As the United States largest pipeline company and third-largest energy company, Kinder Morgan (NYSE:KMI) can be a difficult company to analyze. As the general partner of Kinder Morgan Partners (NYSE: KMP) and El Paso Pipeline Partners (NYSE: EPB), owning everything from oil producing assets to coal exportation facilities, traditional metrics do not work when analyzing this midstream giant. Today, energy analysts Joel South and Taylor Muckerman take a question from their mailbag and look into the Kinder Morgan family of companies. 

This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.