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Kinder Morgan Energy Partners Message Board

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  • rrb1981 rrb1981 May 25, 2004 5:18 PM Flag

    Premature Buying

    Thanks for the detailed info. Why is it that KMP is going to drop? Is it because, while the current distribution is $2.76, Rich Kinder has said that the distribution will be at or around $2.94 cents by the end of 04. Is it because SACROC is making cash hand over fist and they have layered on new hedges at these insane prices, is it because Yates field will be our next SACROC once they get the CO2 capacity installed and has enormous potential. Do you even know what SACROC and Yates fields are?

    I certainly don't doubt that KMP could drop. Any stock can drop, thats he way markets work, but the foolish numbers of $25 you've posted before are simply that....foolish. Us Kinder followers could only wish for 2 things, to have a large stash of cash handy and to find KMP at $25!!!!! I'd be willing to bet that the only way KMP ever sees $25 again is from a split!!!!