Kinder Morgan (KMI) , North America's leading midstream energy company, boasts a stable business model, largely driven by take-or-pay contracts. Unlike upstream and downstream players, KMI's operations are minimally impacted by commodity price volatility, making it an appealing option for risk-averse investors.The critical question now facing investors is how to position themselves regarding the stock. Before addressing this, let's review some fundamental aspects of the large energy infrastructure firm.Take ...