UBS reaffirms 'Buy' rating on Kinder Morgan (KMI) due to Arizona expansion plans.

From Yahoo Finance: 2025-06-28 13:24:00

UBS reaffirms a ‘Buy’ rating on Kinder Morgan (KMI) with a $38 price target, citing Arizona expansion plans and increased project backlog. Kinder Morgan is positioned to benefit from Arizona Corporation Commission’s natural gas infrastructure expansion, driven by industrial use, population growth, and coal plant retirements. The company has proposed projects to add 0.5Bcf/d of load, supported by strong financials and dividend history. Kinder Morgan is a leading energy infrastructure company with pipelines transporting natural gas, gasoline, and more. While KMI shows promise, consider AI stocks for greater potential. No promotional content included.



Read more at Yahoo Finance: UBS Affirms ‘Buy’ Rating on Kinder Morgan (KMI) amid Arizona Expansion Plans