UBS Keeps Buy Rating on Kinder Morgan (KMI)

Kinder Morgan, Inc. (NYSE:KMI) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 22, UBS reiterated a Buy rating for Kinder Morgan, Inc. (NYSE:KMI) with a price target of $38, highlighting growth opportunities driven by rising power demand.

UBS noted that Kinder Morgan, Inc. (NYSE:KMI) placed $750 million worth of projects into service during the second quarter of 2025. Despite this, the company’s project backlog still increased by $500 million to $9.3 billion by the end of the quarter.

UBS Keeps Buy Rating on Kinder Morgan (KMI)

Aerial view of an oil and gas pipeline, spanning vast landscapes.

The firm pointed out that about 50% of these projects in the backlog are related to serving power demand.

Kinder Morgan, Inc. (NYSE:KMI) is one of the largest energy infrastructure companies in North America. It owns and operates pipelines and terminals that transport natural gas, gasoline, and crude oil.

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Disclosure: None. This article is originally published at Insider Monkey.