Kinder Morgan, Inc. KMI

KMI Company Overview

Kinder Morgan, Inc. (KMI) is one of the largest energy infrastructure companies in North America, focused primarily on the transportation, storage, and handling of natural gas, petroleum products, carbon dioxide (CO2), and bulk commodities. The company operates across the midstream energy sector, serving producers, utilities, industrial users, LNG exporters, refiners, and marketers. Its core business model is largely fee-based, with significant revenue generated through long-term transportation and storage contracts tied to pipeline and terminal operations.

KMI’s primary business lines include interstate and intrastate natural gas pipelines, refined products and crude oil pipelines, CO2 production and transportation, and bulk/liquid terminal operations. The company owns extensive energy infrastructure assets that connect major North American supply basins to demand centers and export markets. Kinder Morgan traces its origins to the 1997 acquisition of assets from Enron Liquids Pipeline by founders Richard Kinder and William Morgan. Over time, the company expanded through acquisitions and consolidations, including the acquisition of El Paso Corporation in 2012, which significantly increased its natural gas transportation footprint in the United States.