|Bid||23.760 x 1400|
|Ask||23.770 x 800|
|Day's Range||23.74 - 24.26|
|52 Week Range||23.54 - 33.67|
|Beta (3Y Monthly)||1.98|
|PE Ratio (TTM)||10.03|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||1.36 (5.56%)|
|1y Target Est||32.95|
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track more than 700 prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
Cushing Asset Management, the company behind some of the most widely master limited partnership benchmarks, is entering the exchange traded funds arena with its own MLP-related funds. The company launched ...
Good day. G. Steven Burrill has been sentenced by a judge to 30 months in prison after the once-prominent biotech venture capitalist pleaded guilty to tax evasion and investment-adviser fraud last year.
About 81% of the analysts surveyed by Reuters covering Kinder Morgan (KMI) recommended a “buy,” 14% recommended a “hold,” and 5% recommended a “sell.” The median target price for Kinder Morgan is $21, which implies an upside potential of ~26% from its current price.
According to data released on November 27, the short interest in Kinder Morgan (KMI) fell 19.4% recently. The number of Kinder Morgan shares shorted fell from 49.5 million on October 31 to 39.9 million on November 15. The short interest in Kinder Morgan as a percentage of its float is 2.1%. A fall in the short interest indicates that fewer investors expect Kinder Morgan’s price to fall in near future than those that expected a fall at the end of October.
Kinder Morgan (KMI) is trading at a forward EV-to-EBITDA multiple that’s lower than its own historical average multiple and its peers’ multiple. The lower multiple indicates that the stock might be undervalued. Kinder Morgan’s forward EV-to-EBITDA multiple is 9.6x. The company’s five-year average EV-to-EBITDA multiple is 12.7x.
HOUSTON , Dec. 6, 2018 /PRNewswire/ -- Easton Energy LLC ("Easton" or the "Company"), a Houston based midstream company, today announced the acquisition of approximately 416 miles of ...
Easton Energy LLC, a midstream company backed by private-equity firm Cresta Energy Capital, acquired about 416 miles in natural-gas-liquids pipelines for $177 million.
Williams today announced the sale of certain pipeline systems located in the Gulf Coast area to Easton Energy LLC for $177 million in cash. The sale closed on Nov. 30, 2018.
Cheniere (LNG) currently exports to around 30 countries worldwide, as the firm aims at turning the natural gas glut in the United States into export revolution.
Investing.com - This week markets are likely to welcome the ceasefire in the U.S.-China trade war, while awaiting fresh indications on the direction of U.S. monetary and an update on the health of the U.S. labor market.
As a result, the S&P 500 has pushed back over its 20-day and 200-day moving averages and some investors are turning their attention to energy stocks. Chevron (NYSE:CVX) shares have clambered back above its 20-day, 50-day, and 200-day moving averages to return to the highs that have been tested three times in November. Analysts are looking for earnings of $2.42 per share on revenues of $44.8 billion.
Williams Companies, Inc. (The) (WMB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Williams is working with an adviser to sell its 50 percent interest in the gas pipeline and processing plant operator, said the people, who asked to not be identified because the matter isn’t public. The stake is attracting interest from other pipeline operators and private equity firms, the people said. Crestwood Equity Partners LP owns the other 50 percent of Jackalope, which operates in the Powder River Basin in eastern Wyoming.
On November 19, U.S. Capital Advisors raised its rating for Targa Resources (TRGP) to “overweight” from “hold.” However, U.S. Capital Advisors cut its target price for the stock from $61 to $59. Among the 22 Reuters-surveyed analysts covering Targa Resources, eight rated the stock as a “strong buy,” six rated it as a “buy,” and eight rated it as a “hold.”
Crude oil prices fell more than 10% in the week ending November 23. The top midstream companies followed, even though the fall was less compared to the fall in oil prices. The Alerian MLP Index fell 3.3% for the week. In comparison, the Energy Select Sector SPDR ETF (XLE) fell 4.9%.
Billionaire David Tepper is the founder and manager of $14 billion hedge fund Appaloosa Management. Tepper’s fund has been hugely successful since its 1993 founding, with annual gross returns of greater than 30% according to sources. Tepper frequently appears on CNBC and other financial media and isn’t afraid to tell it like he sees it, […]
Investing.com - Trade-related headlines are likely to be the main driver of sentiment this week, as investors look ahead to a meeting between U.S. President Donald Trump and China President Xi Jinping on the sidelines of the G20 summit in Argentina.
Energy Transfer (ET) paid a per-unit distribution of $0.305 for Q3 2018, which implies a yield of ~8.3%, based on Energy Transfer’s current stock price. Though Energy Transfer Partners’ unitholders had to take an effective distribution cut after the merger with Energy Transfer Equity, Energy Transfer’s yield looks attractive currently. Energy Transfer’s distribution coverage ratio, pro forma for the Energy Transfer Partners-Energy Transfer Equity merger, was 1.73x for Q3 2018.
Investing.com - Gold prices were little changed on Tuesday even after New York Fed President John Williams (NYSE:WMB) said the Federal Reserve “will be likely raising interest rates somewhat.”
Investing.com - The dollar was flat while the Aussie slipped on Tuesday. Comments by New York Fed President John Williams received some focus as he said the Federal Reserve “will be likely raising interest rates somewhat.”