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Antero Midstream vs Kinder Morgan: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Kinder Morgan carrying a narrow edge on growth. Antero Midstream still leads on profitability and stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

Growth still does most of the heavy lifting in this comparison.

INDUSTRY COMPARISON

Both operate in: Oil & Gas Midstream

This comparison is based on industry proximity, not on functional trajectory similarity. AM and KMI share the same industry classification.

For a similarity-based comparison, see how Antero Midstream and Kinder Morgan each position within their functional peer groups in AssetNext.

Peer-Relative Score
AM
Antero Midstream Corporation
55
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000
vs
KMI
Kinder Morgan, Inc.
56
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in growth.

Dimension spread: AM vs KMI Profitability 57 22 Stability 73 51 Valuation 61 73 Growth 26 87 AM KMI
Gap Ranking
#1 Growth +61
#2 Profitability +35
#3 Stability +22
#4 Valuation +12
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AM and KMI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AMKMI Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AM and KMI each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AM Elevated · above norm 0th 50th 100th 4 pct gap KMI Elevated · above norm 0th 50th 100th 95th 99th
AM (95th percentile) and KMI (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Kinder Morgan, Inc. ranks near the top of the group on growth; Antero Midstream Corporation sits in the weaker half.
Profitability
On profitability, Antero Midstream Corporation is positioned higher in the group, while Kinder Morgan, Inc. is closer to the middle.
Growth — Dominant Gap
AM
26
KMI
87
Gap+61in favour of KMI

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Profitability still favours Antero Midstream, with a 26-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

Growth is the clearest driver of the lead, with profitability adding further support — though profitability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the AM vs KMI comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how AM and KMI each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.