Kinder Morgan: Not The Best, But Certainly Deserving Of A Bullish Outlook

  • Kinder Morgan continues to deliver strong, stable cash flows and solid growth, with recent revenue and EBITDA increases driven by higher natural gas prices and expansion projects. The company's acquisition of Outrigger II and a growing project backlog, mostly focused on natural gas, enhance its long-term growth prospects and cash generation. Valuation is only marginally higher than most peers, while leverage remains reasonable and in line with industry standards, supporting a favorable risk profile.