Kinder Morgan Energy Partners (KMP), part of the Kinder Morgan family of companies, said Monday it entered the business of investing in coal and other mineral resources.
Nothing like picking the cream of the crop!
A former executive at Patriot Coal, Richard Whiting, has joined the Kinder Morgan Energy Partners as president of Kinder Morgan Resources. Patriot Coal filed for bankruptcy last year
I agree that this is a strong buy in fact I just bought more. This company managed so well during the whole down time of 07-11 and is taking advantage of the cheap coal going overseas now. They have all energy covered and they are supurb for a distribution investment in an IRA Iin my opinion. My husband and I are retired and have a nice income off of this stock plus our SS. Hope the government does not screw us though!