Analyst Report: Kinder Morgan Inc

Argus

•

Jan 23, 2026

Summary

Kinder Morgan Inc. is 1 of the largest earthy state transmission and retention companies successful North America. After going backstage successful May 2007, it went nationalist again successful February 2011 via a $3.3 cardinal archetypal nationalist offering. Following a precocious 2014 consolidation of its erstwhile operating entities, Kinder Morgan Energy Partners, L.P., Kinder Morgan Management, and El Paso Pipeline Partners, L.P., the recently consolidated institution nary longer has a maestro constricted concern structure, nether which the erstwhile constricted partners paid inducement organisation rights (IDRs) to KMI arsenic their wide partner.

Through its assorted operating businesses, KMI operates a divers acceptable of assets, including 79,000 miles of pipelines and 180 terminals. Its pipelines transport earthy gas, refined petroleum products, crude oil, c dioxide, and different products, and its terminals store products specified arsenic petroleum, chemicals, ethanol, coal, coke, and steel. In addition, the com

William V. Selesky

Senior Analyst: Basic Materials

Bill covers the Basic Materials assemblage for Argus. He has worked successful the concern concern for implicit 15 years, including positions arsenic a elder equity expert for firms specified arsenic Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided sum connected groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, helium besides served arsenic portion of a squad that managed $9 cardinal successful progressive equity products. Prior to moving successful the concern field, Bill spent 8 years arsenic a recognition expert astatine American Express Company and 5 years arsenic an expert astatine Equifax Services. Bill has a Masters of Business Administration grade successful Investment Finance from Pace University, and a Bachelor of Science grade successful Economics from Fordham University.