Artificial Intelligence (AI) and More Give Kinder Morgan a Robust Backlog. Is the Stock a Buy?

Kinder Morgan (NYSE: KMI) recently reported solid fourth-quarter results and issued 2025 guidance. However, most notable from the report was the increasing project backlog the company was seeing as a result of natural gas demand coming for LNG (liquefied natural gas) exports, power plants, and artificial intelligence (AI).Let's look at the pipeline company's most recent results and guidance to see if this is a good time to buy the stock.One of the biggest things to come out of Kinder Morgan's latest earnings report was the company's growing project backlog. Its project backlog increased a whopping 60% compared to its third quarter, going from $5.1 billion to $8.1 billion. Projects related to natural gas accounted for 89% of its backlog. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool