
Kinder Morgan, Incorporated (KMI) is one of North America's largest energy infrastructure companies, headquartered in Houston, Texas. Founded in 1997 by Richard D. Kinder and William V. Morgan, the company operates approximately 79,000 miles of pipelines and 139 terminals across the U.S. and is currently valued at a market capitalization of $59.6 billion.
Shares of KMI have considerably surpassed the broader market over the past year. KMI has gained 45.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.3%. In 2025, KMI has dropped 2.1%, compared to $SPX’s 3.3% decline.