SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology StocksKMI- a fallen high dividend yielder - for how long?


Previous 10 
To: miraje who wrote (130)4/21/2021 9:00:23 PM
From: robert b furman
   of 138
 
Hi miraje,

The revenue from the new pipeline from the Permian couldn't have hurt either.

ir.kindermorgan.com

A great report! this should get us back in the 20's!

Bob

Share RecommendKeepReplyMark as Last Read


From: E_K_S7/22/2021 1:14:30 PM
1 Recommendation   of 138
 
Kinder Morgan Delivers Steady Second-Quarter Earnings



-----------------------------------

Started to add to my already large position.

I believe KMI also announced an increase in their dividend.

Solid results keep the dividend on rock-solid ground
Kinder Morgan delivered a typical quarter of stable earnings and cash flow. Because of that, the company remains on track to achieve its full-year forecast, which will see it produce enough cash to cover its 6%-yielding dividend and expansion program, with money left over.


Share RecommendKeepReplyMark as Last Read


From: miraje10/21/2021 11:01:37 AM
2 Recommendations   of 138
 
KMI down 5%. A bit overdone, perhaps? I'll just continue to hold and collect the nice dividends..

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: miraje who wrote (133)10/22/2021 11:05:51 AM
From: robert b furman
1 Recommendation   of 138
 
Hi Miraje,

Me too.

I had actually bot to cover my November 16 puts for 5 cents as thaey had a 31 day life.

When KMI opened down I watched the RSI go very negative on the hourly and resold my November 16's for 10 cents and then sold some November 17.50's for 64 cents.

I also bought some shares @ $17.40.

Like you I thought the decline was very over done.

So far it is working.

Since Kinder reduced the desired 2021 dividend from $1.25 to $1.08. I'm hopeful we'll get there in the Q1 2022 Q 1 webcast, (effective Q2 02022). I think Kinder is conservative and wants to aim the free cash flow to debt reduction and hit that often target of debt to equity of 4.0. After that is reached, we'll aim some of that cash flow to dividend increases and possibly some stock repurchases.

As you point out, in between I'll continue to enjoy the generous dividend and supplement that with put sales. I have been selling puts going out 90 to 120 days all this year (been targeting the 16's anywhere from 90 cents to 65 cents). I've currently sold puts out into December and have a slug of 13's due in January 2022.

Hoping for a dividend increase and a stock price closer to $20.00, as the pandemic no longer threatens the demand for fossil fuels of al sorts. I think we're close.

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (134)12/1/2021 9:03:32 AM
From: robert b furman
1 Recommendation   of 138
 
Hello to all on thread,

KMI is once again getting close to that &% plus yield zone.

Yesterday's close at $15.46 gives a yield at 1.08/15.46 = 6.985%

Kmi is creating excellent free cash flow and has internal funding to complete it backlog.

That backlog is alive and well as much of KMI's system is in Texas.

The following is an excellent recap on why Texas with its many shale deposits along with export capabilities to Mexico and intrastate to where the transition from coal to natural gas is a strong on going mega trend.

Most planned U.S. natural gas-fired plants are near Appalachia and in Florida and Texas

Source: U.S. Energy Information Administration, Monthly Electric Generator Inventory
Between 2022 and 2025, 27.3 gigawatts (GW) of new natural gas-fired capacity is scheduled to come online in the United States, according to our latest Monthly Electric Generator Inventory. This added capacity would increase current capacity (489.1 GW as of August 2021) by 6%. Many of the planned natural gas-fired capacity additions are located close to major shale plays in the Appalachia region and Texas and in Florida.

The Appalachia region’s Marcellus and Utica shale plays stretch across Ohio, Pennsylvania, and West Virginia. These shale plays have led the growth in U.S. natural gas production over the past several years, accounting for 34% of U.S. dry natural gas production in the first half of 2021.

Illinois, Michigan, Ohio, and Pennsylvania—states with pipeline access to natural gas from the Marcellus and Utica shale plays—account for a combined 43% of the natural gas-fired capacity planned to come online between 2022 and 2025. Among these four states, Illinois has the most natural gas-fired capacity additions (3.8 GW), followed by Michigan (3.2 GW), Ohio (2.9 GW), and Pennsylvania (1.9 GW). Natural gas transport infrastructure continues to be added to this region to increase pipeline takeaway capacity and to bring natural gas to demand markets in the Midwest, Northeast, Southeast, and Canada.

After Illinois, Florida has the second-most natural gas-fired capacity additions planned to come online between 2022 and 2025 (3.2 GW). Although Florida does not produce significant amounts of natural gas, its regional pipeline networks have been continually expanding to serve natural gas-fired generation units as older coal- and oil-fired units retire. Five new natural gas-fired plants plan to start commercial operations in Florida between 2022 and 2025: three plants are currently under construction, and two plants are not yet under construction but are scheduled to be completed by 2024.

More natural gas is produced in Texas than any other state. Most of its natural gas production comes from the Haynesville and Eagle Ford formations and multiple shale formations in the Permian Basin. As of August, 70.7 GW of natural gas-fired capacity is currently operating in Texas, and another 2.8 GW of capacity additions is planned to come online between 2022 and 2025. Growth in natural gas production in Texas has encouraged natural gas-fired capacity additions and regional pipeline expansions to accommodate growing natural gas exports to Mexico, as well as record-high liquefied natural gas (LNG) exports from terminals in South Texas and in Louisiana.

https://www.eia.gov/todayinenergy/detail.php?id=50436

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (135)12/1/2021 9:15:48 AM
From: candsrr
   of 138
 
Hello to all on thread

Back at you, Bob.

Thanks for the heads-up.

I added a little at 15.50 yesterday.

I'm looking for good things from this one and XOM.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: candsrr who wrote (136)12/1/2021 9:29:05 AM
From: robert b furman
1 Recommendation   of 138
 
Hi candsrr,

Yup, I have sold a lot of puts on KMI out into December thru June.

15.00's are too low if/when KMI boost the dividend this next year.

Selling June puts gets the stock (if assigned) into the yield of 7.25% to 7.5%.

That yield on a company that has throttled its debt to industry norms and has known revenue growth leaning to its services.

A must have retirement stock.

Speaking of XOM, David Faber of CNBC just interviewed Darren Woods CEO of XOM. Very confident of their future including carbon capture and sequestration.

Good to see another poster over here!

Bob

Share RecommendKeepReplyMark as Last Read


From: E_K_S12/2/2021 8:52:10 AM
   of 138
 
Palantir and Kinder Morgan Sign Multi-Year Agreement to Strengthen Pipeline Operations

Using AI to monitor pipeline operations

Share RecommendKeepReplyMark as Last Read
Previous 10