KMI vs LNG: Correlation
Measured on weekly returns over the past three years, Kinder Morgan (KMI) and Cheniere Energy, Inc. (LNG) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KMI and LNG?
On 3 years of weekly data the KMI/LNG correlation comes out at 0.63, strong. Lately the two have drifted apart, with the 1-year correlation at 0.50 versus 0.63 over 3 years. The 5-year figure is 0.65, and annualized covariance runs at 395.4 %².
By 3-year correlation, LNG places #12 of the 33 assets tracked against KMI. Neither side won the trailing year by much: +22.3% against +17.4%.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
KMI vs LNG: side by side
| KMI (Kinder Morgan) | LNG (Cheniere Energy, Inc.) | |
|---|---|---|
| 1-year return | +22.3% | +17.4% |
| 5-year return | +153.0% | +231.8% |
| Volatility (ann.) | 22.1% | 28.3% |
| Beta vs S&P 500 | 0.29 | 0.13 |
| Max drawdown (3Y) | -18.4% | -24.9% |
| Market cap | $70.2B | $58.0B |
| P/E (trailing) | 20.6 | 21.5 |
| Dividend yield | 3.69% | 0.78% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | KMI | LNG |
|---|---|---|
| 2022 | +21.2% | +49.3% |
| 2023 | +4.1% | +15.0% |
| 2024 | +64.4% | +27.2% |
| 2025 | +4.8% | -8.7% |
| 2026 | +18.0% | +45.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KMI and LNG good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between KMI and LNG?
The KMI/LNG correlation stands at 0.63 on a 3-year window (1 year: 0.50, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is LNG a good diversifier for KMI?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
A reading of 0.63 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kmi-vs-lng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kmi-vs-lng/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KMI correlations · LNG correlations
