|Bid||0.00 x 21500|
|Ask||0.00 x 2200|
|Day's Range||19.83 - 20.20|
|52 Week Range||14.62 - 21.50|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||20.17|
|Earnings Date||Oct 15, 2019 - Oct 21, 2019|
|Forward Dividend & Yield||1.00 (5.03%)|
|1y Target Est||22.05|
Kinder Morgan, Inc. (KMI) today announced a series of projects, totaling over $170 million of capital investment, that will increase efficiency, add product liquidity, and enhance blending capabilities at its Pasadena and Galena Park terminals, part of its best-in-class refined products storage hub on the Houston Ship Channel. In response to growing customer demand, KMI’s liquids terminal platform now boasts 10 ship docks, 38 barge spots, 20 inbound pipelines providing connectivity to 10 regional refineries and chemical plants, 15 outbound pipelines, 14 cross-channel lines, and approximately 43 million barrels of storage on the Houston Ship Channel, North America’s leading port for energy exports.
The U.S. has more midstream energy infrastructure than the rest of the planet combined, and the companies that own it can deliver powerful returns for investors.
Kinder Morgan Liquids Terminals LLC says Philadelphia Energy Solutions failed to make payments for fuel storage and other services totaling nearly $1.5 million since December, roughly seven months before the Pennsylvania refiner filed for bankruptcy. In a Wednesday filing, Kinder asked the U.S. Bankruptcy Court for the District of Delaware to allow it to sell fuel stored by PES at its Carteret, New Jersey, facility to pay itself back for the missed payments. PES, which shut its last crude unit this week, currently has 27,000 barrels of diesel fuel stored at Kinder's terminal as part of an agreement dating to 1996, the energy infrastructure company said in the filings.
The Energy sector is poised to see two consecutive quarters of earnings deterioration, after strong earnings growth in each of the four quarters of 2018.
Kinder Morgan has been a standout performer among energy stocks. But one analyst is questioning whether the momentum can continue.
We expect Williams Companies' earnings on Wednesday after markets close. the company will likely report an adjusted EBITDA of $1.22 billion.
As is the case every three months, Kinder Morgan (KMI) kicked off earnings reporting season for the US energy midstream sector. The most noteworthy takeaway: No real surprises, asserts Roger Conrad, utility and energy sector expert and editor of Conrad's Utility Investor.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Kinder...
While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.
Rating Action: Moody's upgrades NGPL's unsecured notes to Baa3. Global Credit Research- 22 Jul 2019. $1.86 billion of debt affected.
Shares of Kinder Morgan Inc. dropped Thursday in active trading, dragged down by a disappointing earnings report and a selloff in crude oil and natural gas prices.