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VASCO Data Security International Inc. Message Board

jpjm3 2 posts  |  Last Activity: Jun 29, 2016 11:06 AM Member since: Sep 22, 2000
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  • Reply to

    Today's Move

    by golf19holes Jun 29, 2016 10:54 AM
    jpjm3 jpjm3 Jun 29, 2016 11:06 AM Flag

    KMI up 5+% today in response to KMI's plan to continue to offload CapEx spending on partners. From a Motley Fool article: "This past week the company announced one such transaction, agreeing to sell a 50% equity interest in its Utopia Pipeline Project to private equity firm Riverstone Investment Group. Under the terms of the agreement, Riverstone will pay Kinder Morgan an upfront cash fee reimbursing it for the 50% share of CapEx that has been expended up to that point. In addition to that, Kinder Morgan will receive another payment to recognize the value it has created in developing the project. Further, Riverstone will pay its 50% share of the projects costs going forward.

    This is a pretty sweet deal for Kinder Morgan. Not only does it save $250 million, which is half of the project's cost, but it gets paid a premium on top of that. That cash improves the company's financial flexibility, which could enable it to return more cash to shareholders than initially anticipated".

    Sentiment: Buy

  • Reply to

    Supply and demand has nothing to do

    by dlw2244 May 10, 2016 7:41 AM
    jpjm3 jpjm3 May 11, 2016 9:41 AM Flag

    Bernstein analyst Jean Ann Salisbury initiated Kinder Morgan with a Market Perform and price target of $20.

    Sentiment: Buy

17.42+0.13(+0.75%)Jul 26 4:00 PMEDT