Eni vs Kinder Morgan (ENI.MI vs KMI)
Eni (ENI.MI) vs Kinder Morgan (KMI) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Eni (ENI.MI) and Kinder Morgan (KMI) compete in oil and gas. Here are Eni and Kinder Morgan side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Eni or Kinder Morgan.
Eni vs Kinder Morgan: the figures
| Figure | Eni | Kinder Morgan |
|---|---|---|
| Share price | €25.54 (November 4, 2026) | $31.52 (November 4, 2026) |
| Market cap | €72.8 billion | $70.2 billion |
| P/E (TTM) | 17.5x | 19.5x |
| Forward P/E | 9.4x | 20.4x |
| Revenue growth (quarter) | +26.7% | +9.3% |
| Net margin (TTM) | 7.9% | 19.6% |
| Net debt / EBITDA | 1.3x | 4.2x |
| Dividend yield | 4.15% | 3.62% |
| Beta | 0.22 | 0.57 |
Eni and Kinder Morgan figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Eni or Kinder Morgan figure is not available, and we never estimate it.
3 key differences between Eni and Kinder Morgan
- Growth: Eni grew sales +26.7% year on year in its latest quarter, against +9.3% for Kinder Morgan.
- Profitability: for every 100 of sales, Kinder Morgan keeps 19.6 as net profit and Eni keeps 7.9.
- Debt: Kinder Morgan owes 4.2x its annual operating profit (EBITDA), while Eni owes 1.3x its EBITDA.
Eni or Kinder Morgan: which fits your profile
- If you want growth: Eni is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Eni pays the higher dividend relative to its price.
- If you prefer caution: Eni has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Eni trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Eni nor Kinder Morgan wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Eni and Kinder Morgan make money
Eni (ENI.MI)
Eni is an Italian energy company whose oil and gas Exploration & Production business generates most of its profit. It also reports Global Gas & LNG Portfolio, Refining and Chemicals (Versalis), Enilive (biofuels and fuel stations) and Plenitude (renewables plus power and gas sales to households). It produces in Africa, Europe and Asia. Full Eni analysis.
Kinder Morgan (KMI)
Kinder Morgan operates natural gas pipelines, refined products pipelines and storage terminals across the United States. Natural Gas Pipelines is its largest segment, followed by Products Pipelines, Terminals and a carbon dioxide business. Most earnings come from fees for moving and storing energy, which are less tied to commodity prices. Full Kinder Morgan analysis.
Frequently asked questions: Eni vs Kinder Morgan
Is Eni or Kinder Morgan the better stock?
Choosing between Eni and Kinder Morgan depends on what you are looking for. Eni is growing faster right now, and Eni trades on the lower P/E. Fintols does not tell you whether to buy Eni or Kinder Morgan: it shows you the differences so you can decide.
Which pays a higher dividend, Eni or Kinder Morgan?
As of November 4, 2026, Eni yields 4.15% and Kinder Morgan yields 3.62%. Also check how much of their profit Eni and Kinder Morgan pay out: if it is more than they earn, it cannot last.
Which is more expensive, Eni or Kinder Morgan?
On P/E, Kinder Morgan (19.5x) is more expensive than Eni (17.5x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Eni and Kinder Morgan?
Yes. Many people spread their money across several companies, such as Eni and Kinder Morgan, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Eni or Kinder Morgan.
More comparisons with Eni or Kinder Morgan
More companies like Eni and Kinder Morgan: oil and gas stocks. Educational content about Eni and Kinder Morgan, not investment advice.