Kinder Morgan, Inc.

Sunoco Logistics has the lowest profit margin and ROE among its peers. Its profit margin and ROE of 1.6% and 1.7%, respectively, are well below the group average.

Companies in the midstream sector that are included in the XLE portfolio include Kinder Morgan, Oneok, the Williams Company, and Spectra Energy.

Kinder Morgan’s (KMI) natural gas transport volumes grew 1.4% YoY (year-over-year) in 1Q17. The growth was driven by throughput on new projects.

Kinder Morgan stock has risen 44% in the past year, as compared to Enterprise Products Partners’ 32% rise and ONEOK’s 162% rise.

The US crude oil (USO) supply includes domestic production and imports. The supply gets consumed as inputs to refineries and exports.

Investors may be seeing a lot of reports about rising US LNG (liquefied natural gas) exports. Let’s review the basics of LNG.

Companies in the natural gas processing space—many of which are MLPS—keep an eye on the fractionation or “frac” spread. Here’s why.

Kinder Morgan transports natural gas, refined petroleum, crude oil, condensate, CO2, and other products through its network of pipelines.

Kinder Morgan Energy Partners plans several major Eagle Ford joint ventures and projects that could reach almost $900 million in expenditures if company reports are to be believed.

After KML’s IPO (initial public offering), Kinder Morgan retains ownership of nearly 70% of KML, with the remaining 30% owned by the public.

EPD is a leading midstream service provider in the natural gas, natural gas liquids (or NGLs), crude oil, petrochemicals, and refined products sectors.

ONEOK (OKE) stock has risen ~21% so far in 2018, outperforming its peers in the midstream sector.

In this morning’s edition of our daily market newsletter, Get Real, we looked at Trump’s new tariff targets, a 5G network launch, and turnaround hopes.

Haynes and Boone reported that 50 energy companies filed for bankruptcy in the first nine months of 2019, including 33 oil and gas producers.

Adage Capital’s US long portfolio grew from $38.69 billion in 2Q14 to $40.2 billion in 3Q14. The portfolio comprised around 699 stocks.

On October 27, ONEOK Partners (OKS) announced that it agreed to acquire Chevron Corporation’s (CVX) natural gas liquids (or NGLs) pipeline assets.

Natural gas can be stored for an indefinite period of time for later consumption.

Before moving to inverse and leveraged ETFs in the next part of this series, we’d like to quickly discuss the differences between ETFs and mutual funds.

Williams Companies stock fell for the seventh consecutive day on Wednesday and closed almost at an 11-month low. Midstream stocks are trading weak.

Enterprise Products Partners (EPD) is one of the largest master limited partnerships operating in the midstream energy space.

To understand the US energy sector, it’s essential first to understand the country’s energy needs. The US uses various energy sources to meet its energy needs.

According to analysts’ estimates, Energy Transfer (ET) stock has a median target price of $21.24—compared to its current market price of $14.82.

The short interest in Enterprise Products Partners (EPD) stock rose from 24.9 million shares on March 15 to 25.7 million shares on March 29.

The EIA expects US natural gas prices to average $2.89 per MMBtu in 2019. For 2020, the forecast is $2.92 per MMBtu.

On March 1, after the markets closed, Enbridge announced that it received a timeline for the permits for its Line 3 Replacement project.

Currently, Richard Kinder owns nearly 11% of Kinder Morgan’s outstanding shares. The stock has underperformed the midstream sector.

High leverage and a complex capital structure have been a drag on Energy Transfer Partners’ market performance.

When the Fed refers to “inflation,” it’s talking about the rate of change in PCE (personal consumption expenditure) inflation. This is the price index for PCE.

According to Wall Street analysts’ consensus outlook, Kinder Morgan’s (KMI) dividend is expected to grow by ~15.3% year-over-year by the end of 2015.

According to data from the U.S. Energy Information Administration, US crude production dropped to 9.4 million barrels per day in the week ended July 24.

Caxton Associates’ portfolio fell from $3.04 billion in 3Q14 to $1.29 billion in 4Q14.

Spectra Energy 4Q14 adjusted earnings beat estimates by 46%. On average, adjusted EPS has exceeded consensus EPS by ~9% in the past ten quarters.

Targa Resources Partners LP (NGLS) is a master limited partnership operating in the midstream energy space. Targa Resources Corp. (TRGP) is the general partner of NGLS.

While actively managed ETFs are more expensive than passively managed ETFs, they tend to be less expensive than mutual funds due to structural differences between these two products. In the case of mutual funds, the investor interacts with the company while buying and selling mutual fund units.