Seeking Alpha
24 Oct 2026, 13:30 UTC · 1h ago
Kinder Morgan Expands Backlog Driven By Major Natural Gas Projects
Impact · against what's priced in
Kinder Morgan is seeing a significant acceleration in growth trajectory and immediate earnings upside. The combination of a 50% increase in project backlog and expected beats on both EPS and EBITDA budgets provides a positive catalyst for the stock.
- KMI+0.70
No priced-in read yet
- In context
The jump in project backlog from $9.6 billion to $14.4 billion and the expectation that adjusted EPS will exceed budget by over 13% signal an acceleration in growth and near-term profitability.
Read from the article alone
