|Bid||0.00 x 2900|
|Ask||18.85 x 1000|
|Day's Range||18.76 - 18.98|
|52 Week Range||14.62 - 18.98|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||28.27|
|Earnings Date||Apr 16, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||0.80 (4.24%)|
|1y Target Est||21.28|
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! As Kinder Morgan, Inc. (NYSE:KMI) announced its earnings release onRead More...
Richard Kinder followed up stock buys earlier this year by buying an additional $12.9 million of shares of the energy-infrastructure firm on the open market.
Kinder Morgan (KMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Will Energy Transfer’s Earnings Growth Continue in Q4?(Continued from Prior Part)Analysts’ recommendations According to analysts’ estimates, Energy Transfer (ET) stock has a median target price of $21.24—compared to its current market price
Saudi Arabia and U.S. oil majors, most based in Texas, have had a symbiotic economic relationship ever since oil was found in Dhahran in 1938.The oil superpowers and some oil stocks are riding high again, as Saudi Arabia launches a "shock and awe" campaign to raise oil prices.Goldman Sachs now expects prices for Brent North Sea oil, the world standard, to rise to $67.50 per barrel this spring, with OPEC production having already been cut by 800,000 barrels per day over the last few months.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Texas Shale BoomOne result is that a shale oil boom that re-ignited in Texas last year is going to accelerate into 2019.The question is who will profit.The Texas Independent Producers and Royalty Owners Association (TIPRO) reports that the state's production in 2018 came to 1.54 billion barrels, up from 1.03 billion in 2017 and 20% ahead of the previous record set in 1973. This helped make the U.S. the world's largest oil producer, ahead of Russia and Saudi Arabia. * 10 'Buy-and-Hold' Stocks to Own Forever The boom in production is extending into 2019, with the Energy Information Agency reporting 11.9 million U.S. barrels per day came up the week of Feb. 8, compared with 10.25 million barrels during the same week a year ago. Wrong Oil?Oil stocks like Chevron (NYSE:CVX), which had been on a never-ending campaign of belt-tightening since the last bust in 2014, are now poised to reap the rewards.The reason, as I noted in writing about Exxon Mobil (NYSE:XOM) earnings on Feb. 1, is an infrastructure disconnect. There's not enough pipeline capacity for all this new shale production, and U.S. refineries have long been tuned to heavier grades of imported crude anyway.So while Permian independents like Concho Resources (NYSE:CXO), which produced 310,000 barrels of oil equivalent per day during the fourth quarter, expect to see prices rising from the $53.77 level they were at Feb. 14, they're not rising quickly as Kinder Morgan (NYSE:KMI) races to add pipeline capacity. Note that while it's now legal for the U.S. to export crude oil, the spread between WTI and Brent prices is over $10 per barrel.The biggest producers of "sour" or "heavy" crude, Venezuela and Iran, are subject to U.S. sanctions, while gasoline "crack spreads" -- the margin between the cost of crude and what refined products bring -- continue to fall. Refiners are now short the "heavy" crude they're accustomed to, while U.S. fracking companies deliver a bumper crop of "light" crude to the market.Oil that is easiest to refine and closest to the market, as on the U.S. West Coast, is now priced near $62 per barrel, while oil that can't reach the market, like Canadian Crude, is still selling at under $40 per barrel.The winners in this market would thus seem to be oil stocks that can trade oil, ship oil and arbitrage the price. But that's not the way the stock market sees it. The Bottom Line on Oil StocksExxon Mobil stock hit its high for the decade in early 2014, and is currently 17% below that figure, even with a rally that began in December. During this decade, Exxon has become a dividend stock, increasing the dividend in five years from 63 cents per share to 82 cents, yielding 4.3% at the company's price of about $76 per share on Feb. 14.Meanwhile, Concho Resources, which pays no dividend, has stock worth 23% more than five years ago. Since the start of 2019 Concho is up 16% while Exxon is up only 11%.This should be Exxon's market, but it's producers like Concho that are currently getting the love from investors due to higher production.I may be wrong, but it looks like investors are making a mistake.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post This Are the Kind of Oil Stocks You Should Watch Right Now appeared first on InvestorPlace.
Will Energy Transfer’s Earnings Growth Continue in Q4?(Continued from Prior Part)Valuation Currently, Energy Transfer (ET) stock looks relatively expensive compared to some of its peers. Energy Transfer is trading at a forward EV-to-EBITDA multiple
With bonds offering scanty returns, investors now trade more options to “reach for yield” in their portfolios, according to The Wall Street Journal. There’s a reason they are called the “crack cocaine” of the stock market. 2. You don’t need options to “reach for yield.” There are plenty of ways to get nice and relatively safe yield — plus the potential for capital appreciation — in the stock market.
KMI, TRGP, OKE, and WMB: Top Midstream Gains in 2019Top midstream gainersMidstream C corporations have posted impressive gains in 2019. The top stocks in the sector have outperformed the broader market, the broader energy sector, and the MLP sector
Shares of oil and gas companies were broadly higher Wednesday, as reports of supply cuts and optimism on U.S.-China trade talks helped fuel a rally in crude oil prices. The energy sector was the best performing of the S&P 500's 11 key sectors, with the SPDR Energy Select Sector ETF climbing 2.0% with all 30 equity components gaining ground. The biggest gainer was Newfield Exploration Co.'s stock , which ran up 4.5%. Among other more-active components, shares of Marathon Oil Corp. advanced 2.5%, Kinder Morgan Inc. rose 1.5%, Exxon Mobil Corp. tacked on 1.2%, Schlumberger NV climbed 2.3%, and Chevron Corp. gained 1.3%. Meanwhile, crude oil futures ran up 2.0%. The energy ETF has hiked up 13.9% year to date, while the S&P 500 has rallied 10.1%.
The pipeline is already backed by shipper commitments, but Phillips 66 is holding an open season for deliveries near the Houston Ship Channel.
Phillips 66 and Kinder Morgan Inc began on Monday soliciting shipper commitments for crude deliveries on the 900,000 barrel per day (bpd) Gray Oak Pipeline from the Permian Basin to delivery points at or near the Houston Ship Channel, the companies said. The Gray Oak Pipeline would deliver crude to the Houston area through a connection in South Texas. The pipeline is one analysts believe could help alleviate a crude oil transportation bottleneck in the Permian Basin of West Texas and New Mexico.
Phillips 66 Partners (NYSE:PXSP) and Kinder Morgan, Inc. (KMI), announced today the start of a joint open season by Gray Oak Pipeline, LLC (Gray Oak) and Kinder Morgan Crude & Condensate LLC (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin to KMCC delivery points at or near the Houston Ship Channel under a binding joint transportation services agreement. Delivery from the Gray Oak Pipeline to the Houston Ship Channel would be achieved through a connection in South Texas.
Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Post Holdings Inc (NYSE: POST) saw a director step up to the buy window midweek. The stock ended the week at $98.05 per share, which was above the director's listed purchase price range.
According to the U.S. Energy Information Administration, domestic oil production is at an all-time high, and it's set to increase by another 2 million barrels per day by 2020, explains Tony Sagami, contributing editor to Weiss Ratings.
Kinder Morgan Inc is an energy infrastructure company. The Company transports natural gas, refined petroleum products, crude oil, condensate, CO2 and other products. The dividend yield of Kinder Morgan Inc stocks is 4.44%.
How Williams Companies Looks before Its Q4 Earnings(Continued from Prior Part)Valuation Williams Companies (WMB) stock is trading at a forward EV-to-EBITDA multiple of 11x based on its estimated earnings for the next 12 months. The company’s
Richard Kinder, the energy-infrastructure firm’s executive chairman, has already bought $10.3 million of stock this year, surpassing his purchases for all of 2018.
Wald noted that for investors looking to take advantage of the market recovery, stocks in the energy space are beginning to look attractive. Shares of Kinder Morgan are up more than 19 percent so far this year. "On top of it all the stock offers 4.3 percent dividend yield to boot so a pretty nice set up here for Kinder Morgan," he said.
Top Midstream Stocks Ended Last Week with GainsMidstream stocks roseThe top midstream sector stocks including Energy Transfer (ET), MPLX (MPLX), and Kinder Morgan (KMI) rose during the week ending February 1. Energy Transfer and MPLX each rose 4.9%.
Not a bad start for stocks this week. Though they slumped into the red early in the session yesterday, Monday's close of 2724.87 for the S&P 500 was 0.68% better than Friday's last trade. That was the best close since November. Roku (NASDAQ:ROKU) led the charge, gaining 4.9% yesterday, following through on a rebound effort that first took shape at the beginning of the year. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) helped set the bullish pace as well, gaining 2% headed into its post-close earnings report. Sales and earnings were better than expected, but steep spending increases sent share down more than 2% in yesterday's after-hours action. Despite the broad market's ongoing gains, winners and losers continue to diverge, leaving some names at pivot points while traders figure out what to do with them. The good news is, the lines in the sand for the stock charts of Verizon Communications (NYSE:VZ), Broadcom (NASDAQ:AVGO) and Kinder Morgan (NYSE:KMI) are pretty clear. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Verizon Communications (VZ) Back in late December, Verizon Communications had peeled back to a pivotal level. Though the bulls had finally started to push back against a pretty devastating pullback, the matter was far from settled at the time. * 10 F-Rated Stocks That Could Break Your Portfolio Incredibly enough, it's still not. Although it looked as of the bulls were taking charge after that rebound, we can look back now and say maybe they didn't. VZ stock is once again toying with the very same support levels that came into play over a month ago. Click to Enlarge • One of those technical floors is the 200-day moving average line, plotted in white on both stock charts. Verizon shares fell under that line last week, but quickly recovered. The bears are going to test that floor again though. • The make-or-break line, however, is the $52.30 mark. That's more or less the absolute low VZ has made since December, marked with a yellow dashed line. A move below that level will likely start a selloff that can't be easily stopped. • Should that selloff take shape, the rising floor just above the $50 is the most plausible technical target. The weekly chart's stochastic indicator should also fall into oversold territory at a major low. ### Broadcom (AVGO) With our last look at Broadcom back on Jan. 25, we acknowledged the break above a long-standing resistance line was a great first step, but more work needed to be done. Namely, AVGO shares needed to survive a real test and remain above that line in the sand. That's happened in the meantime. Broadcom have continued to forge ahead, shrugging off profit-taking to make good on the breakout thrust. Another line in the sand has come into play as of last week though. Click to Enlarge • The converging trading range is plotted on both stock charts with white dashed lines. AVGO broke above the upper boundary four weeks ago, and has continued to move higher. • Last week's high of around $274 isn't anything to dismiss as inconsequential. That's where AVGO has peaked a few times since early 2018; follow the yellow dashed line back in time on both stock charts. • Although potential resistance has to be cleared at $274, if that happens there's a great deal of upside to tap into. There's more than a year's worth of pent-up buying that's yet to be fully unleashed. ### Kinder Morgan (KMI) With nothing more than a quick glance at the recent chart of Kinder Morgan shares, it would be easy to jump to a bullish conclusion. The stock's up 25% from its December low, and seeming still going strong. Take a step back and look at the bigger picture though. While the rally is compelling, this is when, where and how it should be running into major technical trouble. Click to Enlarge • Monday's high around $18.40 should be uncomfortably familiar to long-term investors. That's where KMI struggled for months in the middle of last year, never able to clear it cleanly. • Though the recent rally has been impressive, in the weekly timeframe KMI shares are overbought, according to the stochastic indicator. History says Kinder Morgan shares tend to peel back once they become stochastically overbought. • Although the current move seems like it has got lots of momentum, look closely at the daily chart's volume data. The buyers have been backing off for a couple of weeks now. There's not actually a lot of investor support for KMI at its current price. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 S&P 500 Stocks to Buy That Tore Up Earnings * 10 Cold Weather Stocks to Heat Up Your Returns * The 7 Best Penny Stocks to Buy Compare Brokers The post 3 Big Stock Charts for Tuesday: Broadcom, Kinder Morgan and Verizon Communications appeared first on InvestorPlace.