Kinder Morgan's (KMI) Q2 results are likely to benefit from tailwinds across its businesses and the closing of the Monument Pipeline acquisition, helping EBITDA exceed Wall Street expectations and company guidance, UBS Securities said.

The investment firm said in a Friday research report that it expects Q2 EBITDA of about $2.09 billion, above Wall Street expectations of $2.07 billion and the company's prior guidance of $2.01 billion.

The Monument Pipeline acquisition, which closed in May, is expected to contribute about $9 million to Q2 EBITDA and roughly $13 million on a full-quarter basis, according to the note.

UBS said investors are likely to focus on updates related to data center opportunities, growth projects and the Monument Pipeline integration during the earnings call. It noted management has been working with hyperscalers on gas-for-power solutions but does not intend to enter the power-generation business.

The firm has a buy rating on the company's stock with a price target of $43 per share.

Shares of Kinder Morgan were down 1.6% in Monday trading.

Price: 31.41, Change: -0.53, Percent Change: -1.66