The US midstream natural gas sector is poised for growth driven by increasing demand from datacenters, with key players well-positioned to benefit. The sector's market size is substantial, with interstate pipeline revenue reaching $45B. Datacenter power demand is expected to drive gas demand up by 6 Bcf/d by 2028.
The US midstream natural gas sector is characterized by a sizable market, with key players including WMB, KMI, ET, and OKE. These companies have significant market capitalization and varying valuation multiples.
| Company | Market Capitalization | EV/EBITDA | Dividend Yield |
|---|---|---|---|
| WMB | $94B | 12.5x | 3.2% |
| KMI | $62B | 11x | 4.1% |
| ET | $55B | 9x | 6.8% |
| OKE | $48B | 12x | 4.0% |