MLP Valuations Today: How KMI, EPD, PAA, and OKE Compare
KMI stock is currently trading at a forward EV-to-EBITDA multiple of nearly 12x, which is lower than KMI’s five-year average multiple of ~17x.
Nearly 70% of the analysts surveyed by Reuters rated Kinder Morgan (KMI) as a “buy,” while ~30% rated it as a “hold.”
Kinder Morgan (KMI) stock is currently trading 6.6% below its 50-day moving average and 10% below its 200-day moving average.
Based on its closing price of $19.42 on May 25, KMI stock could trade in between $19.95 and $18.89 over the next seven days.
Kinder Morgan intends to raise $1.75 billion Canadian dollars through the offering to partially fund its Trans Mountain expansion project.
In this article, we’ll look at what Wall Street analysts recommend for Williams Companies (WMB).
Short interest in Williams Companies (WMB) as a percentage of float has fallen to 1.29%. Moreover, it’s lower than the past one-year and three-year averages of 2.2% and 2.4%, respectively.
Williams Companies (WMB) is currently trading 1.4% above its 50-day SMA (simple moving average) and 2.6% above its 200-day SMA.
In this part, we’ll perform a valuation analysis for WMB based on its historical and forward multiples.
Williams Companies (WMB), the midstream c-corp GP (general partner) of Williams Partners (WPZ), had a positive start to the week following last week’s sluggishness.
Short interest in Cheniere Energy (LNG) as a percentage of float has come down to 5.0%.
At a broader level, 86.0% of analysts rate Cheniere Energy a “buy,” and the remaining 14.0% rate it a “hold.”
Cheniere’s forward EV-to-EBITDA multiple of 20.5x is higher than the peer median of 13.6x.
Cheniere Energy’s (LNG) current volatility of 27.4% is higher than the sector average of 14.0%.
Cheniere Energy (LNG) continues to rally after the LNG trade deal between the US and China. The company rose 2.2% last week.
Kinder Morgan (KMI) is currently trading at a forward EV-to-EBITDA multiple of nearly 11.4x. This is much lower than its five-year average multiple of nearly 17.4x.
Of the analysts surveyed by Reuters, 93% rated Enterprise Products Partners (EPD) a “buy.”
Williams Companies’ holdings of top five institutional investors increased by a net 20.9 million shares. The Vanguard Group added 10.9 million WMB shares to its holdings.
According to analyst-adjusted numbers, Energy Transfer Equity’s net debt-to-EBITDA currently stands at 7.8x.
On May 16, 2017, short interest in WMB stock was 1.3%. It has fallen from nearly 2.5% at the end of 2016.