|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.89 - 19.20|
|52 Week Range||16.68 - 23.01|
|PE Ratio (TTM)||1,584.17|
|Forward Dividend & Yield||0.50 (2.63%)|
|1y Target Est||N/A|
Short interest represents the total shares of a particular stock that have been shorted but haven’t yet been closed out. According to the data released on January 10, 2018, the short interest as a percentage of float of Energy Transfer Equity (ETE) was ~5.2% on December 29, 2017. A low short interest as a percentage of float ratio and a decrease in short interest indicate that fewer investors expect the stock’s price to fall.
The reduction of the corporate income tax rate from 35% to 21% impacted Kinder Morgan’s (KMI) results in 4Q17. In this part, we’ll discuss how the tax cut impacted KMI’s earnings for the quarter as well as its impact on the company’s future earnings. In 4Q17, KMI recorded a $1.4 billion non-cash charge due to the tax cut.
The National Energy Board on Thursday set out a process for resolving permit disputes related to Kinder Morgan Canada's Trans Mountain pipeline expansion project, which has faced repeated delays due to difficulty in obtaining permits. The regulator said that under the new process it will consider future disputes between the company and provincial and municipal authorities, and provide a response within three to five weeks, providing a "measure of certainty" for all parties. The announcement came a day after Kinder Morgan Canada, a division of Houston-based Kinder Morgan Inc, said the start-up of the expanded pipeline would be delayed until December 2020 due to permitting struggles.
Kinder Morgan's (KMI) fourth-quarter 2017 results gain from higher contribution from Elba Express pipeline and the liquid terminals.
Kinder Morgan reported earnings after markets closed on Wednesday. The energy infrastructure company was hit by changes to the tax law, but looks forward to significant benefits over the next five years....
As environmentalists and local activists make it difficult to build new oil and gas lines, energy companies are simply supersizing old pipes that already exist.
Kinder Morgan Canada Ltd said on Wednesday that the start-up of its Trans Mountain pipeline expansion would now be delayed by three months from its previous target of September 2020. Kinder Morgan Canada said on Wednesday it is still pursuing a "primarily permiting" strategy on its Trans Mountain pipeline expansion. Last month, Canada's energy regulator ruled in favor of the company's appeal to sidestep some municipal permits for the pipeline, marking a major victory for the C$7.4 billion project.
The Houston-based company said it had a loss of 47 cents per share. Earnings, adjusted for non-recurring costs, were 21 cents per share. The results exceeded Wall Street expectations. The average estimate ...
Shares of Kinder Morgan Inc. rose nearly 2% late Wednesday after the oil and gas infrastructure company reported fourth-quarter adjusted per-share earnings and sales above Wall Street expectations. Kinder ...
Kinder Morgan Canada Ltd is still pursuing a "primarily permiting" strategy on its Trans Mountain pipeline expansion, the company said, and also reported a rise in fourth-quarter profit on Wednesday. Kinder Morgan Canada reported a net income of C$46.4 million ($37.3 million) for the fourth quarter ended Dec. 31, up from C$17.8 million for the same period last year. Last month, Canada's energy regulator ruled in favor of the company's appeal to sidestep some municipal permits for the pipeline, marking a major victory for the C$7.4 billion project.
Pipeline specialist Kinder Morgan, Inc. (NYSE:KMI) will step up to release its fourth-quarter earnings report after the close tonight. First, Kinder Morgan spent 2017 paying down debt and restructuring. The driving force behind this move was to secure financing for the critical, and ambitious, expansion of the Trans Mountain Pipeline (TMPL).