Yahoo finance summary has the P/E at 356.
Hard to be believe.
Nice 5% dividen.
2012 could potentially short squeeze some energy stocks this year. These stocks are in high demand, but investors may not get the stocks they want! Which stocks are they? Stock Croc begins the research process for you.
Kinder Morgan currently trades above the 200 day moving average of $28.07 (which is bullish). These moves follow a steady upward pattern since the stock reached support levels of $23.51 in late August. The total number of shares sold short is 24.62 million or 11.50% of the float. The earnings since the firm began publicly trading in March were better than expected, going from $.12 to $.21. These different figures make the stock a good possible short.
http://seekingalpha.com/article/341691-5-stocks-that-could-get-short-squeezed-this-year
That is right. I really don't know why everyone is falling for this. In most cases all the money they pay in distrubtions are your own money. Wait until you sell stock all the money you have gotten is your own money.The price you paid will be way down because they have given you your money back to you in distrubtion. There is no free lunch you know.
Good luck
THE GOOD CHICKEN
Of course it is right. Don't you folks look at financial statements? For the 9 mos ended 9/30/11 there was a net loss of 88mm for the limited partners. The general partner took more than the net income, leaving the limited partners (that's you) with less than nothing. Of course you get paid distributions since they can sell units to the next suckers to pay you! This scheme only works as long as da boyz on wall street are making lots of money with stock and bond issue commissions and there are new suckers to sell the units to. ajmho
You said it right, you are 100% correct.
THE GOOD CHICKEN
bob, that can't be right.
No way.
Since they bought EP, maybe forgot to change or mixed up with that.
Yes, great dividend. ok so far.
MLP's earnings are not counted, since 90% are paid out as dividends. They borrow "cheap" money for future investments. PE has very little, if any, meaning.
It isn't right!!