RankAlpha logo
Back to Rankings

KMI

Kinder Morgan Class PC
NYSE / Energy
Last Price
Quote time unavailable
View Chart
Current thesis
Q3 growth, stronger-than-budget 2026 expectations and a record contracted gas backlog support an earnings-growth case. After the print, Wells Fargo raised its target to $39 from $36 and TD Cowen to $40 from $38; Freedom Broker upgraded to Buy with a $39 target.
Posture
Mixed
Lead driver
Sentiment
What changed
3 setup hits (3d) with net bullish as of 2026-10-25.
What can break
Large capital commitments and a Q3 net-debt-to-adjusted-EBITDA ratio of 3.5 times leave returns sensitive to funding costs and execution. Company earnings release
Momentum
69
Value
47
Sentiment
61
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $36.00 · Bull $40.00 · Bear $30.00Analysis 2026-10-26; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-26 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-26

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $37.52
Why
Momentum69 · Δ7d -5.0
Value47 · Δ7d -0.0
Sentiment61 · Δ7d +13.3
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.

Confirming evidence

  • • 3 setup hits (3d) with net bullish as of 2026-10-25.
  • • Sentiment remains the lead driver in the composite, 7D delta +13.3.

Contradictions & invalidation

  • • Large capital commitments and a Q3 net-debt-to-adjusted-EBITDA ratio of 3.5 times leave returns sensitive to funding costs and execution. Company earnings release
  • • Q3 refined-products volumes declined 3% and crude-and-condensate volumes declined 11% year over year; $138 million of legal, environmental and other accruals were classified as Certain Items. Company earnings release
  • • Much of the enlarged backlog will not enter service until 2029–2030, leaving permitting, construction-cost and financing risks.

Catalyst clock

2026-11-20

Q3 beat and stronger 2026 outlook

Lead driver: Sentiment · See AI snapshot
Momentum
69
8% active weight
Current posture
7d trendFlat
Δ7d
-5.0
Δ21d
+15.4
Value
47
47% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
-0.5
Sentiment
61
45% active weight
Current posture
7d trendImproving
Δ7d
+13.3
Δ21d
-4.4
Why this grade

Composite grade C. Momentum 69.0 / Value 46.7 / Sentiment 61.5

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-26. Scenario method

B+
Bull case
25%
Probability
Target price
$40.00
Analysis reference price unavailable
Analysis 2026-10-26 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$36.00
Analysis reference price unavailable
Analysis 2026-10-26 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$30.00
Analysis reference price unavailable
Analysis 2026-10-26 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$76.67B
Beta
0.69
Shares Out
2.23B
P/E (TTM)
22.9
P/S (TTM)
3.78
P/FCF (TTM)
138.24
Rev YoY
+12.0%
EPS YoY
+21.2%
Gross Margin
+36.3%
Op Margin
+29.6%
Net Debt
$32.11B
Current Ratio
0.46
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data