Kinder Morgan breaks to $34.20, clearing its 52-week high
As seen on the 24/7 Wall St. homepage on October 16, 2026.
Kinder Morgan just set a fresh 52-week high at $34.20, clearing its May 19 peak by 0.62% after five months of going nowhere. The $76 billion pipeline operator has broken out of a range that capped it all summer.
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Kinder Morgan priced at $34.20 on October 16, clearing a 52-week ceiling that had turned back every rally since May.
Shares climbed from the mid-$20s earlier in the 52-week window, and the final leg into the new high came quickly.
A breakout to a fresh annual high draws momentum buyers who read the prior peak as confirmation that resistance has flipped. The old May high is now the first support to watch on any pullback.
Kinder Morgan is a $76 billion infrastructure business with revenues largely tied to long-term contracts for moving natural gas and petroleum products, a steadier earnings base than commodity producers offer. Sustained momentum adds a capital-appreciation case on top of the dividend.
Sources
Mentioned: KMI