Kinder Morgan Inc-DE
KMICompany Overview
Kinder Morgan, Inc. engages in providing pipeline transportation of natural gas services. It operates through the following business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment operates major interstate and intrastate natural gas pipelines and storage systems. The Products Pipelines segment is involved in the operation of refined petroleum products, crude oil, and condensate pipelines. The Terminals segment includes operation of liquids and bulk terminal facilities that store and handle various commodities. The CO2 segment produces, transports, and markets to oil fields that use CO2 as a flooding medium to increase recovery and production of crude oil from mature oil fields. The company was founded by Richard D. Kinder and William V. Morgan in February 1997 and is headquartered in Houston, TX.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Kinder Morgan Inc-DE |
| Ticker | KMI |
| Main Business | Oil & Gas Midstream |
| Type | Common Stock |
| Industry | Oil & Gas Midstream |
| Country | US |
| Market Cap | $39.16 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Natural Gas Pipelines | $12,660.0 | $0.0 | - |
| Products Pipelines | $3,420.0 | $0.0 | - |
| Terminals | $1,790.0 | $0.0 | - |
| Carbon dioxide (CO 2) | $1,330.0 | $0.0 | - |
| Interest income | $0.0 | $0.0 | - |
| Total | $19,200.0 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $4,050,000,000.0 | 10.34% |
| long term debt and capital lease obligation | $27,960,000,000.0 | 71.40% |
| Total Interest-Bearing Debt | $32,010,000,000.0 | 81.74% |
| Market Capitalization | $39,160,800,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |