Kinder Morgan vs Phillips 66

This page compares Kinder Morgan and Phillips 66, examining their business models, financial performance, and market context. It presents neutral, accessible information to help readers understand how each company operates and fits within the energy sector. Educational content, not financial advice.

This page compares Kinder Morgan and Phillips 66, examining their business models, financial performance, and market context. It presents neutral, accessible information to help readers understand how...

Comparison Snapshot

Key Financial Metrics

KMI

Metric

PSX

$65.27B

Market Cap

$56.57B

6.05%

Potential Profit

6.10%

Buy

Analyst Rating

Buy

Why It's Moving

Kinder Morgan surges on upbeat 2026 guidance and dividend hike, signaling robust pipeline growth ahead.

Projected 4% rise in Adjusted EBITDA highlights resilient operations amid favorable energy transport dynamics.
8% growth in distributable cash flow points to enhanced free cash generation for shareholders.
2% dividend boost to $1.19 per share and BBB+ rating upgrade reflect solid balance sheet strength.

Sentiment:

🐃Bullish

Phillips 66 Fuels Momentum with 2026 Capital Plans and Analyst Upgrades

Announced $2.4B 2026 capital budget, with $1.1B for sustaining operations and the rest fueling expansions like the Western Gateway Pipeline with Kinder Morgan.
Goldman Sachs hiked price target to $164 from $152, while Wolfe Research lifted theirs to $160, backing an 'outperform' outlook on strong refining margins.
Recent insider sales noted, but broader sector gains and a consensus 'Moderate Buy' rating underscore PSX's appeal in volatile energy markets.

Sentiment:

🐃Bullish

Kinder Morgan surges on upbeat 2026 guidance and dividend hike, signaling robust pipeline growth ahead.

Projected 4% rise in Adjusted EBITDA highlights resilient operations amid favorable energy transport dynamics.
8% growth in distributable cash flow points to enhanced free cash generation for shareholders.
2% dividend boost to $1.19 per share and BBB+ rating upgrade reflect solid balance sheet strength.

Sentiment:

🐃Bullish

Phillips 66 Fuels Momentum with 2026 Capital Plans and Analyst Upgrades

Announced $2.4B 2026 capital budget, with $1.1B for sustaining operations and the rest fueling expansions like the Western Gateway Pipeline with Kinder Morgan.
Goldman Sachs hiked price target to $164 from $152, while Wolfe Research lifted theirs to $160, backing an 'outperform' outlook on strong refining margins.
Recent insider sales noted, but broader sector gains and a consensus 'Moderate Buy' rating underscore PSX's appeal in volatile energy markets.

Sentiment:

🐃Bullish

Investment Analysis

Kinder Morgan

KMI

Pros

Strong growth in natural gas infrastructure with a 6% year-over-year increase in transport volumes supporting stable revenue streams.
Project backlog of $9.3 billion indicates robust future capital deployment and growth potential in energy infrastructure.
Dividend increased by 2% to $0.925 per share, reflecting consistent shareholder returns and cash flow generation.

Considerations

Q3 2025 EPS of $0.29 missed forecast by 3.33%, causing negative immediate market reaction despite revenue beat.
Stock price performance has been negative recently, with a 5.1% decline over the past month, indicating investor caution.
Revenue declined slightly by 1.53% in 2024, reflecting some pressure on top-line performance despite earnings growth.

Phillips 66

PSX

Pros

Operating as a comprehensive energy production and distribution company with a global footprint, providing diversification benefits.
Partnership with Kinder Morgan on the Western Gateway Pipeline project expands capacity for refined products, enhancing growth opportunities.
Exposed to multiple energy segments, including refining and midstream services, which can provide resilience against sector cyclicality.

Considerations

Sensitive to commodity price volatility given its refining operations, which can pressure margins during periods of price fluctuations.
Exposed to regulatory risks associated with environmental policies and clean energy transition efforts impacting fossil fuel activities.
Execution risks in large infrastructure projects like the Western Gateway Pipeline could impact timelines and capital allocation efficiency.

Related Market Insights

Energy Giants Under Pressure: Why Oil & Gas Stocks Still Matter

Explore why oil & gas stocks remain vital. Discover how energy giants like Exxon & Chevron adapt with carbon capture. Invest in the Oil & Gas Neme on Nemo, starting from $1.

Aimee Silverwood | Financial Analyst

July 25, 2025

Read Insight

Related Market Insights

Energy Giants Under Pressure: Why Oil & Gas Stocks Still Matter

Explore why oil & gas stocks remain vital. Discover how energy giants like Exxon & Chevron adapt with carbon capture. Invest in the Oil & Gas Neme on Nemo, starting from $1.

Aimee Silverwood | Financial Analyst

July 25, 2025

Read Insight

About The Companies

Kinder Morgan (KMI)

Kinder Morgan, Inc. (KMI) is one of North America’s largest energy infrastructure companies, operating an extensive network of pipelines, terminals and storage facilities that move and store natural gas, refined products and CO2. With a market capitalisation of roughly $61.1 billion, the business mixes regulated assets and long‑term contracts that can provide relatively predictable cash flow compared with commodity producers. Investors often watch KMI for its distribution policy and free cash flow generation, and for growth via incremental pipeline projects and strategic acquisitions. Key considerations include exposure to midstream volumes, capital expenditure needs, leverage and sensitivity to interest rates and economic activity. Regulatory, environmental and permitting risks can affect project timelines and costs. This summary is educational only and not personalised investment advice; values can fall as well as rise, and prospective investors should consider their objectives, risk tolerance and seek regulated advice if unsure.

Phillips 66 (PSX)

Phillips 66 (PSX) is an integrated energy company operating across refining, midstream and petrochemical businesses. With a market capitalisation of about $51.97B, it runs refineries, fuel marketing, pipelines and a stake in chemical production via joint ventures. Investors should know the business is cyclical and sensitive to crude oil prices, refining margins and seasonal demand. The company historically returned cash to shareholders through dividends and buybacks, which can appeal to income-oriented investors, but these distributions depend on earnings and capital allocation choices. Key strengths include a diversified asset footprint and exposure to both fuels and chemicals; key risks include commodity-price volatility, regulatory and environmental shifts, and demand changes from energy transition trends. This summary is for educational purposes only and is not personal financial advice — suitability depends on an investor’s goals, time horizon and risk tolerance, and returns are not guaranteed.

Kinder Morgan (KMI) Next Earnings Date

Kinder Morgan's next earnings release is scheduled for April 15, 2026. This report will cover the first quarter of 2026 results. The company has confirmed this date through official announcements, with analysts expecting earnings per share of approximately $0.36 for the period.

Phillips 66 (PSX) Next Earnings Date

Phillips 66 (PSX) is scheduled to report its next earnings on Wednesday, February 4, 2026, before market open. This release will cover the fourth quarter and full-year 2025 results, with a conference call to follow. The date aligns with the company's historical reporting pattern and investor relations announcements.

Kinder Morgan (KMI) Next Earnings Date

Kinder Morgan's next earnings release is scheduled for April 15, 2026. This report will cover the first quarter of 2026 results. The company has confirmed this date through official announcements, with analysts expecting earnings per share of approximately $0.36 for the period.

Phillips 66 (PSX) Next Earnings Date

Phillips 66 (PSX) is scheduled to report its next earnings on Wednesday, February 4, 2026, before market open. This release will cover the fourth quarter and full-year 2025 results, with a conference call to follow. The date aligns with the company's historical reporting pattern and investor relations announcements.

Which Baskets Do They Appear In?

Oil & Gas

Fuel up with investment opportunities in the energy markets. This collection features carefully selected stocks from industry giants and innovators, chosen by professional analysts for their potential in the growing $6.93 trillion global oil and gas market.

Published: May 15, 2025

Explore Basket

Which Baskets Do They Appear In?

Oil & Gas

Fuel up with investment opportunities in the energy markets. This collection features carefully selected stocks from industry giants and innovators, chosen by professional analysts for their potential in the growing $6.93 trillion global oil and gas market.

Published: May 15, 2025

Explore Basket

Discover More Comparisons

Kinder Morgan vs TC Energy

Kinder Morgan vs EOG Resources

Kinder Morgan vs SLB

Kinder Morgan vs SLB: a stock comparison

Kinder Morgan vs Phillips 66

Comparison Snapshot

Why It's Moving

Kinder Morgan surges on upbeat 2026 guidance and dividend hike, signaling robust pipeline growth ahead.

Phillips 66 Fuels Momentum with 2026 Capital Plans and Analyst Upgrades

Kinder Morgan surges on upbeat 2026 guidance and dividend hike, signaling robust pipeline growth ahead.

Phillips 66 Fuels Momentum with 2026 Capital Plans and Analyst Upgrades