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Kinder Morgan Energy Partners Message Board

  • b_zerkley b_zerkley Sep 11, 2012 10:48 AM Flag

    wish they would just announce the secondary

    this is death by 1000 cuts. If they do announce, I'll add.

    Sentiment: Buy

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    • Question: In Yahoo stock chart it shows the recent PE as N/A, EPS as -.61 but shows a Dividend of 5.7%. Can you provide an explanation as to the negative EPS and a positive dividend %?

    • what secondary, they recently raised capital by doing a secondary through KMR

      From news/kinder-morgan-management-announces-exercise-201800125.html

      Kinder Morgan Management Announces Exercise of Underwriters’ Option to Purchase Additional Shares

      Kinder Morgan Management, LLC (KMR) today announced that the underwriters of its recently completed public offering of 8,800,000 shares have exercised in full their option to purchase an additional 1,320,000 shares. Barclays and BofA Merrill Lynch acted as joint book-running managers, and Credit Suisse, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and UBS Investment Bank acted as co-managers for the offering. The exercise price for the additional shares is $71.85 per share, the same as the price at which the 8,800,000 shares were sold to the underwriters.