Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Kinder Morgan's share price for the quarter that ended in Mar. 2024 was $18.34. Kinder Morgan's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,219 Mil. Therefore, Kinder Morgan's market cap for the quarter that ended in Mar. 2024 was $40,703 Mil.
Kinder Morgan's quarterly market cap
increased
from Sep. 2023 ($36,937 Mil) to Dec. 2023 ($39,156 Mil) and
increased
from Dec. 2023 ($39,156 Mil) to Mar. 2024 ($40,703 Mil).
Kinder Morgan's annual market cap
increased
from Dec. 2021 ($35,961 Mil) to Dec. 2022 ($40,638 Mil) but then
declined
from Dec. 2022 ($40,638 Mil) to Dec. 2023 ($39,156 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Kinder Morgan's Enterprise Value for Today is $73,485 Mil.
Kinder Morgan Market Cap Historical Data
The historical data trend for Kinder Morgan's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Kinder Morgan's Market Cap
For the Oil & Gas Midstream subindustry, Kinder Morgan's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kinder Morgan's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's Market Cap distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's Market Cap falls into.
Kinder Morgan Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Kinder Morgan's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kinder Morgan (NYSE:KMI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Kinder Morgan Market Cap Related Terms
Thank you for viewing the detailed overview of Kinder Morgan's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinder Morgan (Kinder Morgan) Business Description
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
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