
Kinder Morgan (KMI) Stock Forecast & Price Target
Kinder Morgan (KMI) Analyst Ratings
Bulls say
Kinder Morgan's project backlog has seen a substantial increase of approximately 60% quarter-over-quarter, rising to $8.1 billion at the end of the fourth quarter of 2024, signaling significant future growth potential. The company is expected to benefit from improvements in gathering volumes starting in the second half of 2025, buoyed by the commencement of liquefied natural gas facilities, such as Golden Pass, contributing positively to its cash flow. With a robust asset portfolio aimed at meeting increasing power demand and a strong balance sheet that supports financing for growth opportunities, Kinder Morgan is positioned favorably for long-term success in the evolving energy landscape.
Bears say
The analysis indicates a negative outlook for Kinder Morgan primarily due to the company's reliance on a limited growth pipeline, with the potential for reduced commodity-exposed earnings amid a weak pricing environment. Additionally, downward adjustments to segment EBDA estimates for Natural Gas Pipelines reflect a projected decline in gathering volumes, further compounding the challenges. The company's vulnerabilities, including pressures from fluctuating crude oil and natural gas prices, re-contracting risks, and exposure to interest rate changes, highlight significant financial headwinds that could impact overall performance.
This aggregate rating is based on analysts' research of Kinder Morgan and is not a guaranteed prediction by Public.com or investment advice.
Kinder Morgan (KMI) Analyst Forecast & Price Prediction
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