Compare · KMI vs PAA
KMI vs PAA
Side-by-side comparison of Kinder Morgan Inc. (KMI) and Plains All American Pipeline L.P. (PAA): market cap, price performance, sector, and recent activity on the wire.
Summary
- KMI operates in Utilities, while PAA operates in Energy - the two are in different parts of the market.
- KMI is the larger of the two at $68.90B, about 10.5x PAA ($6.58B).
- KMI has been more active in the news (12 items in the past 4 weeks vs 8 for PAA).
- PAA has more recent analyst coverage (25 ratings vs 24 for KMI).
Kinder Morgan Inc.
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; and owns interests in/or operates oil fields and gasoline processing plants, as well as operates a crude oil pipeline system in West Texas. It owns and operates approximately 83,000 miles of pipelines and 144 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.
Plains All American Pipeline L.P.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, and trucks. As of December 31, 2020, this segment owned and leased 18,370 miles of active crude oil and NGL pipelines and gathering systems; 35 million barrels of active and above-ground tank capacity; and 815 trailers. The Facilities segment provides storage, terminalling, and throughput services for crude oil, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2020, this segment owned and operated approximately 75 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; 68 billion cubic feet (Bcf) of natural gas storage working capacity; 25 Bcf of base gas; five natural gas processing plants; a condensate processing facility; eight fractionation plants; 22 crude oil and NGL rail terminals; five marine facilities; and approximately 330 miles of active pipelines. The Supply and Logistics segment engages in the purchase, logistics, and resale of crude oil and NGL. As of December 31, 2020, this segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill; 680 trucks and 840 trailers; and 6,000 crude oil and NGL railcars. The company was incorporated in 1998 and is headquartered in Houston, Texas.
Latest KMI
- VP (Pres., Products Pipelines) Garthwaite Michael P. sold $50,612 worth of Class P Common Stock (1,550 units at $32.65) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 50,413 units (SEC Form 4)
- Phillips 66, Kinder Morgan and HF Sinclair Announce Final Investment Decision for Western Gateway Pipeline
- VP and Chief Financial Officer Michels David Patrick converted options into 121,528 units of Class P Common Stock and covered exercise/tax liability with 47,573 units of Class P Common Stock, increasing direct ownership by 53% to 213,383 units (SEC Form 4) (tax withholding)
- VP and COO Holland James E covered exercise/tax liability with 50,993 units of Class P Common Stock and converted options into 130,209 units of Class P Common Stock, increasing direct ownership by 15% to 614,693 units (SEC Form 4) (tax liability)
- President Sanders Dax converted options into 130,209 units of Class P Common Stock and covered exercise/tax liability with 51,238 units of Class P Common Stock, increasing direct ownership by 27% to 369,471 units (SEC Form 4) to satisfy withholding obligation
- Chief Executive Officer Dang Kimberly A converted options into 636,575 units of Class P Common Stock and covered exercise/tax liability with 250,233 units of Class P Common Stock, increasing direct ownership by 47% to 1,216,943 units (SEC Form 4) to satisfy withholding tax
- VP and General Counsel James Catherine C. converted options into 69,445 units of Class P Common Stock and covered exercise/tax liability with 26,760 units of Class P Common Stock, increasing direct ownership by 35% to 165,338 units (SEC Form 4) (withholding tax)
- V.P., Corporate Development Grahmann Kevin P converted options into 40,510 units of Class P Common Stock and covered exercise/tax liability with 13,576 units of Class P Common Stock, increasing direct ownership by 46% to 85,587 units (SEC Form 4) (for withholding tax)
- VP (President, CO2 and ETV) Ashley Anthony B converted options into 104,167 units of Class P Common Stock and covered exercise/tax liability with 40,275 units of Class P Common Stock, increasing direct ownership by 64% to 164,038 units (SEC Form 4) to cover withholding tax
- V.P. (Pres.,Nat Gas Pipelines) Mody Sital K converted options into 115,741 units of Class P Common Stock and covered exercise/tax liability with 45,545 units of Class P Common Stock (SEC Form 4) to cover withholding tax
Latest PAA
- Sr. VP Finance & CAO Herbold Chris converted options into 140,609 units of Common Units and covered exercise/tax liability with 54,241 units of Common Units, increasing direct ownership by 36% to 327,441 units (SEC Form 4)
- EVP & CFO Swanson Al converted options into 109,165 units of Common Units and covered exercise/tax liability with 42,957 units of Common Units, increasing direct ownership by 11% to 668,109 units (SEC Form 4)
- EVP, General Counsel & Sec. Mcgee Richard K. converted options into 109,165 units of Common Units and covered exercise/tax liability with 42,957 units of Common Units, increasing direct ownership by 11% to 672,561 units (SEC Form 4)
- EVP & CCO Goebel Jeremy L. covered exercise/tax liability with 252,112 units of Common Units, gifted 388,579 units of Common Units, received a gift of 388,579 units of Common Units and converted options into 640,691 units of Common Units (SEC Form 4)
- EVP & COO Chandler Chris R. converted options into 640,691 units of Common Units and covered exercise/tax liability with 252,112 units of Common Units, increasing direct ownership by 79% to 882,483 units (SEC Form 4)
- Chairman & CEO Chiang Willie Cw converted options into 346,357 units of Common Units and covered exercise/tax liability with 136,292 units of Common Units, increasing direct ownership by 18% to 1,396,856 units (SEC Form 4)
- Plains All American Pipeline L.P. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
- Plains All American Reports Second-Quarter 2026 Results
- Director Ziemba Lawrence Michael sold $51,495 worth of Common Units (2,346 units at $21.95), closing all direct ownership in the company (SEC Form 4)
- Plains All American's 2025 Schedule K-3 Now Available