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Bullish Case: Expectations of rising natural gas demand could bolster KMI amidst the broader energy sector’s struggles. The company's strategic acquisitions and dividend stability add to the bullish sentiment.


Bearish Case: KMI has a historical trend of mean-reverting price action and decade-long underperformance, suggesting limited upside potential. Market conditions remain challenging, posing bearish risks.


Potential Outcomes: Three outcomes:

1. Natural gas demand surges, KMI spikes (30%);

2. KMI's strategic moves pay off moderately (20%);

3. KMI succumbs to sector woes, underperforms (50%).


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April 09, 2024


Kinder Morgan Forecast

KMI        Kinder Morgan
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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