Kinder Morgan Inc.

KMI-N

NYSE:KMI

15.97
0.09 (0.54%)
Kinder Morgan, Inc. is the largest energy infrastructure company in North America. The company specializes in owning and controlling oil and gas pipelines and terminals.
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Analysis and Opinions about KMI-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
August 22, 2016

Largest pipeline operator in the US. He likes it in general. He is worried that they are only interested in growing the size of the company. He prefers others.

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Largest pipeline operator in the US. He likes it in general. He is worried that they are only interested in growing the size of the company. He prefers others.

COMMENT
COMMENT
August 15, 2016

It is one of the sectors that rallied on the safety trade. It has already had its run. KMI-N would be a turnaround story rather than a pipeline play.

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It is one of the sectors that rallied on the safety trade. It has already had its run. KMI-N would be a turnaround story rather than a pipeline play.

COMMENT
COMMENT
August 2, 2016

The company is really at an interesting time. They had a lot of spinoffs to finance their pipelines. It was really just a cost of capital arbitrage. They brought all those in, slashed the distribution to what they believe is a sustainable level, cut their backlog and stated that they were not going to borrow to fund projects. That worked when we could get money really cheap, but can’t seem to get as much money now or as cheap. They are actually migrating back to a growth stock.

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The company is really at an interesting time. They had a lot of spinoffs to finance their pipelines. It was really just a cost of capital arbitrage. They brought all those in, slashed the distribution to what they believe is a sustainable level, cut their backlog and stated that they were not going to borrow to fund projects. That worked when we could get money really cheap, but can’t seem to get as much money now or as cheap. They are actually migrating back to a growth stock.

COMMENT
COMMENT
July 26, 2016

The 5-year chart shows an overhead supply from 2012 to 2015. It is just recovering back to the neck line of around $28, and when it reaches that, there are a ton of people that would like to Sell.

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The 5-year chart shows an overhead supply from 2012 to 2015. It is just recovering back to the neck line of around $28, and when it reaches that, there are a ton of people that would like to Sell.

DON'T BUY
DON'T BUY
July 25, 2016

He would play a gas producer for a gas bounce back (ARX-T). KMI-N is a pipeline company mostly and they had financial issues, which scares him. It is a turnaround story.

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He would play a gas producer for a gas bounce back (ARX-T). KMI-N is a pipeline company mostly and they had financial issues, which scares him. It is a turnaround story.

COMMENT
COMMENT
July 18, 2016

Pretty much anything you bought shortly after BREXIT has done really well, including this one. This is now showing some stability and share price appreciation. Although it is well off of its highs, he is not comfortable with its valuations. If you have made some good, short-term money, he would be a seller. On the other hand, if you have lost money, he wouldn’t be in a rush to Sell, because it is still quite a way off from where it was at its highs. Doesn’t like this one long-term.

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Pretty much anything you bought shortly after BREXIT has done really well, including this one. This is now showing some stability and share price appreciation. Although it is well off of its highs, he is not comfortable with its valuations. If you have made some good, short-term money, he would be a seller. On the other hand, if you have lost money, he wouldn’t be in a rush to Sell, because it is still quite a way off from where it was at its highs. Doesn’t like this one long-term.

SELL
SELL

(Market Call Minute.)

COMMENT
COMMENT
June 17, 2016

A pipeline/utility type stock. A long-term investment, not a trading stock. You buy this for income, and hopefully some capital gain. He doesn’t understand why you would buy a US company like this, when you can buy a Canadian company like Enbridge (ENB-T) or TransCanada Pipe (TRP-T) and get a better tax treatment on dividends.

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A pipeline/utility type stock. A long-term investment, not a trading stock. You buy this for income, and hopefully some capital gain. He doesn’t understand why you would buy a US company like this, when you can buy a Canadian company like Enbridge (ENB-T) or TransCanada Pipe (TRP-T) and get a better tax treatment on dividends.

TOP PICK
TOP PICK
June 16, 2016

The largest distributor of natural gas in North America. It got hammered because everybody thought it was going to be cut to junk. They cut the dividend, but their higher yields are trading at or higher than they were back in the middle of last year. So there is no stress on their high yields. If they go back to the market and finance their expansion with debt, maybe that dividend comes back. Feels natural gas is going to have a nice rally. Dividend yield of 2.88%.

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The largest distributor of natural gas in North America. It got hammered because everybody thought it was going to be cut to junk. They cut the dividend, but their higher yields are trading at or higher than they were back in the middle of last year. So there is no stress on their high yields. If they go back to the market and finance their expansion with debt, maybe that dividend comes back. Feels natural gas is going to have a nice rally. Dividend yield of 2.88%.

DON'T BUY
DON'T BUY
May 11, 2016

There are 2 cautionary notes on this. 1.) They have offered a partnership. Canadian investors who buy US partnerships are subject to a 35% tax on the dividend. However, they now offer a share class that is not a partnership. 2.) Richard Kinder is the CEO. He was the president of Enron. Has grand ambitions, and is more interested in making the company big rather than making shareholders rich.

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There are 2 cautionary notes on this. 1.) They have offered a partnership. Canadian investors who buy US partnerships are subject to a 35% tax on the dividend. However, they now offer a share class that is not a partnership. 2.) Richard Kinder is the CEO. He was the president of Enron. Has grand ambitions, and is more interested in making the company big rather than making shareholders rich.

DON'T BUY
DON'T BUY
May 2, 2016

Prefers EMB-T, better balance sheet, management and quality of assets. Keep in mind these are all big dividend payers. They have debt and so if interest rates go up, it will hurt them.

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Prefers EMB-T, better balance sheet, management and quality of assets. Keep in mind these are all big dividend payers. They have debt and so if interest rates go up, it will hurt them.

DON'T BUY
DON'T BUY
April 14, 2016

Model price is $15.73. He said in 2015 the stock was wildly overvalued and it crashed. He thinks it is still 15% over valued since they slashed the dividend. He thinks it has to re-test EBV -2 and we may see that in the fall sometime. He would not be tempted.

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Model price is $15.73. He said in 2015 the stock was wildly overvalued and it crashed. He thinks it is still 15% over valued since they slashed the dividend. He thinks it has to re-test EBV -2 and we may see that in the fall sometime. He would not be tempted.

HOLD
HOLD
February 18, 2016

As the price of oil declined, the likelihood of volume growth waned. He thinks there is a short term tactical bounce, however. If you had to own something in energy, he would go for an integrated or an infrastructure company. You could hold this one, however. You should not buy it with the old expectations of dividend growth. You will probably do okay.

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Kinder Morgan Inc. (KMI-N)
February 18, 2016

As the price of oil declined, the likelihood of volume growth waned. He thinks there is a short term tactical bounce, however. If you had to own something in energy, he would go for an integrated or an infrastructure company. You could hold this one, however. You should not buy it with the old expectations of dividend growth. You will probably do okay.

DON'T BUY
DON'T BUY
December 30, 2015

Had been highly leveraged, and sometimes leverage does not work your way. Hurts your earnings and dividends. You buy a pipeline utility stock for the stability of earnings and the stability of dividends. He would stick with buying Canadian pipelines and utility companies.

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Kinder Morgan Inc. (KMI-N)
December 30, 2015

Had been highly leveraged, and sometimes leverage does not work your way. Hurts your earnings and dividends. You buy a pipeline utility stock for the stability of earnings and the stability of dividends. He would stick with buying Canadian pipelines and utility companies.

DON'T BUY
DON'T BUY
December 7, 2015

It is in a distinct downward trend and has not shown signs of bottoming. It is below its 20 day moving average. Seasonally it is normally strong late January to April.

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Kinder Morgan Inc. (KMI-N)
December 7, 2015

It is in a distinct downward trend and has not shown signs of bottoming. It is below its 20 day moving average. Seasonally it is normally strong late January to April.

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