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Kinder Morgan ManAŞement, Ltd. Şti. Message Board

  • fountain123_45 fountain123_45 Dec 21, 2013 10:26 PM Flag

    KMR distributions

    KMR gives distribution in additional shares rather than cash. How are these new additional shares created? Does the Market Cap of KMR increase every distribution and Market Cap of KMP reduce by the same amount? Yahoo shows Market Cap of KMR @ $9.08B and KMP @ $34.7B. Could this be the reason why KMR trades at discount to KMP?

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    • How are these new additional shares created?

      In essence Kmr shareholders receive the newly created shares from Kmp. Richard Kinder explains, search Youtube on my name, "Cashflow retained."

    • And how do you calculate cost basis when you sell ??
      If I buy 100 shares at $70, then 1 share when the price is $74, and 1.1 share when the price is $80 (simplified example).

      Then 2 years later, with 112.25 shares, when the price is $90, I sell all the shares, and have been getting fractions at various prices every quarter ... what the heck is the cost basis ?