To: robert b furman who wrote (260) | 6/4/2024 6:41:32 PM | From: E_K_S | | | Wells Fargo Upgrades Kinder Morgan to Overweight From Equal weight, Adjusts Price Target to $22 From $185:17 AM ET, 06/04/2024 - MT Newswires
05:17 AM EDT, 06/04/2024 (MT Newswires) -- Kinder Morgan (KMI) has an average rating of hold and price targets ranging from $18 to $22, according to analysts polled by Capital IQ.
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Should see more upgrades for the pipeline companies; WMB hit a five year high today at $41.32 (close) |
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From: E_K_S | 7/2/2024 7:06:30 PM | | | | Goldman Sachs Raises Price Target on Kinder Morgan to $22 From $21, Maintains Buy Rating7:36 AM ET, 07/02/2024 - MT Newswires 07:36 AM EDT, 07/02/2024 (MT Newswires) -- Kinder Morgan (KMI) has an average rating of hold and price targets ranging from $19 to $24, according to analysts polled by Capital IQ.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: mtnewswires.com |
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To: E_K_S who wrote (263) | 7/3/2024 12:31:18 PM | From: robert b furman | | | Nice to see a 2 handle on KMI - been a while - last 20.00 trade was on 6/06/22. Almost 2 years ago.
I bought the heck out of this stock during that decline!
Very pleasant to get 7% plus yield on a dividend and be up 5 points in appreciation.
Those who still remember being kindered have been blind for far too long.
Your package got mailed today. I'll send tracking info when Jan returns.
Bob |
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From: E_K_S | 7/17/2024 8:19:14 PM | | | | Kinder Morgan ( KMI, Financial) reported a Q2 GAAP EPS of $0.26, beating estimates by $0.01. However, revenue of $3.57B missed expectations by $520M. The company approved a cash dividend of $0.2875 per share and projected a 15% increase in net income for 2024, including contributions from acquired assets. |
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To: E_K_S who wrote (266) | 7/18/2024 7:38:54 AM | From: robert b furman | | | Hi E_K_S,
A 520 million miss is pretty big.
Makes me wonder what the analysts are thinking.
No doubt the very low price of natural gas has its impact.
That being said, it appears that the storage of free gas when the price goes to negative, sets up KMI to increase margins when and if it reoccurs.
No doubt new acquisitions have large legal and organizational expenses. I tyhink it is encouraging to see the bottom line not take a hit.
No doubt that Freeport LNG shutting down and being slow to start back up is a revenue killer for KMI.
Kinder must be seeing the data center owners talking to him about the always reliable natural gas providing the needed large demand for electricity associated with AI computing.
Add exports to Mexico and LNG to the world and KMI is a reliable dividend grower .
In the long run with modestly higher margins with a reduced debt load by 2025 (which is getting very close now) makes this stock a long term hold as it begins buying back shares. It looks to be a very good plan that will keep KMI in the 2 handle range.
I look forward to the dividend FINALLY getting to that elusive $1.25!
Bob |
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From: E_K_S | 9/13/2024 8:35:53 AM | | | | Tudor Pickering Holt Adjusts Kinder Morgan Price Target to $23 From $229:06 AM ET, 09/12/2024 - MT Newswires
09:06 AM EDT, 09/12/2024 (MT Newswires) -- Kinder Morgan (KMI) has an average rating of outperform and price targets ranging from $19 to $25, according to analysts polled by Capital IQ.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: mtnewswires.com |
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