10 Best Energy Infrastructure Stocks That Will Skyrocket

7. Kinder Morgan, Inc. (NYSE:KMI) 

Market Cap: $75.7 billion

Number of Hedge Fund Investors: 60

As one of the largest energy infrastructure companies in North America, Kinder Morgan, Inc. (NYSE:KMI) transports approximately 40% of the natural gas in the United States. The company continues to expand and announced in its Q3 earnings call on October 21 that it had added $5.4 billion in new infrastructure projects to expand its natural gas network, pushing its backlog to an all-time high of $14.4 billion. Additionally, the newly sanctioned projects are supported by at least 20-year take-or-pay contracts with creditworthy shippers.

Despite the aggressive expansion, Kinder Morgan maintains a healthy balance sheet. The company ended Q3 at approximately 3.5x debt-to-EBITDA, down from 3.8x at the end of 2025. The pipeline operator generated just over $5 billion in operating cash flow in the first nine months of 2026 and reported $230 million in free cash flow after covering its capital expenditures and dividends. KMI expects its year-end 2026 leverage ratio to finish at 3.6x, below its original budget of 3.8x

That said, not all operations are benefiting from the high energy demand. Kinder Morgan reported a 3% YoY decline in refined product volumes in Q3, reflecting a higher commodity price environment. Similarly, crude and condensate volumes witnessed an 11% decline due to the removal of Double H from service and fewer well connections at Hiland Crude.

Click here to see what Jim Cramer has to say about Kinder Morgan.

6. Eaton Corporation plc (NYSE:ETN)

Market Cap: $152.9 billion

Number of Hedge Fund Investors: 68

Eaton Corporation plc (NYSE:ETN) manufactures equipment that distributes, controls, and protects electrical power. The rising electricity demand amid the ongoing AI boom has been a major growth catalyst for the company, and it is already translating into financial results. Eaton grew its organic sales by 14% YoY in Q2 2026, while its free cash flow also surged by 14%.

However, while data centers remain a key growth driver, Eaton also achieved strong double-digit organic revenue growth in commercial and institutional, machine OEM, and distributed IT markets in Q2 2026. This reduces its reliance on a single demand driver and grants it some protection in case of a potential slowdown in AI spending.

Eaton also continues to actively expand its footprint and completed the acquisitions of Boyd Thermal and Ultra PCS earlier this year. Moreover, it announced the acquisition of Italy’s grid equipment maker COL Group in September and has also committed more than $1 billion across roughly two dozen Electrical Americas capacity projects, with 16 now in ramp-up phases.

The aggressive growth strategy is impacting Eaton’s balance sheet, and its total debt burden reached $20.6 billion at the end of Q2, up by a staggering 87% compared to the same period last year. This has weighed down its profitability, with the company reporting a 16% YoY decline in net income despite a 21% growth in revenue.

Eaton ranks 7th on our list of the 10 Best AI Energy Stocks to Buy in 2026. The top stock on this list has soared by over 125% since the beginning of the year.

5. Cheniere Energy, Inc. (NYSE:LNG) 

Market Cap: $61.5 billion

Number of Hedge Fund Investors: 75

Cheniere Energy, Inc. (NYSE:LNG) is the leading LNG producer in the US and the second-largest producer globally. The company operates two LNG facilities along the Gulf Coast that export gas to foreign buyers under long-term, fixed-fee contracts, providing it with predictable cash flows.

The ongoing US-Iran war has choked around a fifth of the global LNG supply, and the disruptions could persist in the long run. The supply crunch has sent customers, especially those in Asia, scrambling to find alternatives and presenting a significant opportunity for exporters in the United States. The results are already showing, with Cheniere beating top- and bottom-line estimates in its Q3 report on October 29, and even raising its full-year earnings forecast. Its LNG revenue surged by ​41.8% YoY to $6.1 ⁠billion during the quarter.

That said, Cheniere’s earnings can be heavily impacted by the Henry Hub natural gas prices, international LNG prices, and the spread between US gas prices and global LNG benchmarks. With global LNG operators aggressively expanding their production capacity, a potential global LNG supply glut also poses a significant threat. If the world’s LNG supply grows faster than demand, it could put serious pressure on international prices and regional spreads.

There is an LNG boom going on in the United States, with the country emerging as the top exporter of the super-chilled fuel in the world. Make sure you don’t miss out on the opportunity and check out our list of the 12 Best LNG Stocks to Buy in 2026.

4. The Williams Companies, Inc. (NYSE:WMB)

Market Cap: $91.6 billion

Number of Hedge Fund Investors: 79

The Williams Companies, Inc. (NYSE:WMB) owns and operates key interstate transmission pipelines, including Transco, the largest-volume interstate natural gas transmission system in the United States. Customers pay a fee on the volume of gas they transport, shielding the company from direct commodity price fluctuations and providing it with predictable cash flows.

Williams is also aiming to capitalize on the growing global appetite for American LNG. The company is investing in the Louisiana LNG project and building the related Driftwood Pipeline. Williams also completed the $5.5 billion acquisition of Momentum Midstream in September, expanding its integrated natural gas infrastructure platform in the Haynesville to serve growing Gulf Coast LNG, power, and industrial demand. These projects will help the midstream operator meet its target of +11% compound annual growth through 2030.

That said, Williams’ aggressive expansion strategy comes at a cost. The company carries almost $30.8 billion in debt and recorded a working capital deficit of $3.4 billion at the end of Q2 2026. The Momentum acquisition adds another significant investment commitment, potentially limiting the company’s financial flexibility.

Click HERE to check out our analysis on WMB’s economic moat and whether the stock is a good buy at its current valuation or not.