Kinder Morgan, Inc.

(New York Stock Exchange)
Very Bullish +85

Kinder Morgan stock: Richard Kinder buys 500,000 shares

πŸ“ˆ Executive Chairman Richard Kinder purchased 500,000 Class P common shares directly on November 6 at an average price of $29.99.

πŸ’° The insider buy increased Richard Kinder's direct holdings to 246,712,353 shares, maintaining his status as a major owner and 10% holder.

πŸ“Š Kinder Morgan reported record third-quarter net income of $764 million, up from $628 million in the prior year period.

πŸš€ Adjusted earnings per share increased by 21% to $0.35, while adjusted EBITDA grew 9% to $2.18 billion.

πŸ›’οΈ The company disclosed a massive $14.4 billion expansion project backlog, including $13.2 billion dedicated to natural gas projects.

πŸ’΅ The board declared a quarterly dividend of $0.2975 per share, payable on November 16 to shareholders of record as of November 2.

πŸ“‰ Kinder Morgan stock traded at 27.09 euros on the European market (Lang & Schwarz) on November 9, 2026.

Bullish Signals
  • Executive Chairman Richard Kinder executed a significant insider purchase of 500,000 shares, signaling strong confidence in the company's future value and operational strategy.
  • The company achieved record third-quarter net income of $764 million, demonstrating robust profitability and cash generation capabilities.
  • Adjusted earnings per share surged 21% year-over-year to $0.35, indicating improved operational efficiency and margin performance.
  • Kinder Morgan secured a substantial $14.4 billion expansion project backlog, providing a clear pipeline for future revenue growth and capital deployment.
  • The declaration of a quarterly dividend of $0.2975 per share highlights the company's commitment to returning value to shareholders.
Full Analysis
Kinder Morgan (KMI) received a bullish signal from Executive Chairman Richard Kinder, who disclosed the purchase of 500,000 Class P common shares on November 6. The insider transaction occurred at an average price of approximately $29.99 per share, increasing his direct holdings to over 246 million shares and reinforcing confidence in the company's long-term prospects. This insider buying follows Kinder Morgan's report of record third-quarter financial results released on October 21. The energy infrastructure giant posted net income attributable to the company of $764 million, a significant increase from the previous year, while adjusted earnings per share rose 21% to $0.35. Alongside strong profitability, the company reported a substantial expansion project backlog totaling $14.4 billion, with $13.2 billion specifically allocated to natural gas projects. The board also declared a quarterly dividend of $0.2975 per share, payable on November 16 to shareholders of record as of November 2. Market participants are now weighing the significance of this insider purchase against the execution of Kinder Morgan's major expansion plans and upcoming cash flow obligations. The stock is currently trading around 27.09 euros, reflecting investor interest in the company's operational growth and dividend stability.