KMI’s year-to-date rise

Kinder Morgan (KMI) stock has posted impressive gains in 2019, outperforming many of its peers. Enterprise Products Partners (EPD) and Energy Transfer (ET) have each risen ~20% YTD (year-to-date) compared to the ~30% rise in Kinder Morgan.

Williams Companies (WMB) and ONEOK (OKE) have marginally outperformed Kinder Morgan during the same period. The Energy Select Sector SPDR ETF (XLE), which tracks the S&P 500 energy sector, has risen ~18% YTD.

Will Kinder Morgan’s Q1 Results Support Its Stock?

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If Kinder Morgan exceeds its earnings estimates in the first quarter, its stock could rise further. If the company’s results fall short of expectations, it could see some profit-booking. Based on consensus estimates, Kinder Morgan’s EPS could rise 9% YoY (year-over-year) in the first quarter. Its revenue is expected to rise 8% YoY.

Kinder Morgan is trading 3% above its 50-day moving average and 12% above its 200-day moving average.

KMI’s yield

Kinder Morgan stock is trading at a dividend yield of ~4%. In comparison, Williams Companies is trading at a dividend yield of 5.2% and ONEOK is trading at a dividend yield of 4.9%. Enterprise Products Partners and Energy Transfer are trading at yields of 5.9% and 7.7%, respectively.

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