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Kinder Morgan Inc.KMISELLNov 17, 2015Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
He sold all of his direct energy exposure Jan 31. He thinks there is a $55 to $60 for WTI going forward. He has a negative view of this sector going forward. Pipelines and mid-streamers is the place to be and there is a good story behind the return of capital, but it is simply a tough story. He would stay away from it.
Would much rather see you holding something that was going sky high and crystallizing a gain, but in this case it is the right time to crystallize the loss to offset some gains you would have in your portfolio. He doesn’t feel good about the oil/gas space right now.