While Big Tech fixates on building smarter AI models, Kinder Morgan's Q1 2026 results prove the real money is in piping the natural gas to keep those data centers running.

In ~10 minutes:

• How Winter Storm Fern drove a 36% net income surge.

• Getting paid to empty tanks, then re-leasing at higher rates.

• Killing crude pipelines to capture the natural gas liquid boom.

• Why a March Treasury tax loophole unlocks massive near-term cash flow.

Miro and Susie unpack how Kinder Morgan acts as a highly profitable toll booth for American energy infrastructure. With 153 gigawatts of gas-fired power expected by 2030 to fuel tech’s massive compute demands, KMI just added three new pipeline deals to their $10.1 billion backlog. Yet beneath the soaring cash flows and savvy capital allocation, a looming weather-related lawsuit reminds us that outperforming the grid carries its own localized risks ⛽.

Kinder Morgan (KMI) | Q1 FY2026

AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.