billion Trident project and a $1.8 Bcf/d upsize to the MSX project. Forecasted capital expenditures are expected to average around $2.5 billion annually over the next several years.
Positive Growth Outlook: Kinder Morgan anticipates EBITDA growth of 4% and adjusted EPS growth of 10% in 2025, with net income growth expected to be 8%. The projected natural gas demand growth is approximately 28 Bcf/d by 2030, positioning the company well to capitalize on increasing LNG exports, which they serve about 45% of.
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$31.10
2.8% upside
Current Fair Value
2.8% upsideUndervalued by 2.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $67.25 Billion |
|---|---|
| Enterprise Value | $99.69 Billion |
| Dividend Yield | $1.145 (3.78262305913446%) |
| Earnings per Share | $1.06 |
| Beta | 0.91 |
| Outstanding Shares | 2,222,000,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 25.34 |
|---|---|
| PEG | 132.05 |
| Price to Sales | 5.04 |
| Price to Book Ratio | 2.16 |
| Enterprise Value to Revenue | 6.59 |
| Enterprise Value to EBIT | 26.53 |
| Enterprise Value to Net Income | 37 |
| Total Debt to Enterprise | 0.33 |
| Debt to Equity | 1.07 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Kinder Morgan Inc
11,012 employees
CEO: Steven Kean Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transpor...