Kinder Morgan, Inc. (KMI) Adds $900M in New Gas Projects to Backlog, Goldman Sachs Reaffirms Buy Rating

Kinder Morgan, Inc. (NYSE:KMI) ranks among the best spring stocks to buy right now. On January 30, Goldman Sachs reaffirmed its Buy rating on Kinder Morgan, Inc. (NYSE:KMI) with a $32 price target based on the company’s fourth-quarter 2025 results and 2026 forecast presentation. The firm posted fourth-quarter results that surpassed both Goldman Sachs’ and consensus projections by 2% and 3%, respectively, owing mostly to improved performance in its Gas segment EBITDA.

Kinder Morgan, Inc. (NYSE:KMI) reported $900 million in new projects, primarily in the gas sector, bringing its post-FID (Final Investment Decision) project backlog to $10 billion, in addition to its pre-FID backlog, which has surpassed $10 billion.

Citing both thematic opportunity and valuation, Goldman Sachs considers Kinder Morgan, Inc. (NYSE:KMI) as its best investment choice for increasing natural gas demand.

Kinder Morgan, Inc. (NYSE:KMI) is an energy infrastructure company focused on transporting and storing energy products through a vast network of pipelines and terminals. Its business involves moving natural gas, gasoline, crude oil, and other products, as well as storing and handling commodities like chemicals, renewable fuels, and more.