|Bid||0.00 x 2200|
|Ask||0.00 x 1800|
|Day's Range||18.35 - 18.61|
|52 Week Range||15.78 - 20.20|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||23.18|
|Earnings Date||Apr 18, 2023 - Apr 24, 2023|
|Forward Dividend & Yield||1.11 (6.26%)|
|Ex-Dividend Date||Oct 28, 2022|
|1y Target Est||19.88|
Stock buybacks, also known as share repurchase programs, are a common strategy we see implemented by companies to boost shareholder value. With these companies buying, it raises a valid question: Are shares undervalued?
U.S. funding for clean energy projects will help energy pipeline operator Kinder Morgan accelerate its investments in renewable natural gas and carbon sequestration, executives said on Wednesday. The $430 billion Inflation Reduction Act (IRA) signed into law last September expanded tax credits for industrial projects that capture, reuse or permanently store carbon dioxide, a gas that contributes to climate change. The funding "accelerates growth opportunities" in renewable natural gas (RNG), renewable diesel, hydrogen as well as carbon capture and storage (CCS), according to a presentation by Kinder Morgan, the largest operator of carbon dioxide pipelines in North America.
The Zacks Consensus Estimate for Chevron's (CVX) fourth-quarter average sales price for natural gas is up significantly from a year earlier.