Energy Investors Are Overlooking Kinder Morgan's Huge Growth Opportunity

Last month, Kinder Morgan (NYSE: KMI)announced the news that it was selling its largest growth project to the Canadian government. While the company received fair companionfor the Trans Mountain Pipelineand its controversial expansion project, the deal slashed its expansion project backlog in half, leaving some disappointed investors wondering where the company might get its next growth boost.

One source they seem to have overlooked is the Permian Basin, which will require billions of dollars worth of new infrastructure in the coming years to meet the extraction industry's needs.