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Technology Stocks : KMI- a fallen high dividend yielder - for how long? -- Ignore unavailable to you. Want to Upgrade?


To: alanrs who wrote (28)8/21/2017 1:51:12 PM
From: robert b furman  Read Replies (1) | Respond to of 160
 
I held all of my KMI.
Perhaps it is because I have lived in Houston since 1981 and know people who have done pipeline work for KMI.

They are in the sweet spot of fracking in Eagle Ford and Permian.
The Permian has the lowest cost oil and is basically the growth of oil fracking in the US.
Their CO2 business was basically dead in 2016 and the
Permian is now reusing CO2. Exxon just spent 1/2 billion buying permian properties. This business will begin to be accredive and go for a long time.
They are well positioned to export to Mexico (the largest player).
They are the pipeline that transports LNG to Chnierre and their export terminal - which is now exporting .

I've read articles that talk about cmpanies that suspend their dividend become fast dividend growth companies after they've shored up their buisness.
Natural gas is certainlt a big growth market and KMI has reduced their debt burden fairly quickly.

I'd like to get a bunch of it and watch the dividend stream come on over the next 5 years.

I bet it will put a smile on my face for the rest of my retirement.

Bob