The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Kinder Morgan, Inc. (NYSE:KMI) is included among the 12 Best American Oil Stocks to Buy Now.

Kinder Morgan, Inc. (NYSE:KMI) is one of the largest energy infrastructure companies in North America. The company is the largest independent transporter of petroleum products in the United States, transporting approximately 2.4 million barrels per day.

On June 12, Barclays reaffirmed its ‘Buy’ rating on Kinder Morgan, Inc. (NYSE:KMI) and assigned the stock a price objective of $34, reflecting an upside of over 8% from the current levels.

Kinder Morgan’s project backlog increased to $10.1 billion at the end of Q1 2026. During the quarter, the company put approximately $230 million of projects in service and added $375 million in new projects, including three data center deals. The projects will help grow the midstream operator’s cash flows and allow it to sustain its impressive dividend yield of 3.80%.

Kinder Morgan expects its net income attributable to the company to remain flat at $3.1 billion in FY 2026. However, the company expects its adjusted EPS to surge by 5% YoY to $1.36. Moreover, the energy infrastructure firm is targeting adjusted EBITDA of $8.6 billion for the year.

While we acknowledge the potential of KMI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Most Profitable Energy Stocks to Buy Now and 10 High Yield Crude Oil Stocks to Buy Now

Disclosure: None. Follow Insider Monkey on Google News.