- Motley Fool•3 days ago3 Things Kinder Morgan Inc.'s Founder Wants You to Know About the Future of New Energy Pipelines in America
The energy infrastructure giant’s CEO Richard Kinder offered his perspective on the changing dynamics in the pipeline sector.
- Barrons.com•4 days ago
Kinder Morgan (KMI) shares were continuing their ascent Monday after posting earnings last week that convinced investors the company is likely to hike its dividend next year. Raymond James was latest in a string of Wall Street upgrades Monday. Analyst Darren Horowitz raised his rating to Strong Buy from Outperform, lifted his target price to $27 from $23, and lowered his risk rating to "medium" from "high." He forecasts a 130% dividend increase coming in 2018, which would bring KMI's yield, using the current stock price, to 5.3% from 2.34%.
- American City Business Journals•4 days ago
The energy industry faced more job cuts last week, as Enbridge and FMC Technologies both announced workforce declines. Halliburton, which since the oil downturn has shed a large portion of its workforce, managed to post a quarterly profit and didn’t announce any further employment cuts, though. • Houston-based oil field services company Halliburton Co. (HAL) finally squeezed out a profit in the third quarter after thousands of jobs cut and billions of dollars lost.