Equity Profile

KMI

Kinder Morgan, Inc.

EnergyOil & Gas Storage & Transportation$71.7B

Jul15Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Kinder Morgan, Inc. is a major player in the energy sector, focusing on the storage and transportation of oil and gas....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and financial health, reflecting how much profit is attributed to each share.

0.31

Revenue

Total revenue shows the company's ability to generate sales, which is crucial for assessing growth and operational performance.

4.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

KMI Q2-2026 Earnings Preview

Context

Company Snapshot

Kinder Morgan, Inc. is a major player in the energy sector, focusing on the storage and transportation of oil and gas. With a market cap of $72 billion, the company plays a crucial role in energy infrastructure, which is vital for supporting energy demand and supply chains.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+4.50%

Avg Stock Reaction

+0.35%

Last Quarter Recap

In Q1-2026, Kinder Morgan reported an EPS of $0.48, exceeding expectations by 25%. The stock reacted positively, gaining 0.76% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Kinder Morgan to report solid earnings, with a consensus EPS of $0.31 and revenue of $4.2 billion, indicating steady performance.

Bull Case

If Kinder Morgan exceeds EPS expectations, it could signal strong operational efficiency and demand for its services, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses EPS estimates, it may raise concerns about profitability and operational challenges, potentially leading to a stock decline.

Key Metrics to Watch

EPS

0.31

Earnings per share is a key indicator of profitability and financial health, reflecting how much profit is attributed to each share.

Revenue

4.2B

Total revenue shows the company's ability to generate sales, which is crucial for assessing growth and operational performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed the consensus estimate of $0.31?

A beat on EPS could indicate stronger profitability and operational efficiency, which would likely boost investor confidence.

What are the revenue expectations compared to the consensus of $4.2 billion?

Revenue performance is crucial for understanding the company's growth trajectory and market demand for its services.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may be underestimating Kinder Morgan's ability to capitalize on rising energy demand, especially given its recent operational improvements.

Supporting Evidence

The company has a history of beating EPS estimates, with a 63% success rate over the last eight quarters.

Options pricing suggests a significant move, indicating that investors expect volatility, which could be driven by positive surprises.

Key Risk

If Kinder Morgan's revenue exceeds $4.4 billion, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Kinder Morgan's ability to meet or exceed earnings expectations, which could significantly impact stock performance.

Bull Confirmed If

An EPS of $0.35 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $0.26 would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±6.63%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±6.6% while KMI has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

25.1%

Calls (361K)P/C Ratio: 0.59Puts (255K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Energy

n=30

Fade rate: 6 of 30 (20%)

This setup has occurred 30 times across Energy in the last 2 years. 24 of 30 (80%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.4%, with a raw directional average of -1.5% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Kinder Morgan beats EPS expectations, history suggests the stock could rise by an average of 0.76%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted reactions as investors await further commentary from management.

Miss

If the company misses EPS estimates, history suggests a potential decline of around 0.32%, raising concerns about profitability.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

2 buys·0 sells

Members

House only

Est. Notional

$2,002.00–$30,000.00

disclosed dollar ranges

Most Active Members

R-GARichard W. AllenRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on operational efficiencies that could impact margins.
2Insights into demand trends for oil and gas storage and transportation.
3Management's outlook on future revenue growth and market conditions.
4Details on any new contracts or partnerships that could drive revenue.
5Comments on cost management strategies and their impact on profitability.

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Fastenal Company

Company Snapshot

Kinder Morgan, Inc. is a major player in the energy sector, focusing on the storage and transportation of oil and gas....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and financial health, reflecting how much profit is attributed to each share.

0.31

Revenue

Total revenue shows the company's ability to generate sales, which is crucial for assessing growth and operational performance.

4.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

KMI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+4.50%

Avg Stock Reaction

+0.35%

Last Quarter Recap

In Q1-2026, Kinder Morgan reported an EPS of $0.48, exceeding expectations by 25%. The stock reacted positively, gaining 0.76% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Kinder Morgan to report solid earnings, with a consensus EPS of $0.31 and revenue of $4.2 billion, indicating steady performance.

Bull Case

If Kinder Morgan exceeds EPS expectations, it could signal strong operational efficiency and demand for its services, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses EPS estimates, it may raise concerns about profitability and operational challenges, potentially leading to a stock decline.

Key Metrics to Watch

EPS

0.31

Earnings per share is a key indicator of profitability and financial health, reflecting how much profit is attributed to each share.

Revenue

4.2B

Total revenue shows the company's ability to generate sales, which is crucial for assessing growth and operational performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed the consensus estimate of $0.31?

A beat on EPS could indicate stronger profitability and operational efficiency, which would likely boost investor confidence.

What are the revenue expectations compared to the consensus of $4.2 billion?

Revenue performance is crucial for understanding the company's growth trajectory and market demand for its services.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may be underestimating Kinder Morgan's ability to capitalize on rising energy demand, especially given its recent operational improvements.

Supporting Evidence

The company has a history of beating EPS estimates, with a 63% success rate over the last eight quarters.

Options pricing suggests a significant move, indicating that investors expect volatility, which could be driven by positive surprises.

Key Risk

If Kinder Morgan's revenue exceeds $4.4 billion, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Kinder Morgan's ability to meet or exceed earnings expectations, which could significantly impact stock performance.

Bull Confirmed If

An EPS of $0.35 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $0.26 would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±6.63%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±6.6% while KMI has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

25.1%

Calls (361K)P/C Ratio: 0.59Puts (255K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Energy

n=30

Fade rate: 6 of 30 (20%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Kinder Morgan beats EPS expectations, history suggests the stock could rise by an average of 0.76%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted reactions as investors await further commentary from management.

Miss

If the company misses EPS estimates, history suggests a potential decline of around 0.32%, raising concerns about profitability.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

2 buys·0 sells

Members

House only

Est. Notional

$2,002.00–$30,000.00

disclosed dollar ranges

Most Active Members

R-GARichard W. AllenRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on operational efficiencies that could impact margins.
2Insights into demand trends for oil and gas storage and transportation.
3Management's outlook on future revenue growth and market conditions.
4Details on any new contracts or partnerships that could drive revenue.
5Comments on cost management strategies and their impact on profitability.