Kinder Morgan, Inc. is a United States–based company operating in the energy sector, within the pipeline, storage and midstream infrastructure industry. The company specializes in transporting and storing natural gas, refined petroleum products, crude oil, petrochemicals and industrial CO₂.
Founded in 1997 in Houston, Texas, by Richard Kinder and William Morgan, the company emerged during a period of expanding U.S. energy infrastructure, driven by increasing natural gas demand and investor interest in stable, long-term midstream assets.
Kinder Morgan’s portfolio includes extensive pipeline networks for natural gas, liquids and CO₂; large storage terminals handling fuels, chemicals and dry bulk commodities; CO₂ transportation and processing systems; and projects related to the energy transition, such as renewable natural gas, hydrogen infrastructure and carbon-capture initiatives.
The company supplies utilities, industrial customers, refiners, power plants and petrochemical producers through long-term transportation and storage agreements. The company operates primarily in the United States, with key infrastructure concentrated in the Gulf Coast, Permian Basin, Rocky Mountains and Midwest.
Its operational structure includes centralized control centers, engineering and field teams, remote monitoring systems, maintenance operations, port terminals and integrated logistics networks. Kinder Morgan’s business model emphasizes predictable cash flow, regulated assets and large-scale midstream connectivity.
Market forces influencing the company include natural gas demand, oil and gas price cycles, federal pipeline regulation, industrial consumption trends, LNG export growth, transition-energy policies, competition with other midstream operators and environmental-compliance requirements.
Broader macro trends, such as data center expansion and increased use of natural gas for power generation, also shape demand for its infrastructure.
Kinder Morgan, Inc.’s shares trade on the New York Stock Exchange (NYSE) under the ticker KMI.
History and when Kinder Morgan, Inc. was founded
Kinder Morgan, Inc. was founded in 1997 by Richard Kinder and William Morgan after Kinder departed from Enron. The company’s strategy centered on acquiring underperforming energy assets and improving their operational efficiency.
This approach aligned with the U.S. midstream sector’s shift following deregulation, which created opportunities for independent pipeline operators and infrastructure consolidators.
Throughout the 2000s, the company expanded aggressively through acquisitions and new construction. A transformative event occurred with the acquisition of El Paso Corporation, which significantly increased Kinder Morgan’s natural gas pipeline footprint and positioned it among the largest midstream operators in the United States.
This expansion strengthened its role across major U.S. production basins and enhanced its integrated model spanning transport, storage and CO₂ operations.
In 2014, Kinder Morgan underwent a major corporate restructuring by consolidating several publicly traded partnerships into a single listed entity. The reorganization simplified governance, improved financial flexibility and enhanced access to capital markets, enabling the company to pursue large-scale infrastructure projects.
From 2020 to 2024, Kinder Morgan operated in a dynamic energy environment characterized by rising natural gas demand, evolving environmental regulations and rapid interest in low-carbon infrastructure.
The company invested in renewable natural gas projects, explored hydrogen transportation technologies, expanded CO₂ management capabilities and adapted its assets to support emerging energy-transition needs.
By 2024, Kinder Morgan had strengthened its position as one of the largest energy-infrastructure companies in North America, supported by diversified midstream assets, long-term contracts and essential connectivity to the U.S. energy system.
Additional Information
The Company Kinder Morgan Inc. (United States), is listed on NYSE with a market value of $ 60.31 Billions, having an equity of $ 32.03 Billions.
With a total of 10.530 employees, the company is listed in the sector of Energy and categorized in industry of Oil, Gas and Consumable Fuels.
In the last 12 months the Company had a revenue of $ 16.42 Billions, which generated a profit in the amount of $ 2.73 Billions.
As for its main indicators, the Company has a P/E ratio of 22.12, a P/BV ratio of 1.88 and in the last 12 months the dividend yield of KMI was at 4.30%.
The Company is traded internationally through the ticker KMI.