Kinder Morgan(KMI)

Search documents
Kinder Morgan (KMI) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-06-25 23:05
The most recent trading session ended with Kinder Morgan (KMI) standing at $20.10, reflecting a -0.05% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.09% gain on the day. Meanwhile, the Dow lost 0.1%, and the Nasdaq, a tech-heavy index, added 0.16%.Shares of the oil and natural gas pipeline and storage company witnessed a gain of 5.45% over the previous month, beating the performance of the Oils-Energy sector with its loss of 0.69% and the S&P 500's gain of 2.83%.The upco ...
Kinder Morgan (KMI) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-06-17 23:05
Kinder Morgan (KMI) closed the most recent trading day at $19.67, moving +0.41% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.95%.Shares of the oil and natural gas pipeline and storage company witnessed a loss of 0.56% over the previous month, beating the performance of the Oils-Energy sector with its loss of 7.24% and underperformin ...
Kinder Morgan (KMI) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-11 22:56
The latest trading session saw Kinder Morgan (KMI) ending at $19.79, denoting a -0.05% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.88%.The oil and natural gas pipeline and storage company's shares have seen an increase of 3.39% over the last month, surpassing the Oils-Energy sector's loss of 3.25% and the S&P 500's gain of 2.85%.The investment community will be closely monitoring ...
Kinder Morgan (KMI) Registers a Bigger Fall Than the Market: Important Facts to Note
zacks.com· 2024-05-23 22:50
Kinder Morgan (KMI) ended the recent trading session at $19.08, demonstrating a -1.6% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.74%. Elsewhere, the Dow saw a downswing of 1.53%, while the tech-heavy Nasdaq depreciated by 0.39%.The oil and natural gas pipeline and storage company's stock has climbed by 3.08% in the past month, exceeding the Oils-Energy sector's loss of 1.83% and lagging the S&P 500's gain of 6.06%.The investment community will be closely mon ...
Investors Heavily Search Kinder Morgan, Inc. (KMI): Here is What You Need to Know
zacks.com· 2024-05-23 14:02
Core Viewpoint - Kinder Morgan (KMI) has been trending in stock searches, with recent performance showing a +3.1% return over the past month, compared to +6.1% for the S&P 500 and +2.7% for the Zacks Oil and Gas - Production and Pipelines industry [1] Earnings Estimates - Kinder Morgan is expected to report earnings of $0.26 per share for the current quarter, reflecting a year-over-year increase of +8.3%, with a consensus estimate change of +1.8% over the last 30 days [3] - The consensus earnings estimate for the current fiscal year is $1.19, indicating a year-over-year change of +11.2%, with a +0.9% change over the last 30 days [3] - For the next fiscal year, the consensus estimate is $1.21, showing a +2.2% change from the previous year, with a -0.8% change over the past month [3] Revenue Growth - The consensus sales estimate for the current quarter is $3.92 billion, indicating a year-over-year change of +12.1% [5] - For the current fiscal year, the revenue estimates are $16.55 billion and $17.02 billion, reflecting changes of +7.9% and +2.8%, respectively [5] Last Reported Results - In the last reported quarter, Kinder Morgan generated revenues of $3.84 billion, a year-over-year decrease of -1.2%, with an EPS of $0.34 compared to $0.30 a year ago [6] - The reported revenues were -12.83% below the Zacks Consensus Estimate of $4.41 billion, while the EPS surprise was +3.03% [6] - Over the last four quarters, Kinder Morgan surpassed consensus EPS estimates twice and revenue estimates once [6] Valuation - Kinder Morgan's valuation is assessed through various multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), which help determine if the stock is fairly valued, overvalued, or undervalued [7] - The Zacks Value Style Score grades Kinder Morgan as C, indicating it is trading at par with its peers [9] Bottom Line - The analysis suggests that Kinder Morgan may perform in line with the broader market in the near term, supported by its Zacks Rank 3 [10]
Kinder Morgan (KMI) Leverages Carbon Credits in Texas Oilfield
zacks.com· 2024-05-23 12:11
Kinder Morgan (KMI) has strategically acquired oil and gas-producing assets in the Permian Basin for approximately $100 million, per a report by Reuters on Wednesday. This acquisition includes 265 wells located in a mature area of the Texas oilfield and 11,600 acres of land. These assets, first developed in the 1920s, currently produce around 1,100 barrels of oil per day. Kinder Morgan plans to leverage these assets to boost production using U.S. carbon capture incentives.Focus on Carbon Capture IncentivesT ...
Got $1,000? Turn It Into $55 (or More) of Passive Income Each Year With These Magnificent Dividend Stocks.
fool.com· 2024-05-19 11:16
These companies can turn idle cash into a passive income stream.There are lots of ways to invest $1,000 these days. You could take a flyer on the latest cryptocurrency or hyped AI growth stock. Those bets could turn your investment into a lot more money, or they could lose some or all of your investment. A lower-risk option is to invest that cash into an income-generating investment like dividend stocks. While you can still lose money investing in dividend stocks, they've historically been a solid investmen ...
Kinder Morgan (KMI) Up 7.6% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-17 16:36
It has been about a month since the last earnings report for Kinder Morgan (KMI) . Shares have added about 7.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Kinder Morgan due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Kinder Morgan Beats on Q1 Earnings, Hikes ...
Kinder Morgan Sees Artificial Intelligence (AI) Driving Growth, but Not How You Think
The Motley Fool· 2024-04-27 20:22
Kinder Morgan's stock actually could be a huge beneficiary of this AI trend.During its most recent earnings conference call, midstream giant Kinder Morgan (KMI -0.64%) discussed the benefits that artificial intelligence (AI) will bring to its business. This perhaps is not surprising, as companies from all types of different industries have waxed eloquent about how AI will help their businesses. Some of the uses of AI in non-tech industries have been pretty creative; Wendy's, for example, announced it would ...
Catalyst Watch: This Beaten-Down, High-Yield Dividend Stock Is Working on a Long-Term Solution to Its Biggest Issue
The Motley Fool· 2024-04-27 13:36
NextEra Energy Partners is working to address the looming buyouts of its remaining convertible equity portfolio financing.NextEra Energy Partners (NEP -0.89%) delivered supercharged dividend growth for the first several years of its existence. Its dividend has surged nearly 370% since it became public in 2014, growing by a double-digit annual rate until last year. Powering the surging payout was a steady diet of acquisitions largely funded by convertible equity portfolio financing (CEPFs) arranged by severa ...