Kinder Morgan, Inc.
Close on Nov 2, 2026Market cap $72.84BP/E 21.0Yield 3.56%
Kinder Morgan Share of Expansion Project Backlog in Natural Gas by Quarter
Share of Expansion Project Backlog in Natural Gas Projects (%) (%)
Kinder Morgan Share of Expansion Project Backlog in Natural Gas: 92.0% in Q2 2026, down 1.0 pts from a year earlier.
Where the Q2 2026 figure comes from
““As a result of placing those large projects into service, our project backlog at the end of the second quarter of 2026 was $9.6 billion, down $500 million from the first quarter of 2026, although the board today provided contingent approval on almost $400 million in projects that are not yet in the backlog. Natural gas projects account for approximately 92% of our project backlog, and more than 60% of the backlog is associated with projects supporting power generation and local distribution company demand. Even beyond the backlog, we continue to see strong interest from our customers in developing additional natural gas infrastructure.”
Source: KMI Q2 2026 Earnings Release (Form 8-K) ↗
In Q3 2026, natural gas expansion backlog reached $13.2B out of $14.4B total (~92%, incl. SNG Southeast Connector & NGPL Permian Line).
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Share of Expansion Project Backlog in Natural Gas Projects (%) (%) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | 92.0% | -1.0 pts | KMI Q2 2026 Earnings Release (Form 8-K) ↗ |
| Q1 2026 | Mar 31, 2026 | 92.0% | – | KMI Q1 2026 Earnings Release (Form 8-K) ↗ |
| Q4 2025 | Dec 31, 2025 | 90.0% | – | KMI Q4 2025 Earnings Release (Form 8-K) ↗ |
| Q3 2025 | Sep 30, 2025 | 90.0% | – | KMI Q3 2025 Earnings Release (Form 8-K) ↗ |
| Q2 2025 | Jun 30, 2025 | 93.0% | – | KMI Q2 2025 Earnings Release (Form 8-K) ↗ |
Cite this data
StockData. (2026). Kinder Morgan Share of Expansion Project Backlog in Natural Gas (%), quarterly Q2 2025–Q2 2026 [Data set]. Compiled from Kinder Morgan SEC filings and investor materials. https://stockdatahq.com/stocks/kmi/kpis/project-backlog-ng-pct
See every metric in the Kinder Morgan KPI table. Data updated Nov 2, 2026.