Consolidated Edison, Inc. vs Kinder Morgan Inc — how do they compare? Consolidated Edison, Inc. trades at $111.95 (market cap $40.65B), while Kinder Morgan Inc trades at $32.52 (market cap $71.64B). The key difference: Kinder Morgan Inc is the larger of the two by market cap, and Kinder Morgan Inc pays the higher dividend (3.65%). Which is the better fit depends on your goals.
| ED | KMI | |
|---|---|---|
Market Cap | $40.65B | $71.64B |
Sector | Utilities | Energy |
52-Week High | $115.46 | $34.31 |
52-Week Low | $95.37 | $25.84 |
Enterprise Value | $67.68B | $103.51B |
Dividend Yield | 3.15% | 3.65% |
Trailing returns across standard periods
Latest headlines on both assets
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and over 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Read more on KMI →