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No insider purchase over the last 90 days. The latest was filed 03 Feb 2026.
Kinder Morgan, Inc.: what insiders have been doing
Kinder Morgan, Inc., founded in 1997, is a Energy company based in Houston, United States. Its directors and officers file their transactions with SEC (Form 4). In the past year (18 October 2025 to 18 October 2026), 43 filings came from 17 insiders.
On the market, 3 insiders bought (3 purchases totalling €22.4M) while 4 insiders sold (14 sales totalling €2.1M). Purchases outweigh sales by €20.3M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Biggest ticket of the year: €22.3M, bought by Kinder Richard d and made public on 28 October 2025. On the buying side, the filings list 2 senior executives and 1 chief executive among the declarants.
In all, 1 purchase was made within 30 days of a purchase by another insider of the company. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. The most recent open-market purchase was published on 3 February 2026, 257 days ago. Filings reach the SEC (Form 4) feed a median of 3 days after the trade. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
With 43 filings in twelve months, the company is more active than the median of 19 filings across the 5,810 companies we follow on the same exchange. The full history, which starts in 2016, counts 12 purchases against 62 sales. The 10-K for the year ended 31 December 2025 shows 16.94 bn USD of revenue and 3.06 bn USD of net income and a dividend of 1.17 USD per share.
Elsewhere in the same sector, our signals recently picked up insider purchases at RGC Resources Inc and Terawulf Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
173
Thresholds
n/a
Buy Volume
€23M
12 ops. · all time
Sell Volume
€42M
62 ops. · all time
Who traded when
BuySaleSchlosser John W11 sales
Martin Thomas A8 sales
Michael P. Garthwaite5 sales
Chronis Amy W3 buys
Anthony B. Ashley1 sale
David Patrick Michels1 sale
+6 other insiders
Since the insiders bought
- +7.4%Entry US$30.06 · Close at T+90 US$32.29
- +14.6%Entry US$25.84 · Close at T+90 US$29.61
- +14.2%Entry US$25.90 · Close at T+90 US$29.59
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Kinder Morgan, Inc. Buy (bullish), based on 22 analysts. Average price target: US$36.09.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 9,761 of 24,148 companies
56.4
score / 100
Value51
Quality62
FCF yld3.8%
Earn yld4.0%
EV/EBITDA15.0x
ROE11%
Gross mgn53%
Net mgn18%
Debt/EBITDA4.4x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$33.43
Analyst consensus
22 analystsBuy
US$31.00Target US$36.09(+8%)US$43.00
Income statement
RevenueUS$16.9B
Gross profitUS$9B53% margin
EBITDAUS$7.2B42% margin
Net incomeUS$3.1B19.3% margin
Valuation
PER (trailing)21.6x
PER (forward)21.6x
P/Book2.4x
Beta0.58
Balance sheet & cash
Market capUS$74.4B
Total debtUS$31.8B
Free Cash FlowUS$2.9B
Debt / Equity99%
Profitability & ownership
ROE11.0%
ROA4.5%
% insiders12.7%
% institutions70.8%
Last declaration on 2 October 2026
Declarations173 total
79,216 shares@ US$30.99560.5% of flowClass P CommonSEC144:0001949846-26-000603
1,550 shares@ US$30.8030.0029% mcap7.0% of flowClass P Common StockSEC:0001506307-26-000121:0
4,650 shares@ US$30.770.0087% mcap20.9% of flowCommonSEC144:0001965301-26-000143
1,550 shares@ US$32.6530.0031% mcap7.4% of flowClass P Common StockSEC:0001506307-26-000113:0
104,167 shares0Class P Common StockSEC:0001506307-26-000105:0
636,575 shares0Class P Common StockSEC:0001506307-26-000107:0
130,209 shares0Class P Common StockSEC:0001506307-26-000106:0
69,445 shares0Class P Common StockSEC:0001506307-26-000103:0
115,741 shares0Class P Common StockSEC:0001506307-26-000102:0
130,209 shares0Class P Common StockSEC:0001506307-26-000108:0
121,528 shares0Class P Common StockSEC:0001506307-26-000109:0
40,510 shares0Class P Common StockSEC:0001506307-26-000104:0
40,275 shares@ US$32.180.079% mcap65.7% of flowClass P Common StockSEC:0001506307-26-000105:1
26,760 shares@ US$32.180.052% mcap100.0% of flowClass P Common StockSEC:0001506307-26-000103:1
45,545 shares@ US$32.180.089% mcap30.4% of flowClass P Common StockSEC:0001506307-26-000102:1
13,576 shares@ US$32.180.027% mcap40.4% of flowClass P Common StockSEC:0001506307-26-000104:1
250,233 shares@ US$32.180.49% mcap100.0% of flowClass P Common StockSEC:0001506307-26-000107:1
50,993 shares@ US$32.180.100% mcap100.0% of flowClass P Common StockSEC:0001506307-26-000106:1
51,238 shares@ US$32.180.10% mcap25.7% of flowClass P Common StockSEC:0001506307-26-000108:1
47,573 shares@ US$32.180.093% mcap72.1% of flowClass P Common StockSEC:0001506307-26-000109:1
3,523 shares@ US$32.300.0070% mcap100.0% of flowClass P Common StockSEC:0001506307-26-000061:1
15,915 shares0Class P Common StockSEC:0001506307-26-000059:1
14,468 shares0Class P Common StockSEC:0001506307-26-000061:0
4,145 shares@ US$32.300.0082% mcap19.7% of flowClass P Common StockSEC:0001506307-26-000059:2
1,550 shares@ US$32.5160.0031% mcap7.4% of flowClass P Common StockSEC:0001506307-26-000059:0
25 of 173 declarations
About Kinder Morgan, Inc.
Kinder Morgan, Inc. is a leading North American energy infrastructure company listed on the NYSE in the United States under ticker KMI. For French-speaking investors, the company is best understood as a large-scale midstream operator focused on transporting, storing and handling energy commodities, with a dominant exposure to natural gas and additional businesses in refined products, terminals and carbon dioxide. Kinder Morgan was founded in February 1997 by Richard D. Kinder and William V. Morgan, initially leveraging the MLP model before evolving into a more integrated public company. Its headquarters are in Houston, Texas, placing it at the center of the U.S. energy industry. ([kindermorgan.com](https://www.kindermorgan.com/About-Us/History?utm_source=openai))
The company’s history is closely tied to sector consolidation. A major inflection point came in 2012 with the acquisition of El Paso Corporation, which significantly expanded Kinder Morgan’s natural gas footprint across the United States. Today, the group describes itself as one of the largest energy infrastructure companies in North America, with roughly 79,000 miles of pipelines and 139 terminals, plus operating presence in the United States and Canada. That scale creates meaningful barriers to entry and supports a relatively defensive business profile because revenues are largely tied to transportation and storage services rather than commodity price direction alone. ([kindermorgan.com](https://www.kindermorgan.com/About-Us/History?utm_source=openai))
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Kinder Morgan’s core business lines are natural gas pipelines, products pipelines, terminals and CO2. The natural gas platform is the company’s backbone, including interstate systems, intrastate networks and LNG-related infrastructure that connect supply basins to industrial customers, utilities and export corridors. The terminals segment provides storage, handling and logistics services for energy products and commodities. The CO2 segment remains strategically important thanks to enhanced oil recovery economics and, increasingly, the optionality created by lower-carbon energy trends and carbon capture opportunities. ([kindermorgan.com](https://www.kindermorgan.com/Operations/Natural-Gas/Index?utm_source=openai))
From a competitive standpoint, Kinder Morgan is one of the major players in U.S. midstream infrastructure. Its geographic footprint is broad, with especially important positions in Texas, the Gulf Coast, the U.S. Southeast and key interstate corridors. The company’s scale, regulated and contractual asset base, and deep operating expertise give it a strong market position relative to smaller peers. Management also emphasizes disciplined capital allocation, favoring projects that strengthen existing systems and extend cash-flow visibility. ([kindermorgan.com](https://www.kindermorgan.com/About-Us/Management?utm_source=openai))
Recent developments remain centered on organic growth and operational optimization. In its first and second quarter 2025 earnings updates, Kinder Morgan highlighted stronger results in Natural Gas Pipelines, supported by higher contributions from the Texas Intrastate system and Tennessee Gas Pipeline. The company also disclosed a Tejas Pipeline expansion initiative near Houston, indicating continued investment in network capacity where demand is favorable. These updates reinforce Kinder Morgan’s positioning as a large, cash-generative infrastructure owner in the U.S. energy value chain. ([ir.kindermorgan.com](https://ir.kindermorgan.com/news/news-details/2025/Kinder-Morgan-Reports-First-Quarter-2025-Financial-Results/default.aspx?utm_source=openai))
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