Kinder Morgan Rides Data Center Boom and LNG Exports to Higher Ground

Kinder Morgan, the major U.S. energy infrastructure company, has seen its stock gain due to its natural gas pipeline network and growing project backlog aligning with rising power demand from data centers and expanding liquefied natural gas exports.

The company's steady, contracted revenue base, paired with a backlog of projects tied to power and exports, has positioned it as a reference point for the infrastructure side of the energy story. This growth is driven by the increasing need for reliable electricity and natural gas, particularly from data centers, which have lifted power needs sharply.

Kinder Morgan operates an extensive network of pipelines that move and store natural gas, refined products, crude oil, and other commodities. Its natural gas segment carries a substantial share of the gas consumed across the continent through thousands of miles of interconnected pipe.