|Bid||0.00 x 29200|
|Ask||20.50 x 3100|
|Day's Range||19.87 - 20.22|
|52 Week Range||14.62 - 21.50|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||22.16|
|Forward Dividend & Yield||1.00 (5.02%)|
|1y Target Est||N/A|
The U.S. crude benchmark marked the highest settlement since September after the OPEC+ group announced cutting output by as much as 500,000 barrels per day from Jan 1 for three months.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
U.S. pipeline operator Kinder Morgan Inc on Thursday said it expects core earnings to increase slightly next year and signaled it would move to cut its debt load and increase its dividend. Investors this year have pushed U.S. oil and gas pipeline companies to improve their financial health and deliver positive free cash flow. Low energy prices have pressured pipeline earnings and some projects have stalled as U.S. shale drillers idled rigs.
Houston-based Kinder Morgan Inc. (NYSE: KMI) plans to spend about $2.4 billion on expansion projects and joint ventures in 2020, according to a press release. As of the end of the third quarter, Kinder Morgan had $4.1 billion in capital projects on its backlog, and it plans to spend between $2 billion and $3 billion each year on organic investment opportunities, according to a November presentation to its shareholders. The company also expects to sell its Canadian subsidiary and an associated pipeline to Calgary-based Pembina Pipeline Corp. (NYSE: PBA) for $2.5 billion by the first half of 2020.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
The chip giant’s newest director Jim Goetz bought millions of dollar more of stock. Energy-infrastructure firm Kinder Morgan co-founder Richard Kinder and director Fayez Sarofim scooped up shares.
As the bull market sails past its first decade, value-minded investors worry that there are few bargains left. But there are, if you're willing to wade into the oil patch. The big problem is finding the courage. Even some of the best energy stocks have suffered recent returns reminiscent of the Deepwater Horizon.Oil-focused stocks naturally are subject to the price of oil, which depends, in part, on Middle East politics, the global economy and U.S. driving habits. Oil prices (as well as natural gas and other energy sources) also depend on supply, and oil has been plentiful, thanks to the revolution in fracking.Over the past 12 months, West Texas intermediate crude oil has seen its price fall to about $57 from $74 a year earlier. This is particularly bad for energy stocks that explore and drill for oil, known as upstream companies. For companies that refine oil into gasoline and other products, however, lower prices can be good, since oil is a cost to them, rather than a product.Will the energy sector find relief in 2020? So far, the experts aren't hopeful. The International Agency Energy says that oil supplies could be rich once again thanks to a pickup in production and tepid growth in demand. That bodes poorly for prices.If you're still willing to brave a potentially difficult sector, however, here are 10 of the best energy stocks to buy for 2020. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
The energy sector consists of stocks related to the production and supply of energy around the world. The sector includes upstream firms that are involved in the exploration and production of oil or gas reserves, such as EOG Resources Inc. (EOG). Also in the sector are downstream companies that refine and process oil and gas products for delivery to consumers, including HollyFrontier Corp. (HFC).
Kinder Morgan (KMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Roughly 40 percent of US natural gas moves through pipelines owned by Kinder Morgan Inc (KMI), explains utility sector expert Roger Conrad, editor of Conrad's Utility Investor.
The energy sector consists of stocks related to the production and supply of energy around the world. Among energy sector companies are upstream firms—those involved in the exploration and production of oil or gas reserves—like EOG Resources (EOG). Also in the sector are downstream companies that refine and process oil and gas products for delivery to consumers, including HollyFrontier (HFC).
Jim Cramer said on CNBC's "Mad Money Lightning Round" that L3Harris Technologies Inc (NYSE: LHX ) is his favorite in the defense sector, but it has been trading lower for no reason. Cramer wants ...
Chesapeake stock dropped nearly 30%, and closed near an all-time low, one day after the company missed earnings and sales forecasts, and listed its “ability to continue as a going concern” among the risks facing it going forward.
In addition to the $76 million sale to Kinder Morgan, Southcross is selling other assets to another company for $31.5 million.