| 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 |
| | KMI- a fallen high dividend yielder - for how long? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
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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 |
| | KMI- a fallen high dividend yielder - for how long? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
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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. |
| | KMI- a fallen high dividend yielder - for how long? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
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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 |
| | KMI- a fallen high dividend yielder - for how long? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| To: miraje who wrote (265) | 9/14/2024 1:01:38 PM | | From: robert b furman | | | | Hi Miraje,
With AI and global LNG exports KMI with the largest NG system in the US which moves 40% of our USA consumption is in a very good spot.
My suspicion is, he along with many others is PO'd about the dividend reduction, now many years ago.
Demand is growing and will accelerate on multiple fronts.
I think his adding of storage has been brilliant. Just in time for NG price to go negative and he can add reserves while getting paid to take it.
Somewhere in the scheme of things, not only will his revenue go up, right along with margins also rising.
I also like the return of capital they have done for years. It allows me to "add to" even as the price has climbed. With the dividend yield based on a declining cost and there expansions being funded internally, this is more than a great investment.
I'm of the opinion this stock is safe as any utility out there, and with a much higher potential to above utility norms of growth.
For all I care, it can take a drop like discussed, and I'll buy the dip very aggressively again.
When KMI dropped from low 20's in June of 2022 I thought it was beyond my adding to more as it dropped to hit 16's. The way it traded sideways from the 16's to the 18's for two years allowed me to sell puts and accumulate more shares without any risk, as the dividend increased (albeit slowly) all the way.
I now do not add any KMI by selling puts as the preice has gone up too much for a 7% yield to be generated.
If you take their steadily increasing dividend (half of which is ROC) add to that put premiums on the 16,15,14 and13 when sold out 6 to 9 months it builds cash very quickly.
I actually miss the steady cash revenue from put sales collateralized by cash. I would sell 4 16's, 8 15's 10 14's or 13's and hope like heck any or all of them would be assigned. That and a nice quarterly dividend made it easy to project my cash stream and lever that by bumping up the numbers in contracts during dips.
It wasn't uncommon to have 90 to100 contracts expiring every quarter for a year out.
If KMI gets a dip, I know how I'll play the game. Sell puts out 9 to 12 months, double down on lower strike prices on dips, and have the cash hoping to get a 7.5 to 7.75 dividend yield assigned to my trading account.
I repeat, I think he just PO'd or possibly short.
AI has assured global volume growth with LNG and now demand growth of AI generating the need for pipelines straight to the data base centers. An all new revenue stream!
JMHO
Bob
Please excuse the delayed response. I'm in the middle of remodeling my Wisconsin home and harvesting my 8 gardens - busy time! |
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