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Kinder Morgan Inc Add to portfolio

INX:KMI, Jan 22, 04:40 UTC

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Friday, January 17


News

Is a Beat Likely for Kinder Morgan (KMI) in Q4 Earnings?

KMI

Kinder Morgan, Inc. KMI is scheduled to report fourth-quarter 2019 earnings on Jan 22. The energy infrastructure company’s earnings missed the Zacks Consensus Estimate only once and met the same thrice in the trailing four quarters, with the average negative surprise being 1.1%. The consensus estimate for fourth-quarter revenues of $3.7 billion indicates a 1.5% decline from the year-ago reported figure. What the Quantitative Model Suggests. This is because it has the right combination of a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).

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  • Business
  • Financial

Tuesday, January 14


News

Better Buy: Brookfield Infrastructure Partners vs. Kinder Morgan

KMI

Brookfield's unit price zoomed 44.8% last year, while shares of Kinder Morgan jumped 37.7%, both of which outperformed the S&P 500's 28.9% gain in 2019. Add in their high-yielding dividends, and the total returns were even more impressive at 51.4% for Brookfield and 44.4% for Kinder Morgan versus 31.5% for the S&P 500. Meanwhile, both generate predictable cash flow backed by stable sources like long-term contracts and have conservative dividend payout ratios, with Brookfield currently below its long-term target range of 60% to 70% of its cash flow. As such, both companies have the kind of financial solidity that dividend investors would want to see in a potential investment. A quick peek at their valuations. Because their equity values surged last year, Kinder Morgan and Brookfield Infrastructure aren't as cheap as they were at the beginning of 2019.

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nasdaq.com fool.com
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  • Financial
News

The Zacks Analyst Blog Highlights: UnitedHealth, CVS Health, Morgan Stanley, Charles Schwab and Uber Technologies

KMI UBR +6 more KMI UBR DAL UNH MS CSX CVS SCHW

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: UnitedHealth Group UNH, CVS Health CVS, Morgan Stanley MS, Charles Schwab SCHW and Uber Technologies UBER. The Zacks analyst believes that UnitedHealth Group stands apart in the industry by virtue of healthcare services, technology and innovations offered by its unit, Optum. Shares of CVS have gained +14.5% in the past three months against the Zacks Retail Pharmacies and Drug Stores industry's rise of +10.1%.

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  • Financial

Friday, January 10


News

Kinder Morgan Sells Pembina Shares to Reduce Debt Burden

KMI

Kinder Morgan, Inc. KMI recently announced that it has sold all Pembina Pipeline Corporation PBA shares that were received by the company following the divestment of a stake in Kinder Morgan Canada Limited. For the sale of a 70% interest in the Canadian unit, Kinder Morgan got 25 million shares of Pembina. Total debt-to-capitalization ratio was 50.6%, signifying that its balance sheet is more levered than the industry it belongs to. Currently, Kinder Morgan has a Zacks Rank #3 (Hold). Some better-ranked stocks in the energy sector include CNX Resources Corporation CNX and Antero Midstream AM, each carrying a Zacks Rank #2 (Buy). (CNX) : Free Stock Analysis Report Pembina Pipeline Corp. (PBA) : Free Stock Analysis Report Kinder Morgan, Inc. (KMI) : Free Stock Analysis Report To read this article on Zacks.com click here.

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News

3 Big Stock Charts for Friday: Square, American Airlines, and Kinder Morgan

KMI AAL

3 Big Stock Charts for Friday: Square, American Airlines, and Kinder Morgan | NASDAQ. Tensions in the Middle East have eased and U.S. stocks — again — have reached new highs. The one big concern with the first of Friday’s big stock charts is that we have been here before:. But there are concerns. The airline industry in the U.S. has stopped its destructive pattern of pricing wars. Yet AAL stock remains one of the market’s cheapest stocks, and the second of Friday’s big stock charts doesn’t yet look bullish:.

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Thursday, January 09


News

Kinder Morgan sells Pembina shares for $764 mln

TRI KMI

Jan 9 (Reuters) - Pipeline operator Kinder Morgan Inc KMI.N said on Thursday it sold the 25 million shares in Canada's Pembina Pipeline Corp PPL.TO that it received when Pembina bought Kinder Morgan Canada for $764 million. Kinder Morgan said it will use the proceeds to cut its debt. Canada's Pembina Pipeline had agreed to buy Kinder Morgan Canada and the U.S. portion of the Cochin pipeline for C$4.35 billion ($3.28 billion) in August. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day.

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Friday, January 03


News

Kinder Morgan Is Still Trying to Rebuild Trust

KMI

On Oct. 21, 2015, Kinder Morgan reported third-quarter earnings and announced that it planned to increase its dividend by as much as 10% in 2016. The main reason for the dividend cut was that Kinder Morgan needed to find cash to fund its capital investment program. The company used 2016 and 2017 to turn things around, shoring up its balance sheet while still investing for the future. And in 2018, Kinder Morgan increased its dividend by a huge 60%. That suggests that it can easily support more dividend growth in the future. So far so good, but there are some additional factors to consider. For starters, even after increasing the dividend by 150%, the annual run rate in 2020 will still be nearly 40% below the dividend run rate prior to the 2016 dividend cut.

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nasdaq.com fool.com
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Thursday, December 26


News

How Did Kinder Morgan Inc (KMI) Perform In Comparison to Hedge Fund Favorites in 2019?

KMI

December 26, 2019, 4:11 PM UTC. While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 40,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding Kinder Morgan Inc (NYSE:KMI) and see how the stock performed in comparison to hedge funds' consensus picks. Our calculations also showed that KMI isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video at the end of this article for Q2 rankings). Claar Advisors is also relatively very bullish on the stock, earmarking 7.21 percent of its 13F equity portfolio to KMI. Because Kinder Morgan Inc (NYSE:KMI) has experienced bearish sentiment from hedge fund managers, it's safe to say that there were a few fund managers that elected to cut their full holdings in the third quarter.

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Friday, December 20


News

Better Buy: Kinder Morgan vs. NextEra Energy Partners

KMI

Better Buy: Kinder Morgan vs. NextEra Energy Partners | NASDAQ. If all you care about is a stock's dividend yield, then Kinder Morgan(NYSE: KMI) and its 5% yield is the easy winner over NextEra Energy Partners(NYSE: NEP) and its 3.9% yield. But you can't stop there if you want to make a good investment decision. The often volatile prices of oil and natural gas aren't a major factor, providing a fairly stable stream of cash to support the company's dividend. As long as the world needs these carbon fuels, Kinder Morgan's business should hold up fairly well. Owning crucial physical assets and charging fees for the use of those assets make for a reliable business, but both Kinder Morgan and NextEra Energy Partners need to invest to grow. The downside to this is that NextEra Energy Partners is likely to sell units and take on debt to buy these renewable power assets (Kinder Morgan has been attempting to internally fund as much of its growth as it can to limit its need to tap the capital markets).

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Story Sources

nasdaq.com fool.com
Topics:
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  • Financial

Thursday, December 19


News

Kinder Morgan Is Entering 2020 in Its Best Shape in Years

KMI

The company has pushed its leverage ratio from a concerning 5.9 times debt-to-EBITDA at the end of 2015 to 4.7 at the end of the third quarter, which was just above its 4.5 times target. Pembina also acquired Kinder Morgan's 70% stake in its former Canadian affiliate, Kinder Morgan Canada, in exchange for 25 million shares of Pembina's stock. The flexibility to do more in 2020. Even after factoring in the lost earnings from Cochin and Kinder Morgan Canada, Kinder Morgan expects to generate about $5.1 billion, or $2.24 per share, in cash next year, up about 3% from 2019's level. To put that borrowing capacity into perspective, Kinder Morgan could accelerate the growth rate of its cash flow per share to 5%-6% for 2020 if it put the entire amount to work right away. While the company does have the option to repurchase a big chunk of its stock so that it could quickly move the needle, it will likely remain patient and wait for the right opportunity to come its way.

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nasdaq.com fool.com
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  • Business
  • Financial