Kinder Morgan stock: Richard Kinder buys 500,000 shares
Published on 11/09/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInsider purchase draws attention
- Executive Chairman Richard Kinder bought shares directly and remains a major Kinder Morgan owner.
- The transaction came after the company reported record third-quarter results and a larger natural gas project backlog.
- The next scheduled dividend payment is due on November 16, 2026, for holders of record as of November 2.
Richard D. Kinder, Kinder Morgan's executive chairman, director and 10% owner, bought 500,000 Class P common shares on Friday, November 6, according to a SEC Form 4. The filing gives a weighted average purchase price of 29.9884 US dollars per share and states that the transactions ranged from 29.92 to 29.99 US dollars.
The purchase increased Kinder's direct holdings to 246,712,353 shares. The filing also lists 61,479 shares held indirectly by his spouse and 11,812,747 shares held through a limited partnership, while noting that he disclaims the relevant beneficial interests in those holdings.
Insider buying follows strong quarter
The transaction followed Kinder Morgan's record third quarter, reported on October 21. The company posted net income attributable to Kinder Morgan of 764 million US dollars, compared with 628 million US dollars a year earlier. Adjusted earnings per share rose 21% to 0.35 US dollars, while adjusted EBITDA increased 9% to 2.18 billion US dollars.
Kinder Morgan also reported a 14.4 billion US dollar expansion project backlog, including 13.2 billion US dollars of natural gas projects. The board declared a quarterly dividend of 0.2975 US dollars per share, payable on November 16 to shareholders of record on November 2.
Kinder Morgan stock traded at 27.09 euros on Lang & Schwarz at 13:13 CET on Monday, November 9, 2026. The quote is a euro-denominated trading price and is not presented as a comparison with an Xetra close.
Investors can follow the real-time quote of Kinder Morgan stock as the market weighs the insider purchase against execution of the company's expansion plans.
The S&P 500 provides the broader US market backdrop for Kinder Morgan stock.
More news and analyses on Kinder Morgan stock will focus on project execution, cash flow and the November dividend payment.
Kinder Morgan stock at a glance
- Company: Kinder Morgan, Inc.
- ISIN: US49456B1017
- Ticker: KMI
- Home exchange: New York Stock Exchange
- Quote: 27.09 euros on Lang & Schwarz, November 9, 2026, 13:13 CET
