Should I Buy Kinder Morgan Stock in 2025? Expert Analysis for NZ Investors

What is Kinder Morgan?

How much is the Kinder Morgan stock?

The price of Kinder Morgan stock is trending slightly lower this week. As of today, KMI trades at $27.92 USD, reflecting a 24-hour decrease of 0.11% and a weekly change of -0.22%. The company’s market capitalisation stands at $62.11 billion, with a 3-month average daily volume of 13.69 million shares.

With stable fundamentals and moderate volatility, Kinder Morgan remains an appealing choice for NZ investors seeking diversified energy sector exposure.

Our complete analysis of the Kinder Morgan stock

Following an in-depth review of Kinder Morgan’s most recent quarterly results and a comprehensive analysis of the company’s stock performance over the past three years, our proprietary models have synthesised a range of financial indicators, technical signals, market trends, and peer data. This multi-faceted approach enables us to assess Kinder Morgan’s standing in this evolving sector with discipline and confidence. So, why might Kinder Morgan stock once again become a strategic entry point into the global energy infrastructure sector in 2025?

Recent Performance and Market Context

Kinder Morgan (NYSE: KMI) has demonstrated strong market resilience and operational consistency, positioning itself as a key player within the energy infrastructure sector. As of the end of May 2025, the stock is trading at $27.92 per share, up a substantial 47.65% over the past twelve months—an impressive outperformance relative to many sector peers and broad market indices. While the stock has experienced mild volatility over the past week (-0.22%) and is down marginally over the last six months (-1.24%), the longer-term upward trajectory is decidedly robust.

Several positive developments underlie this performance. The company recently closed its $640 million acquisition of Outrigger Energy II, bolstering its strategic foothold in the North Dakota market and expanding its highly valuable gathering and processing capabilities. Project backlog has climbed to $8.8 billion, reflecting significant future revenue potential, with essential new projects, such as the $431 million Bridge Project in South Carolina, augmenting growth prospects.

Sector fundamentals are also highly favourable. Natural gas continues to enjoy tailwinds from the global push for energy transition, driven by robust LNG export demand from Asia-Pacific and the rapid rise in power requirements from AI and data centre proliferation. Regulatory environments remain constructive, particularly in the US, supporting new pipeline and energy storage projects. For New Zealand-based investors seeking global diversification and inflation-hedged yield, Kinder Morgan’s market context appears increasingly relevant.

Technical Analysis

Technical signals underline the constructive case for Kinder Morgan. The stock is trading above its key moving averages:

This positive spread supports the presence of an upward trend and potential continued momentum. The stock is consolidating near strong support at $27.82 and $26.91, with the recent pullback providing a healthy base for potential upward moves. The 52-week range ($18.99–$31.48) places the current price comfortably in the upper quartile, reinforcing underlying strength.

The Relative Strength Index (RSI) stands at 57.43—firmly in neutral territory—suggesting that the stock is neither overbought nor oversold, leaving room for upside movement. Although the MACD shows a mild “sell” signal (+0.28), this may indicate a short-term digestion phase, which historically often precedes renewed accumulation in structurally sound equities.

For traders and investors alike, the technical confluence of firm moving average support, neutral momentum scores, and clear resistance above ($31.48) offers a template for disciplined entry, especially as the company heads toward the next earnings catalyst in July.

Fundamental Analysis

Kinder Morgan’s fundamentals underline the case for renewed investor interest. Revenue for Q1 2025 reached $4.24 billion, with Adjusted EBITDA rising 1% year-on-year to $2.16 billion. The company maintains a strong free cash flow profile ($396 million in Q1, $1.2 billion operating cash flow), which underpins both shareholder returns and proactive investment in new assets.

Profitability remains healthy: Net income attributable to the company was $717 million, with Adjusted EPS steady at $0.34 for the quarter. Market participants may find reassurance in Kinder Morgan’s disciplined approach, as results were broadly in line with expectations despite a demanding macro backdrop.

With a beta of just 0.74, Kinder Morgan exhibits lower volatility than many sector peers, an important attribute for those seeking exposure to global infrastructure with stability.

Strategically, the company’s ~79,000-mile pipeline network, 139 terminals, and over 700 Bcf of storage position Kinder Morgan as North America’s leading midstream operator. Importantly, 86% of the current project backlog is oriented toward lower-carbon energy investments, aligning the business with long-term themes of decarbonization and energy transition—catalysts that continue to resonate with institutional investors and ESG-focused funds.

Volume and Liquidity

Kinder Morgan’s average daily trading volume over the past three months stands at 13.7 million shares, reflecting consistent market confidence and ample liquidity. The stock’s public float of 1.94 billion shares provides a deep order book, supporting efficient price discovery and enabling institutions to build or adjust positions with minimal market impact.

This high degree of liquidity reduces slippage risk for NZ-based investors trading US equities and ensures Kinder Morgan remains an attractive vehicle for those seeking active portfolio rotation in a blue-chip energy infrastructure name.

Catalysts and Positive Outlook

Several near- and medium-term catalysts may reinforce Kinder Morgan’s upside potential:

• Project Backlog Expansion: The $8.8 billion project pipeline (up $700 million quarter-on-quarter) signals ongoing growth, with 91% natural gas-focused—tightly aligned with market demand trends.
• AI/Data Centre Power Demand: The company estimates over 5 Bcf/d of incremental natural gas demand for new data centre and AI power projects, uniquely positioning Kinder Morgan at the intersection of energy and technology.
• LNG Export Boom: Surging feedgas demand as global LNG trade doubles, supported by new export facilities, several of which are tied to Kinder Morgan’s pipeline network.
• ESG and Renewables: Investments in renewable natural gas generation (6.9 Bcf/year capacity) and carbon capture not only mitigate environmental risks but open new, policy-driven revenue streams.
• Leadership Continuity: The smooth transition in executive management, with Dax Sanders assuming the President role, signals stability and ongoing strategic focus.

Looking forward to 2025, Kinder Morgan is targeting 8% earnings growth, 10% adjusted EPS growth, and a 2% dividend increase—all drivers of renewed investor commitment. As regulatory support for gas infrastructure expands in the US and abroad, Kinder Morgan’s scale and execution track record inspire confidence in its growth trajectory.

Investment Strategies

The current setup offers several compelling paths for different investor profiles:

Short-Term Entry

• The stock is consolidating above strong technical support amid a brief cooling in momentum (MACD), allowing for tactical positioning ahead of the mid-July earnings release, which often acts as a volatility catalyst.
• The neutral RSI score provides a balanced risk-reward entry for quick, event-driven trades.

Medium-Term Positioning

• Investors seeking semi-annual or annual exposure can target further appreciation toward the consensus $30.14 target, with technical resistance in the $31–$32 region offering a logical checkpoint.
• The stable, growing dividend (4.19% yield) delivers reliable income during holding periods, with the schedule offering quarterly compounding benefits.

Long-Term Allocation

• For those focused on structural growth and energy transition, Kinder Morgan’s unmatched infrastructure, market share, and lower-carbon pivot justify consideration as a core holding.
• The company’s consistent cash generation and prudent capital deployment foster sustainable value creation across multiple cycles.

Ideal positioning may materialise on further pullbacks to the $27–$27.50 region, or as the stock approaches fresh project or earnings announcements—timing purchases at these inflection points has historically yielded attractive returns.

Is It the Right Time to Buy Kinder Morgan?

Kinder Morgan stands out as a highly attractive opportunity within the energy infrastructure realm, underpinned by robust fundamentals, expanding project pipelines, and strong alignment with both current and emerging energy trends such as LNG export growth and data centre-driven power demand. The company’s resilient earnings profile, growing dividend (now yielding over 4%), sector-leading network scale, and innovative ESG focus make for a formidable investment story.

Technical and fundamental indicators suggest that the stock may be in the early phases of a new bullish cycle, with short- to medium-term catalysts (notably the upcoming July earnings and project updates) further strengthening the setup. The present period of brief consolidation around major moving averages, coupled with neutral sentiment indicators and abundant liquidity, points to a compelling entry environment for NZ-based investors seeking global diversification, attractive income, and exposure to transformative energy growth.

Ultimately, for those seeking to capture both capital appreciation and stable yield, Kinder Morgan warrants a place on the shortlist of best-in-class infrastructure stocks for 2025. The convergence of operational excellence, market positioning, and supportive megatrends suggests that Kinder Morgan may soon enter a renewed phase of outperformance—an opportunity warranting close scrutiny for any serious investor focused on the intersection of energy, technology, and global economic transformation.

How to buy Kinder Morgan stock in New Zealand?

Buying Kinder Morgan (KMI) shares from New Zealand is a straightforward and secure process when using a regulated online broker. You have two primary options: purchasing the shares outright (spot buying), or trading via Contracts for Difference (CFDs) for leveraged exposure, each with its own benefits and risks. Most NZ-focused brokers offer both methods, robust investor protections, and easy-to-use platforms. Choosing the right method and broker is an important decision—see our broker comparison further down the page for a detailed overview.

Spot Buying

When you buy Kinder Morgan shares for cash, you become a direct shareholder, eligible for any dividends and price appreciation. With NZ-regulated brokers, a typical fee is a fixed commission per order, often around NZ$5–NZ$10 per trade. For example, with Kinder Morgan trading at approximately US$27.92 (about NZ$46.00 at a 1.65 NZD/USD rate), a NZ$1,000 investment (after NZ$5 brokerage fee) allows you to buy around 21 shares.

Gain scenario

If Kinder Morgan’s share price rises by 10%, your holding would be worth NZ$1,100. Result: That’s a NZ$100 gross gain—+10% on your original investment (excluding potential currency fluctuations and tax).

Trading via CFD

Trading Kinder Morgan shares via CFDs means speculating on the price movement without owning the actual shares. CFDs allow the use of leverage, increasing both potential gains and risks. Instead of a fixed fee, brokers typically charge a spread (the buy/sell difference) and overnight financing costs if you hold positions for more than a day. For example, if you use NZ$1,000 with 5x leverage, your exposure jumps to NZ$5,000.

Gain scenario

If Kinder Morgan’s share price increases by 8%, your position delivers a 40% gain (8% × 5), so you make NZ$400 gross (on a NZ$1,000 outlay, before fees and currency impacts).

Final Advice

Before investing, it’s essential to compare brokers' fee schedules, trading conditions, and available features—costs and services can differ significantly. Ultimately, choosing between owning real shares and trading CFDs comes down to your own investment goals, risk tolerance, and interest in dividends. For guidance on the top NZ brokers and further practical information, consult our comparison table and tips further down the page.

Our 7 tips for buying Kinder Morgan stock

The latest news about Kinder Morgan

Kinder Morgan closed the $640 million acquisition of Outrigger Energy II's gathering and processing system, expanding its midstream footprint.
This strategic move grows Kinder Morgan's North American natural gas infrastructure, supporting not only U.S. domestic demand but also reinforcing the reliability of LNG exports to Asia-Pacific markets. Given that New Zealand's energy and utility sector is increasingly sensitive to global gas supply chains, Kinder Morgan’s expansion positively influences LNG supply stability, indirectly benefiting NZ-based buyers and local utility firms with interests in Pacific LNG imports.

The company posted a robust Q1 2025 with adjusted EBITDA up 1% and results in line with expectations.
Despite a modest year-on-year decrease in net income, Kinder Morgan delivered consistent financial performance, demonstrating operational discipline and resilience. The strong cash flow generation allows for continued capital returns to shareholders and supports the ongoing quarterly dividend, which is particularly attractive for NZ investors seeking exposure to stable, income-generating foreign equities.

Kinder Morgan confirmed an increased project backlog to $8.8 billion, with 91% focused on natural gas, and initiated new infrastructure projects.
The size and focus of the company’s backlog underpin its long-term growth profile and reinforce its leadership in gas transport and LNG infrastructure. This is highly relevant for New Zealand, where regulatory and investor communities are prioritizing supply security and price stability for future-proofed gas resources, making Kinder Morgan’s consistent project execution and backlog expansion a positive signal.

Dividend yield stands at 4.19% with a 2% annual increase and tax-efficient C-corp structure suitable for international investors.
Kinder Morgan’s dividend reliability, coupled with its corporate structure (as opposed to a Master Limited Partnership), makes it particularly attractive for NZ investors who often seek US exposure with minimal tax complexity and stable, growing distributions. The upcoming quarterly dividend and sustained income stream offer clear advantages for NZ-based portfolios seeking predictability and moderate capital appreciation.

Consensus analyst rating remains a moderate buy, with an average target price 8% above current levels, supported by positive outlook for LNG and power demand.
Analyst sentiment has recently tilted more optimistic, reflecting expected tailwinds from growing North American gas exports to Asia and high-value sectors like AI-driven power generation. This is constructive for NZ analysts and investors monitoring global energy trends and their downstream effects on Oceania’s energy costs and supply security, consolidating Kinder Morgan’s status as a key barometer stock for global and regional energy market health.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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