according to guidance, there will be zero distribution growth through Q4 2014. At least 5 quarters of no increase. I suspect it has further to fall if it is transitioning from a high growth to zero growth MLP.
Trying to help you...going around insulting people is not the way to get answers to your questions. Now this is another board where everyone will have you on ignore. You'll need to try again somewhere else.
Yes, the supply is high enough without more fed f@rted fuel.
I doubt kmp feels the full rip of the tapper (treeper). Even if we're flat, a 5% hike on 6.75% dividend is still a good income building year.
Don't think I don't monitor your every move, you blathering idiot. You just attack and attack, and provide no value (that's why you won't ignore, you have to see what's being said about you!). I don't need alternate logins, that's your trick. Go ahead, show us your intelligence again.
I just made the bid. I'm already in kmp but I figure I'm probably not grabbing the next 52 week low. This bid will NOT expire after the ex-date so,,, if you can wait I l would. Maybe we'll get a Christmas pop??? You should have listened to me last week though, Christmas shopping Granny. Good luck.
$35.46 here. Been a good long term income play over time, so a little setback in share price is not a huge deal at this point for my purposes.
Good luck to those that bought.
I picked up $80 shares and January Calls today Because someone at the FED farted and someone else thought he said T-A-P-E-R:)
$5.58 a disappointment? Its the kind of bad news I like to buy. With peak oil behind us, & pipeline depreciation expenses, anything higher would be irresponsible. The market is propped up so we're (re-investors) probably looking at over 7% in 014. We can't lose. A stronger $ means a stronger $5.58.
Taper tantrum bombs away,
Go ahead fed, make my day.
Your doing fine with $80. Its right before Christmas, its going to drop for the taper trim, peak oil is behind us. Its an honest deal gone right. I hope I do as well as you, good luck.
I'll be looking again @$77.65. but don't expect me to sell under $100.
FWIW. CS maintained its Outperform rating on KMP and KMI, but it dropped its target prices. The 12 month target for KMP is now $ 90, down from $ 97, and KMI’s target price is $ 40, down from $ 45. CS drops its longer term growth rate for KMP from 7% to 2.5% based on the updated distribution guidance. I understand the drop in growth and price projections – KMP is always on the edge of covering its distribution, so any slowdown in growth hits the distribution and the price quickly. I don’t understand their keeping the Outperform rating, though. Since CS is probably no different from the other analysts, I would expect trading today to be ugly.
If he can't afford a full share he can always go to Sharebuilder. a split is like the value of the $100 bill does not change if it is exchanged for two $50s.