KMI - Kinder Morgan, Inc.

NYSE - NYSE Delayed Price. Currency in USD
16.07
-0.23 (-1.41%)
At close: 4:00PM EDT
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Previous Close16.30
Open16.29
Bid0.00 x 1000
Ask0.00 x 1400
Day's Range16.02 - 16.33
52 Week Range14.69 - 21.25
Volume12,329,289
Avg. Volume15,496,050
Market Cap35.452B
Beta0.78
PE Ratio (TTM)1,607.00
EPS (TTM)0.01
Earnings DateJul 17, 2018 - Jul 23, 2018
Forward Dividend & Yield0.80 (4.99%)
Ex-Dividend Date2018-04-27
1y Target Est20.67
Trade prices are not sourced from all markets
  • Why Is Kinder Morgan (KMI) Up 1.4% Since Its Last Earnings Report?
    Zacks3 days ago

    Why Is Kinder Morgan (KMI) Up 1.4% Since Its Last Earnings Report?

    Kinder Morgan (KMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • For Sale: Stalled Pipeline Project, Protesters Included
    Bloomberg3 days ago

    For Sale: Stalled Pipeline Project, Protesters Included

    Justin Trudeau’s pipeline nightmare may be only getting started. As Kinder Morgan Inc. drives a hard bargain in Canada’s attempt to save the Houston-based company’s embattled Trans Mountain project, the prime minister could end up fighting for an asset that hardly anybody wants. Pipeline giant Enbridge Inc., for one, signaled it doesn’t.

  • Canada minister eyes pension funds for Kinder Morgan project
    Reuters3 days ago

    Canada minister eyes pension funds for Kinder Morgan project

    TORONTO/WINNIPEG, Manitoba (Reuters) - Canada's Finance Minister Bill Morneau on Thursday highlighted the country's pension funds as possible investors in Kinder Morgan Inc's (KMI.N) pipeline expansion, but industry sources were skeptical about attracting new investors. Morneau on Wednesday raised the prospect of foreign funding, saying "plenty of investors would be interested" if Kinder Morgan Canada (KML.TO) walked away from the project. "We have very sophisticated Canadian pension funds and institutional investors that have a high level of understanding of how you embark on infrastructure projects and a great deal of experience around the world in bringing those projects to completion," Morneau told Reuters in an interview.

  • Reuters3 days ago

    Canada minister eyes pension funds for Kinder Morgan project

    TORONTO/WINNIPEG, Manitoba, May 17 (Reuters) - Canada's Finance Minister Bill Morneau on Thursday highlighted the country's pension funds as possible investors in Kinder Morgan Inc's pipeline expansion, but industry sources were skeptical about attracting new investors. Morneau on Wednesday raised the prospect of foreign funding, saying "plenty of investors would be interested" if Kinder Morgan Canada walked away from the project. "We have very sophisticated Canadian pension funds and institutional investors that have a high level of understanding of how you embark on infrastructure projects and a great deal of experience around the world in bringing those projects to completion," Morneau told Reuters in an interview.

  • Bloomberg3 days ago

    Morneau Vows Trans Mountain Backstop Will be Commercially Viable

    Canada’s finance minister said his plan to indemnify Kinder Morgan Inc. against losses on its Trans Mountain expansion project would be carried out in a commercially viable way. Bill Morneau said Thursday the government was not looking to give “a grant or a subsidy” to get the C$7.4 billion ($5.6 billion) pipeline built and that talks are continuing with the company. Morneau and Prime Minister Justin Trudeau continue to prod Kinder Morgan Canada Ltd. to go ahead with Trans Mountain.

  • Energy Transfer Partners’ Leverage Position after Q1 2018
    Market Realist3 days ago

    Energy Transfer Partners’ Leverage Position after Q1 2018

    Energy Transfer Partners (ETP) and Energy Transfer Equity’s (ETE) weak financial positions have been a concern. Energy Transfer Partners ended the first quarter with a total outstanding debt of $33.5 billion—a 1.3% increase compared to the total debt at the end of 2017. At the same time, Energy Transfer Equity reported total outstanding debt of $42.2 billion at the consolidated level.

  • Williams Partners Up 7% on Merger Announcement with GP
    Market Realist3 days ago

    Williams Partners Up 7% on Merger Announcement with GP

    Williams Partners (WPZ) rallied 7% early yesterday following a merger announcement with its GP, Williams Companies (WMB). The c-corp GP has agreed to acquire all the outstanding units of the MLP in a stock-for-unit deal valued at $10.5 billion.

  • Is Energy Transfer Partners Exploring a C Corporation Structure?
    Market Realist4 days ago

    Is Energy Transfer Partners Exploring a C Corporation Structure?

    Energy Transfer Partners (ETP) posted strong earnings growth in the recent quarter. High leverage and a complex capital structure have been a drag on Energy Transfer Partners’ market performance. While the partnership’s leverage position improved considerably in recent quarters due to balance sheet strengthening measures and earnings growth, its cost of equity continued to stay higher.

  • The Wall Street Journal4 days ago

    [$$] Canada Ready to Compensate Kinder Morgan for Pipeline Losses

    Inc.’s losses on the Trans Mountain pipeline expansion caused by British Columbia’s efforts to delay and potentially kill the project. , underlines the importance the project represents for the government, the economy and the country’s energy sector. The Trans Mountain expansion, with a price tag of 7.4 billion Canadian dollars (US$5.75 billion), marks a last chance to significantly increase the amount of crude oil Canada’s energy producers can get to faster-growing Asian markets via the Pacific Coast.

  • Reuters5 days ago

    Canada ready to cover Kinder Morgan loss, sees outside interest

    Canada is prepared to cover some losses Kinder Morgan Canada Ltd might suffer if a proposed oil pipeline expansion is delayed and thinks other investors are ready to step in if need be, Finance Minister Bill Morneau said on Wednesday. The company has given Ottawa a deadline of May 31 to provide assurances it can proceed with a plan to more than double the capacity of its Trans Mountain line from Alberta to British Columbia.

  • Associated Press5 days ago

    Canada says it will cover losses in bid to get pipeline done

    Canada's federal government will cover financial losses a pipeline builder might suffer if British Colombia's provincial government continues to obstruct the Trans Mountain pipeline expansion, the country's finance minister said Wednesday. Finance Minister Bill Morneau also said that other investors would step in if Houston-based Kinder Morgan backs out of the expansion, which would triple the capacity of a line carrying oil from Alberta to a Pacific port. Kinder Morgan has halted essential spending on the project and says it will cancel it altogether if the national and provincial governments cannot guarantee it.

  • API Reports an Unexpected Rise in US Crude Oil Inventories
    Market Realist5 days ago

    API Reports an Unexpected Rise in US Crude Oil Inventories

    On May 15, the API released its crude oil inventory report. The API reported that US crude oil inventories increased by 4.85 MMbbls on May 4–11. Analysts estimate that US oil inventories could have decreased by 0.8 MMbbls during the same period. The API added that the crude oil inventory at Cushing increased by ~0.1 MMbbls on May 4–11.

  • Canada ready to cover Kinder Morgan loss, sees outside interest
    Reuters5 days ago

    Canada ready to cover Kinder Morgan loss, sees outside interest

    By David Ljunggren and Leah Schnurr OTTAWA (Reuters) - Canada is prepared to cover some losses Kinder Morgan Canada Ltd might suffer if a proposed oil pipeline expansion is delayed and thinks other investors are ready to step in if need be, Finance Minister Bill Morneau said on Wednesday. The company has given Ottawa a deadline of May 31 to provide assurances it can proceed with a plan to more than double the capacity of its Trans Mountain line from Alberta to British Columbia. "We are willing to indemnify the Trans Mountain expansion against unnecessary delays that are politically motivated," Morneau told reporters on the same day that Kinder Morgan Canada is holding its annual general meeting.

  • Canada Backstops Kinder Morgan for Trans Mountain Delays
    Bloomberg5 days ago

    Canada Backstops Kinder Morgan for Trans Mountain Delays

    Justin Trudeau’s government is prepared to reimburse Kinder Morgan Canada Ltd. for any financial losses incurred by “politically motivated” delays in its proposed pipeline expansion to the Pacific coast. Canadian Finance Minister Bill Morneau said Wednesday he will “indemnify” the C$7.4 billion ($5.6 billion) Trans Mountain project, which faces fierce opposition from British Columbia’s provincial government. “We are willing to indemnify the Trans Mountain expansion against unnecessary delays that are politically motivated,” Morneau said in Ottawa, referring to British Columbia Premier John Horgan.

  • Rigzone.com5 days ago

    Canada Backstops Kinder Morgan for Trans Mountain Delays

    Justin Trudeau's government is prepared to reimburse Kinder Morgan Canada for any financial losses incurred by 'politically motivated' delays.

  • KMI, EPD, WPZ, MPLX: Analysts Are Bullish on Midstream Companies
    Market Realist6 days ago

    KMI, EPD, WPZ, MPLX: Analysts Are Bullish on Midstream Companies

    Of the analysts covering Kinder Morgan (KMI), 64% recommended “buy,” and 36% recommended “hold.” Their price target for Kinder Morgan is $21, implying a 28% upside to its current price of $16.45.

  • Why the Trans Mountain Expansion Is Key for Kinder Morgan
    Market Realist6 days ago

    Why the Trans Mountain Expansion Is Key for Kinder Morgan

    Kinder Morgan (KMI) has a capital project backlog of $12 billion over five years, largely consisting of projects for which Kinder Morgan has secured commercial contracts. Notably, $5.7 billion (48%) of this $12 billion relates to Kinder Morgan Canada’s Trans Mountain expansion project.

  • Short Interest in Enterprise Products Partners Falls
    Market Realist6 days ago

    Short Interest in Enterprise Products Partners Falls

    The number of Enterprise Products Partners (EPD) shares shorted fell ~37.5% from ~17.3 million on April 13 to ~10.8 million on April 30. According to data released on May 9, short interest in Enterprise Products Partners as a percentage of its float is ~0.8%. Enterprise Products’ short interest ratio is 2x, which shows that it would take nearly two days to cover all open short positions in EPD.

  • Kinder Morgan Rose 2.5% Last Week
    Market Realist6 days ago

    Kinder Morgan Rose 2.5% Last Week

    Kinder Morgan (KMI) stock rose 2.5% last week (ended May 11), outperforming Enterprise Products Partners (EPD), which rose 2.1%. ONEOK (OKE) and the Energy Select Sector SPDR ETF (XLE) rose 3.7% and 3.9%, respectively, and crude oil rose 1.4%, remaining above $70 per barrel in four of the five days.

  • Institutional Investors Seem Bullish on Kinder Morgan
    Market Realist7 days ago

    Institutional Investors Seem Bullish on Kinder Morgan

    According to recent filings, the top ten investors in Kinder Morgan (KMI) added net 20.3 million Kinder Morgan shares to their positions. According to a March 9 filing, Richard Kinder added 0.5 million KMI shares to his position. Kinder owns nearly 246 million KMI shares, which represent 11.1% of KMI’s total outstanding shares. BlackRock Institutional Trust disclosed an addition of 0.6 million KMI shares in a March 31 filing.

  • KMI, EPD, WPZ, and MPLX: A Leverage Comparison
    Market Realist7 days ago

    KMI, EPD, WPZ, and MPLX: A Leverage Comparison

    Kinder Morgan’s (KMI) net debt stood at $37.0 billion at the end of 1Q18, $331 million higher quarter-over-quarter. Of the $331 million increase, nearly $100 million was associated with increased debt at Kinder Morgan Canada (KML.TO). Notably, Kinder Morgan’s net debt has fallen ~$5.8 billion since the end of 1Q15.

  • Reuters7 days ago

    PRESS DIGEST-Canada-May 14

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Canadian Association of Mutual Insurance ...

  • More Analysts Turn Bullish on ONEOK
    Market Realist7 days ago

    More Analysts Turn Bullish on ONEOK

    ONEOK (OKE) stock saw quite a few price target raises on May 3 after its 1Q18 earnings release on May 1: Citigroup, from $64 to $67 Stifel, from $61 to $62 Guggenheim, from $62 to $68 RBC, from $70 to $72 Deutsche Bank, from $62 to $65

  • Comparing Top Midstream Companies’ Capex
    Market Realist7 days ago

    Comparing Top Midstream Companies’ Capex

    All four companies we’re analyzing—Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Partners (WPZ), and MPLX (MPLX)—raised their capital expenditure YoY (year-over-year) in 2017. Enterprise Products Partners’ capital spending rose 11% in 2017 while Williams Partners’ rose 24%.

  • Why Enterprise Products Partners’ Yield Is Attractive
    Market Realist9 days ago

    Why Enterprise Products Partners’ Yield Is Attractive

    All four midstream companies we’re analyzing in this series—Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Partners (WPZ), and MPLX (MPLX)—are trading at attractive yields. Enterprise Products Partners and MPLX are trading at yields of 6.4% and 7.1%, respectively, while Williams Partners is trading at a yield of ~6.7%. Kinder Morgan’s recent 60% dividend increase has raised its yield to ~5.0%.