$KMI

Excelerate Energy (NYSE:EE) reported $329.3M revenue, up 61% YoY, beating estimates. Kinder Morgan (NYSE:KMI) reported $4.48B revenue, up 10.8% YoY, also beating estimates. Expand Energy (NASDAQ:EXE) reported $2.51B revenue, down 10.6% YoY, but beat expectations. All companies' stock prices moved post-earnings.

Goldman Sachs increased its natural gas demand forecast due to data center growth, citing a 10-11 bcf/d increase from 2025-2030. The bank sees value in midstream gas stocks after a 12% pullback. Williams (WMB) and Kinder Morgan (KMI) were highlighted for their exposure to this trend, with both companies reporting strong Q2 results. Kodiak Gas (KGS) was also mentioned as a potential beneficiary.

Enterprise Products Partners (EPD) reported record Q2 EBITDA of $2.8B, supporting a $2.24 annualized payout. MPLX (MPLX) leads with 12.5% annual distribution growth, backed by $1.8B in Q2 EBITDA. Kinder Morgan (KMI) can fund its $9.6B backlog from internal cash flow while growing its dividend. All three companies are benefiting from increased natural gas demand.

Kinder Morgan Inc (KMI) shares rose 3.5% to $32.02, with a 19.8% YTD gain. GF Value™ estimates KMI as 5.1% overvalued at $30.47. KMI's GF Score™ is 77/100, with strong valuation and momentum but weaker financial strength. Insiders bought $22.3M in shares over 12 months.

Kinder Morgan (KMI) saw a surge in call options, with 13,921 calls vs. 3,948 puts, notably October $33 calls at 7,562 contracts. The stock trades at $30.92, with analysts targeting $35.81. The company is involved in a $5B pipeline project. Implied volatility is 23.57%, down 0.37 points.

Phillips 66, Kinder Morgan, and HF Sinclair are investing $5 billion in the Western Gateway pipeline project, a 1,300-mile refined products pipeline system. The project aims to enhance fuel supply reliability and cost-effectiveness in the Western U.S., with completion targeted for 2029. Each company will contribute cash and assets, with Phillips 66 providing $2.5 billion, HF Sinclair $750 million, and Kinder Morgan $250 million. The project is expected to generate attractive returns, supported b

Kinder Morgan Inc. reported its second-quarter 2026 financial results, showing revenues of $224 million, up from $200 million in the same period last year. Operating income increased to $106 million from $92 million, while net income rose to $95 million from $81 million. The company's total assets remained stable at $3.332 billion. Kinder Morgan specializes in transporting and storing oil and gas, with operations primarily in the United States.

Phillips 66 (PSX), Kinder Morgan (KMI), and HF Sinclair (DINO) finalized a $5B investment in the Western Gateway Pipeline, a 1,300-mile project to transport 230 Mb/d of refined products to California, Arizona, and Nevada. The project aims to address California's supply-demand gap, exacerbated by recent refinery closures. East Daley Analytics estimates the project's first full year of gross EBITDA at $564MM, with a build multiple of 8.8x. The partners' stakes are 49.9% for PSX, 35.1% for KMI, and

Enterprise Products Partners (EPD) is expanding its Permian value chain, with gas-processing volumes up 14% in Q2 2026. EPD is adding processing plants and expanding pipelines to boost capacity. Management targets 10% EBITDA growth from 2025 to 2027. Kinder Morgan (KMI) and MPLX (MPLX) are also investing in Permian infrastructure. EPD's shares gained 23% over the past year, trading at an EV/EBITDA of 11.02X.

U.S. refiners like Marathon Petroleum (MPC), Valero Energy (VLO), and Phillips 66 (PSX) are benefiting from global fuel shortages, with record refining margins and strong earnings. Marathon reported $52.34B revenue, while Phillips 66 and Chevron (CVX) also saw significant gains. Energy sector earnings grew 147% YoY, with refiners leading the growth. Shares of these companies have surged, outpacing the broader energy sector.