KMI (Kinder Morgan) Beginning Cash Position: $109 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KMI Kinder Morgan Inc KMI
76 GF Score
Price $32.86
GF Value $28.91
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kinder Morgan Beginning Cash Position?

Kinder Morgan KMI +0.27% 76 Beginning Cash Position is $109 Mil as of Mar. 2026. GuruFocus rates KMI with a GF Score™ of 76/100 and a GF Value™ of $28.91 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Kinder Morgan's Beginning Cash Position for the quarter that ended in Mar. 2026 was $109 Mil.

Kinder Morgan's quarterly Beginning Cash Position declined from Sep. 2025 ($197 Mil) to Dec. 2025 ($133 Mil) and declined from Dec. 2025 ($133 Mil) to Mar. 2026 ($109 Mil).

Kinder Morgan's annual Beginning Cash Position declined from Dec. 2023 ($794 Mil) to Dec. 2024 ($96 Mil) but then increased from Dec. 2024 ($96 Mil) to Dec. 2025 ($214 Mil).

Kinder Morgan Beginning Cash Position Related Terms

Kinder Morgan Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Kinder Morgan's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kinder Morgan Beginning Cash Position Chart

Kinder Morgan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,209.00 1,147.00 794.00 96.00 214.00

Kinder Morgan Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 295.00 197.00 133.00 109.00 0.00
KMI
76GF Score
Kinder Morgan Inc KMI
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinder Morgan Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $109 Mil mean?
Kinder Morgan (KMI) has a Beginning Cash Position of $109 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Kinder Morgan and its competitors.
Is Kinder Morgan's Beginning Cash Position too high?
Kinder Morgan's current Beginning Cash Position is $109 Mil. Overall, Kinder Morgan has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's Beginning Cash Position compare to ET and EPD?
Kinder Morgan's Beginning Cash Position of $109 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Kinder Morgan and its competitors. Kinder Morgan's current Beginning Cash Position is $109 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinder Morgan stock overvalued right now?
Based on GuruFocus' analysis, Kinder Morgan (KMI) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.91, compared to a current price of $32.86 — trading 13.7% above its estimated fair value. The current Beginning Cash Position is $109 Mil. Kinder Morgan's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Kinder Morgan (KMI), the current Beginning Cash Position is $109 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kinder Morgan (KMI) Overvalued in 2026?

Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued. The current stock price of $32.86 is trading 13.7% above its estimated GF Value™ of $28.91. GuruFocus considers Kinder Morgan to be Modestly Overvalued.

Key valuation signals for KMI:

  • Beginning Cash Position: $109 Mil
  • GF Value™: $28.91 vs. price of $32.86 (13.7% above fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the KMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kinder Morgan Business Description

Industry EnergyOil & Gas
Address 1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
Kinder Morgan operates natural gas, crude oil, and refined products pipelines connecting producing regions to demand centers. It is principally involved in the gathering, storage, and transmission of natural gas across the continental United States. It also operates distribution centers for refined products along with the largest fleet of Jones Act-compliant tankers.
76GF Score

Get the complete analysis for KMI

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.86
Price
$28.91
GF Value