A global infrastructure giant, or one of North America's biggest oil and gas logistics providers?
As one of the largest U.S. midstream oil and gas companies, Kinder Morgan (NYSE: KMI) continues to plant the seeds that will grow its business of transporting and storing natural gas, oil, and other valuable products. Its current business is focused in North America, but Kinder Morgan has plenty of projects in the works to expand its international reach. Let's determine the health of Kinder Morgan in the short term to better gauge the feasibility of its 10-year goals.
Guru releases 1st-quarter portfolio Continue reading...
Kinder Morgan (KMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Crashing crude oil prices have weighed on most energy stocks, including pipeline companies that are relatively immune to fluctuations in volumes and pricing. Because of that, many sell for dirt-cheap prices these days. Three that stand out are Kinder Morgan (NYSE: KMI), Williams Companies (NYSE: WMB), and ONEOK (NYSE: OKE).
Kinder Morgan (KMI) has a stable business model and is not significantly exposed to volatility in oil and gas prices much.
Kinder Morgan (KMI) closed at $15.97 in the latest trading session, marking a +1.08% move from the prior day.
With investors fleeing risk as the pandemic spreads and interest rates plummet, you'd think that investors in stocks that pay a dependable stream of dividends would be relatively happy right now. Dividend stocks have actually underperformed growth stocks this year. The Vanguard Growth ETF is down 1.3% for the year, but the Vanguard Dividend Appreciation ETF is down 8.5% and the Vanguard High Dividend Yield ETF is off a whopping 16.3% since we ushered in the new decade.
A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and threatened other oil and natural gas pipeline projects with delays. Chief U.S. District Judge Brian Morris denied a request by the U.S. Army Corps of Engineers to narrow his April 15 ruling that canceled the so-called Nationwide Permit 12. The permit allows dredging work on pipelines across water bodies.
Israel-based SolarEdge (NASDAQ: SEDG) is the gift that keeps on giving. Although SolarEdge languished for a few years, the stock has been on a meteoric rise since about March 2019. It's perfectly understandable to be hesitant to buy SolarEdge after its recent rise, but at the very least you should consider adding the company to your watch list.
Pipeline giants Kinder Morgan (NYSE: KMI) and ONEOK (NYSE: OKE) have been pummeled this year due to all the turbulence in the oil market. Kinder Morgan's stock has tumbled more than 25%, while shares of ONEOK plunged more than 50%.
Kinder Morgan (KMI) closed the most recent trading day at $15.36, moving -1.85% from the previous trading session.
The largest Insider Buys this week were for Mondelez International Inc., Southern Co., Illinois Tool Works Inc. and Kinder Morgan Inc. Continue reading...
Today we'll evaluate Kinder Morgan, Inc. (NYSE:KMI) to determine whether it could have potential as an investment...
U.S. liquefied natural gas exports are down by more than a third since governments started imposing lockdowns to stop the spread of the coronavirus. Worldwide gas prices have plunged as lockdowns squeezed energy demand even as strong renewables output boosted supply. Gas prices are more expensive now in the United States than in Europe for the first time in a decade.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Solid balance sheets, operations in critical industries, and rising dividends. What's not to love?
Oil prices have fallen through the floor this year, briefly crashing into negative territory. While crude has bounced back a bit from its bottom, at around $20 a barrel it's not profitable for most producers these days, and many more oil companies could plunge into bankruptcy over the coming months. Topping the list of buy-worthy pipeline companies are TC Energy (NYSE: TRP), Enbridge (NYSE: ENB), and Kinder Morgan (NYSE: KMI).
Many dividend stocks have either cut or stopped their payouts entirely as a result of the coronavirus pandemic. Hardly any businesses are actually increasing them -- after all, raising dividend payments is a big move to make at a time when no one really knows what's in store for the economy and many companies are throwing out their forecasts for the year. Johnson & Johnson (NYSE: JNJ) is a Dividend King, and it would take a lot for to interrupt its impressive streak of dividend increases.
David Abrams made several portfolio changes during the first quarter of 2020 Continue reading...