| Profitability | 67/100 |
| Growth | 67/100 |
| Momentum | 93/100 |
| Quality | 78/100 |
| Earnings Quality | 83/100 |
| Balance Sheet | 36/100 |
| Value | 56/100 |
| Risk (safety) | 30/100 |
| Overall | 57.9/100 |
| Symbol | IS Score |
|---|---|
| EPD | 53 |
| ET | 50 |
| WMB | 45 |
| TRGP | 57 |
| LNG | 62 |
| OKE | 49 |
| KMI | 58 |
Both readings sit above the midpoint — business quality at 58 and price structure at 82 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.
| Trigger | Where it stands now | What it would mean |
|---|---|---|
| IS Score reaches 75 and holds two consecutive quarters | now 57.9 | would move us up one band |
| IS Score stops falling - one quarter higher than the prior | last four: 43 → 56 → 58 → 58 | the direction matters more than the level |
| Technical vote share back above 50% | now 91% | price structure no longer broken |
| Institutional holder count rises two quarters running | peak 1,825 → now 1,825 | fewer institutions willing to hold is our clearest warning |
This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.
| Quarter | Holders | 13F shares | Value | Reported own% |
|---|---|---|---|---|
| 2026 Q2 | 1,825 | 1571.5M | $49.4B | 70.6% |
| 2026 Q1 | 1,825 | 1492.3M | $50.2B | 67.1% |
| 2025 Q4 | 1,723 | 1509.4M | $43.1B | 67.8% |
| 2025 Q3 | 1,663 | 1445.9M | $41.2B | 65.0% |
| 2025 Q2 | 1,656 | 1474.7M | $43.7B | 66.3% |
| 2025 Q1 | 1,626 | 1455.5M | $41.0B | 65.4% |
| 2024 Q4 | 1,585 | 1463.8M | $40.4B | 65.8% |
| 2024 Q3 | 1,402 | 1441.2M | $31.3B | 64.8% |
| 2024 Q2 | 1,374 | 1438.3M | $28.3B | 64.6% |
| 2024 Q1 | 1,359 | 1425.1M | $26.1B | 64.0% |
| 2023 Q4 | 1,370 | 1382.7M | $24.7B | 62.1% |
| 2023 Q3 | 1,321 | 1373.1M | $22.3B | 61.7% |
| Insider | Role | Date | Type | Shares | Value | Post-Txn Owned |
|---|---|---|---|---|---|---|
| Garthwaite Michael P. | VP (Pres., Products Pipelines) | 2026-09-16 | SELL | 1,550 | $0.05M | 48,863 |
| Grubb Kenneth W. | VP and COO | 2026-09-04 | — | 61,767 | — | 0 |
| Garthwaite Michael P. | VP (Pres., Products Pipelines) | 2026-08-17 | SELL | 1,550 | $0.05M | 50,413 |
| Michels David Patrick | VP and Chief Financial Officer | 2026-07-31 | EXERCISE | 121,528 | — | 260,956 |
| Michels David Patrick | VP and Chief Financial Officer | 2026-07-31 | TAX W/H | 47,573 | $1.53M | 213,383 |
| Michels David Patrick | VP and Chief Financial Officer | 2026-07-31 | EXERCISE | 121,528 | — | 0 |
| Sanders Dax | President | 2026-07-31 | EXERCISE | 130,209 | — | 420,709 |
| Sanders Dax | President | 2026-07-31 | TAX W/H | 51,238 | $1.65M | 369,471 |
| 6-mo decomposition (Form 4) | Txns | Shares | Value | Signal weight |
|---|---|---|---|---|
| S — Open-market sales | 12 | 41,680 | $1.4M | Counted |
| M — Exercises (paired A/D) | 10 | 1,378,767 | — | None — mechanics |
| F — Tax withholding | 10 | 533,861 | $17.2M | None — compensation |
| P — Open-market purchases | 0 | 0 | $0 | Counted — none occurred |
| Member | Chamber | Trade | Size band | Traded | Disclosed |
|---|---|---|---|---|---|
| Richard W. Allen | House | BUY | $1,001 - $15,000 | 2026-02-19 | 2026-03-12 |
| Rick W. Allen | House | BUY | $1,001 - $15,000 | 2026-02-18 | 2026-03-11 |
| Gilbert Cisneros | House | BUY | $1,001 - $15,000 | 2026-02-10 | 2026-03-10 |
| Alan Armstrong | Senate | SELL | $1,001 - $15,000 | 2026-03-27 | 2026-07-20 |
| John Fetterman | Senate | SELL | $1,001 - $15,000 | 2025-04-22 | 2025-05-15 |
| John Karl Fetterman | Senate | SELL | $1,001 - $15,000 | 2025-04-22 | 2025-05-15 |
| Manager | Shares | Value |
|---|---|---|
| Confluence Investment Management L | 3.3M | $98M |
| Fort Washington Investment Advisor | 2.0M | $59M |
| Nichols & Pratt Advisers Llp /Ma | 1.8M | $54M |
| Wealth Enhancement Advisory Servic | 1.3M | $25M |
| Assenagon Asset Management S.A. | 997,610 | $30M |
| Asr Vermogensbeheer N.V. | 817,956 | $25M |
| Fund | Weight | Position |
|---|---|---|
| VITSX | 0.1% | $1.8B |
| VTI | 0.1% | $1.8B |
| VSMPX | 0.1% | $1.8B |
| VTSAX | 0.1% | $1.8B |
| VFINX | 0.1% | $1.6B |
| VFIAX | 0.1% | $1.6B |
| ATS Venue (4-wk) | Shares | Avg trade |
|---|---|---|
| Incr Intelligent Cross Llc | 11.8M | 121 sh |
| Ebxl Level Ats | 7.3M | 57 sh |
| Ubsa Ubs Ats | 6.4M | 97 sh |
| Mstx Ms Trajectory Cross (Ats-1) | 5.5M | 119 sh |
| Mlix Instinct X | 3.7M | 155 sh |
| Sgmt Sigma X2 | 3.6M | 105 sh |
| Region | Revenue | Share |
|---|---|---|
| UNITED STATES | $16.9B | 100% |
| MEXICO | $11M | 0% |
Moat score 53/100 — Weak; primary source Intangible Assets.
| Officer | Title |
|---|---|
| Sital K. Mody | Vice President & President of Natural Gas Pipelines |
| Dax A. Sanders | President |
| John W. Schlosser | Vice President & President of Terminals |
| David Patrick Michels | Vice President & Chief Financial Officer |
| Period | EPS est. | EPS actual | EPS surprise | Rev est. ($M) | Rev actual ($M) | Rev surprise |
|---|
| YoY growth | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | +52.7% | +11.5% | -22.5% | -0.5% | +12.5% |
| Gross profit | +48.6% | -13.5% | -6.7% | +7.7% | +33.9% |
| Operating income | +62.7% | -16.2% | -8.6% | +8.4% | +9.8% |
| Net income | +1399.2% | +42.8% | -6.2% | +9.3% | +17.0% |
| $B · FY ends | FY21 | FY22 | FY23 | FY24 | FY25 | Trend |
|---|---|---|---|---|---|---|
| Revenue | 17.5 | 19.6 | 15.2 | 15.1 | 16.9 | |
| Cost of revenue | 11.2 | 14.1 | 10.0 | 9.5 | 9.5 | |
| Gross profit | 6.4 | 5.5 | 5.1 | 5.5 | 7.4 | |
| R&D expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| SG&A expense | 0.7 | 0.6 | 0.7 | 0.7 | 0.9 | |
| Operating income | 5.3 | 4.4 | 4.0 | 4.4 | 4.8 | |
| EBITDA | 5.9 | 7.0 | 7.3 | 7.6 | 7.5 | |
| D&A | 2.1 | 2.2 | 2.2 | 2.4 | 2.5 | |
| Pretax income | 2.2 | 3.3 | 3.2 | 3.4 | 4.0 | |
| Income tax | 0.4 | 0.7 | 0.7 | 0.7 | 0.8 | |
| Net income | 1.8 | 2.5 | 2.4 | 2.6 | 3.1 | |
| Diluted EPS ($) | 0.78 | 1.12 | 1.06 | 1.17 | 1.37 | |
| Diluted shares (M) | 2,266 | 2,258 | 2,234 | 2,220 | 2,225 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | 0.7 | 0.1 | 0.1 | 0.1 | |
| ST investments | 0.0 | 0.0 | 0.0 | 0.0 | |
| Receivables (net) | 1.8 | 1.6 | 1.5 | 1.7 | |
| Total current assets | 3.8 | 2.5 | 2.5 | 2.8 | |
| PP&E (net) | 35.6 | 37.3 | 38.0 | 39.5 | |
| Goodwill + intangibles | 21.8 | 22.1 | 21.8 | 21.8 | |
| Total assets | 70.1 | 71.0 | 71.4 | 74.6 | |
| Accounts payable | 1.4 | 1.4 | 1.4 | 1.4 | |
| Short-term debt | 3.4 | 4.0 | 2.0 | 1.3 | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | |
| Total current liabilities | 6.9 | 7.2 | 5.1 | 4.3 | |
| Long-term debt | 28.2 | 27.8 | 29.7 | 30.9 | |
| Total liabilities | 38.0 | 39.3 | 39.5 | 42.1 | |
| Shareholders' equity | 32.1 | 31.7 | 31.9 | 32.4 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Net income | 2.6 | 2.5 | 2.7 | 3.0 | |
| D&A | 2.3 | 2.2 | 2.4 | 2.5 | |
| Stock-based compensation | 0.1 | 0.1 | 0.0 | 0.0 | |
| Working capital change | (0.3) | 1.2 | (0.1) | (0.2) | |
| Operating cash flow | 5.0 | 6.5 | 5.6 | 6.2 | |
| Capital expenditures | (1.6) | (2.3) | (2.6) | (3.0) | |
| Investing cash flow | (2.2) | (4.2) | (2.6) | (3.5) | |
| Buybacks | (0.4) | (0.5) | (0.0) | 0.0 | |
| Dividends paid | (2.5) | (2.5) | (2.6) | (2.6) | |
| Debt issuance / (repay) | (0.7) | 0.2 | (0.1) | (0.1) | |
| Financing cash flow | (3.1) | (3.0) | (2.9) | (2.8) | |
| Free cash flow | 3.3 | 4.1 | 3.0 | 3.2 |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| PROFITABILITY | |||||||
| ROE | 5.7% | 8.3% | 7.8% | 8.6% | 9.9% | 11% | |
| ROA | 2.5% | 3.6% | 3.4% | 3.7% | 4.2% | 4.7% | |
| ROIC | 7.0% | 5.7% | 5.1% | 5.6% | 6.0% | 5.7% | |
| Gross margin | 36.3% | 28.1% | 33.9% | 36.7% | 43.7% | 54.9% | |
| Operating margin | 30.1% | 22.6% | 26.7% | 29.1% | 28.4% | 29.0% | |
| Net margin | 10.2% | 13.0% | 15.8% | 17.3% | 18.0% | 19.3% | |
| EBITDA margin | 33.4% | 35.9% | 47.9% | 50.6% | 44.1% | 44.9% | |
| FCF margin | 25.2% | 17.1% | 27.4% | 20.1% | 21.2% | — | |
| VALUATION | |||||||
| P/E | 16.06 | 13.53 | 14.83 | 22.29 | 20.01 | 21.9 | |
| P/B | 0.93 | 1.12 | 1.17 | 1.91 | 1.96 | 2.4 | |
| P/S | 1.63 | 1.76 | 2.34 | 3.86 | 3.61 | 4.24 | |
| P/FCF | 6.47 | 10.30 | 8.55 | 19.26 | 16.99 | 24.1 | |
| EV/EBITDA | 10.38 | 9.23 | 9.28 | 11.81 | 12.49 | 13.4 | |
| EV/Revenue | 3.46 | 3.34 | 4.44 | 5.96 | 5.51 | 6.0 | |
| Earnings yield | 6.2% | 7.4% | 6.7% | 4.5% | 5.0% | 4.56% | |
| FCF yield | 15.4% | 9.7% | 11.7% | 5.2% | 5.9% | 4.15% | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| LEVERAGE & SOLVENCY | |||||||
| Current ratio | 0.66 | 0.55 | 0.35 | 0.49 | 0.64 | 0.51 | |
| Quick ratio | 0.56 | 0.46 | 0.28 | 0.39 | 0.50 | 0.41 | |
| Debt / equity | 1.08 | 1.03 | 1.05 | 1.04 | 1.04 | 1.02 | |
| Debt / assets | 47.2% | 45.0% | 44.9% | 44.3% | 43.4% | 43.5% | |
| Net debt / EBITDA | 5.48 | 4.36 | 4.39 | 4.15 | 4.32 | 3.99 | |
| Interest coverage | 2.48 | 3.14 | 2.78 | 2.85 | 2.79 | — | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| EFFICIENCY | |||||||
| Asset turnover | 0.25 | 0.28 | 0.21 | 0.21 | 0.23 | 0.24 | |
| Receivables turnover | 12.08 | 11.33 | 8.84 | 9.74 | 10.53 | 11.5 | |
| DSO (days) | 30 | 32 | 41 | 37 | 35 | 32 | |
| DPO (days) | 34 | 35 | 51 | 53 | 54 | 71 | |
| Cash conversion cycle | 11 | 13 | 11 | 5 | 3 | -13 | |
| GROWTH (YoY) | |||||||
| Revenue growth | 52.8% | 11.5% | -22.5% | -0.5% | 12.5% | — | |
| Net income growth | 1399.2% | 42.8% | -6.2% | 9.3% | 17.0% | — | |
| EPS growth | 1397.2% | 44.0% | -5.0% | 9.3% | 16.7% | — | |
| FCF growth | 55.7% | -24.4% | 23.9% | -27.0% | 19.0% | — | |
| PER SHARE ($) | |||||||
| EPS (diluted, TTM) | 0.79 | 1.13 | 1.08 | 1.18 | 1.37 | 1.56 | |
| Book value / share | 13.60 | 13.68 | 13.65 | 13.75 | 14.01 | 14.78 | |
| Revenue / share | 7.73 | 8.70 | 6.82 | 6.79 | 7.62 | 8.07 | |
| FCF / share | 1.95 | 1.49 | 1.87 | 1.36 | 1.62 | 1.42 | |
| Cash / share | 0.50 | 0.33 | 0.04 | 0.04 | 0.05 | 0.04 | |
| SHAREHOLDER RETURN & SCORES | |||||||
| Buyback yield | 0.0% | 1.1% | 1.5% | 0.0% | 0.0% | — | |
| Altman Z-Score | 0.63 | 0.79 | 0.70 | 1.09 | 1.11 | 1.4 | |
| Piotroski F-Score | 7 | 7 | 6 | 8 | 8 | 7/9 | |
| Beneish M-Score | -2.27 | -2.50 | -2.99 | -2.78 | -2.76 | -2.86 | |
| Model | Score | Zone | Note |
|---|---|---|---|
| Piotroski F-Score | 7 / 9 | Strong | |
| Altman Z-Score | 1.4 | Distress (<1.81) | Distress |
| Income quality | 1.84 | Cash-backed | OCF ÷ net income |
| Beneish M-Score | -2.86 | Non-manipulator | vs −2.22 threshold |
| DuPont Decomposition (TTM) | Value |
|---|---|
| Tax burden | 0.75 |
| Interest burden | 0.82 |
| Operating margin | 31.1% |
| Asset turnover | 0.25× |
| Financial leverage | 2.35× |
| = ROE | 11% |
| Growth Quality (live) | Value |
|---|---|
| Revenue stability | 0.39 |
| Earnings stability | 0.82 |
| Earnings persistence | 0.89 |
| Revenue CAGR 3y | 1.8% |
| EPS CAGR 3y | 11.6% |
| FCF CAGR 3y | 5.2% |
| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | Piotroski | 1-yr ret |
|---|---|---|---|---|---|---|---|
| EPD | $79.5B | 12.8 | 21% | 10.1% | +6.8% | 7/9 | +29.6% |
| ET | $69.7B | 12.6 | 17% | 6.1% | +29.7% | 8/9 | +23.9% |
| WMB | $87.2B | 28.3 | 24% | 27.1% | +8.8% | 7/9 | +14.9% |
| TRGP | $63.2B | 28.0 | 73% | 17.2% | -2.2% | 8/9 | +102.8% |
| LNG | $59.8B | 21.4 | 45% | 53.5% | +22.4% | 7/9 | — |
| OKE | $58.8B | 16.1 | 16% | 8.0% | +40.8% | 7/9 | — |
| ENBA | $41.8B | 9.8 | 17% | 8.4% | +20.3% | 7/9 | — |
| MPLXP | $33.4B | 18.4 | 34% | 31.9% | +10.5% | 7/9 | — |
| Consensus estimates | Revenue mean | High / Low | EPS mean | High / Low | # EPS est. |
|---|---|---|---|---|---|
| FY2026 | $18.31B | $18.70B / $17.68B | $1.54 | $1.65 / $1.46 | 11 |
| FY2027 | $18.60B | $19.39B / $17.47B | $1.54 | $1.76 / $1.43 | 12 |
| FY2028 | $19.55B | $20.45B / $18.60B | $1.67 | $1.85 / $1.58 | 8 |
| Window | Avg Target | vs. Price | # Targets |
|---|---|---|---|
| Last Month | $36.00 | +5.3% | 2 |
| Last Quarter | $35.67 | +4.3% | 6 |
| Last Year | $34.62 | +1.2% | 13 |
| All Time | $26.19 | -23.4% | 49 |
| Moving Average | Value | Distance | % Distance | Signal |
|---|---|---|---|---|
| SMA 20 | $31.81 | +2.39 | +7.51% | Above |
| SMA 50 | $31.67 | +2.53 | +7.99% | Above |
| SMA 200 | $31.69 | +2.51 | +7.92% | Above |
| EMA 9 | $32.88 | +1.32 | +4.01% | Above |
| EMA 21 | $32.19 | +2.01 | +6.24% | Above |
| EMA 50 | $31.85 | +2.35 | +7.38% | Above |
| EMA 200 | $31.10 | +3.10 | +9.97% | Above |
| Level | Value | Level | Value |
|---|---|---|---|
| Pivot / R1 / R2 | $32.96 / $33.61 / $34.39 | S1 / S2 | $32.18 / $31.53 |
| Bollinger (20,2) | $29.60 – $34.02 | Squeeze | Off |
| 52-wk range | $25.44 – $34.81 | Off 52-wk high | -1.8% |
| ATR (14) | $0.77 (2.3%) | Historical vol | 24.0% |
| Computed from live weekly prices | KMI | S&P 500 |
|---|---|---|
| Weekly volatility (σ, 1y) | 2.84% | 1.83% |
| Best / worst week (1y) | +7.1% / -8.7% | — |
| Max drawdown (5y, monthly) | -44.5% | — |
| 1-week VaR (95%) | -3.6% | — |
| Beta (5y) | 0.55 | 1.00 |
| Reading | KMI | Oil & Gas Midstream n=141 | Energy n=2,022 | All US symbols n=70,435 |
|---|---|---|---|---|
| Overall | +31.5 | -12.8 | -13.8 | -20.5 |
| Trend | +46.0 | -10.7 | -8.3 | -21.3 |
| Momentum | +69.5 | +4.4 | -8.5 | -15.8 |
| Volume | +52.9 | -33.4 | -25.0 | -3.8 |
| Executive | Total comp | Structure |
|---|---|---|
| Kimberly A. Dang Chief Executive Officer | $12.3M | 95% equity+incentive |
| Dax A. Sanders Executive Vice President | $4.2M | 86% equity+incentive |
| Sital K. Mody Vice President (President, Nat | $4.1M | 86% equity+incentive |
| David P. Michels Vice President and Chief Fi | $3.9M | 85% equity+incentive |
| John W. Schlosser Vice President (President, | $3.8M | 85% equity+incentive |
| Pillar (live disclosure scores) | Score |
|---|---|
| Environmental | 52 |
| Social | 67 |
| Governance | 67 |
| Composite ESG | 62 |
Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.
| Data domain | Source | Coverage for this report |
|---|---|---|
| Price & volume | market_db.historical_prices | 52 rows |
| Fundamentals | income_statements_annual | 6 rows · 2020 to 2025 |
| Reported vs consensus | fact/earnings_calendar | 24 rows · 2020-07-22 to 2026-04-22 |
| Analyst estimates | dim/forward_estimates | 3 rows · 2026-12-31 to 2028-12-31 |
| Institutional ownership (13F) | holdings_db.institutional_ownership_summary | 72 rows · 2006 to 2026 |
| Insider transactions (Form 4) | edgar/form4 | 12 rows · 2026-07-31 to 2026-09-16 |
| Proposed sales (Form 144) | edgar/form144 | not present for this symbol |
| Beneficial ownership (13D/G) | edgar/13dg | not present for this symbol |
| Short-sale volume (FINRA) | edgar/short_volume_daily | 60 rows · 2026-07-23 to 2026-10-15 |
| Dark pool (ATS, tier 1) | edgar/darkpool_weekly | 12 rows · 2026-06-15 to 2026-08-31 |
| ETF & fund holding | etf_holdings_changelog (30d) | 1 record |
| Peer set | stock_peers_dynamic | 8 rows |
| Industry medians | industry_medians | 1 record |
| Congressional trades | congress_db (House + Senate) | 1 record |
| ESG | fact/esg_disclosures | 1 record |
Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.
Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.