MF: Buy $KMI

Motley Fool headline: The World Is Going to Need More Natural Gas. This Stock Could Be a Key Beneficiary.
By Rekha Khandelwal - Jun 11, 2022 at 10:30AM…

With roughly 71,000 miles of natural gas pipelines, Kinder Morgan owns the largest natural gas transmission network in the U.S. And some of the key areas where it operates are primed for meaningful growth. Natural gas production in the Northeast basin, the Permian basin, and the Haynesville shale is expected to see robust growth through 2030. Kinder Morgan has takeaway capacity in all these regions, which means it stands to benefit from this growth. Kinder Morgan also expects Texas and Louisiana to account for more than 95% of the growth in demand for natural gas through 2030. Again, the company has a strong footprint in these regions.

Open link to see graph/chart:

As the chart shows, U.S. LNG exports are expected to rise from 9 billion cubic feet per day (bcfd) in 2021 to 22 bcfd by 2030. Kinder Morgan delivered roughly 6.2 bcfd in the first quarter this year. It expects that this volume could rise to 8 to 12 bcfd by 2030. So, the company stands to benefit from the growth in LNG exports.