Kinder Morgan, Inc.

Most Recent

  • Why Sunoco Logistics Has the Lowest Profit Margins
    Company & Industry Overviews

    Why Sunoco Logistics Has the Lowest Profit Margins

    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.

    By Kurt Gallon
  • What is XLE? Exploring Midstream Energy Company Exposure
    Macroeconomic Analysis

    What is XLE? Exploring Midstream Energy Company Exposure

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

    By Liam Odalis
  • uploads///natural gas pipelines segments key metrics
    Earnings Report

    What to Expect from Kinder Morgan’s Gas Transport Volumes

    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.

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    An investor’s guide to MLPX and its holdings, like Spectra Energy

    The Global X MLP & Infrastructure ETF (MLPX) tracks the Solactive MLP & Energy Infrastructure Index. The index consists of midstream energy infrastructure MLPs and corporations.

    By Alex Chamberlin
  • uploads///Capex
    Company & Industry Overviews

    Will Kinder Morgan benefit from increased 2015 capex?

    In 2015, Kinder Morgan (KMI) has put in place a strong project pipeline that can increase capex by 21% to ~$4.4 billion.

    By Alex Chamberlin
  • uploads///kmis leverage
    Earnings Report

    Analyzing Kinder Morgan’s Leverage

    Kinder Morgan’s adjusted net debt-to-adjusted EBITDA ratio stood at 4.5x at the end of 2018.

    By Rekha Khandelwal, CFA
  • uploads///val
    Energy & Utilities

    What Does Energy Transfer Equity’s Current Valuation Suggest?

    Energy Transfer Equity (ETE) was trading at a price-to-distributable cash flow of 17.9x as of December 22, 2017, which is slightly below the last ten-quarter average of 18.0x.

    By Kurt Gallon
  • uploads///val
    Energy & Utilities

    What WMB’s Current Valuation Tells Us

    Williams Companies (WMB) was trading at an EV-to- EBITDA multiple of 11.0x on November 15, 2017.

    By Kurt Gallon
  • uploads///broker recommendations
    Earnings Report

    Is ONEOK Positioned Well Enough to Continue Growing Its Earnings?

    Of the analysts surveyed by Bloomberg, 12% rated ONEOK (OKE) a “buy,” and 76% rated it a “hold.” About 12% of the analysts rated it a “sell.”

    By Rekha Khandelwal, CFA
  • uploads///forward ev to ebitda multiples
    Company & Industry Overviews

    Is ONEOK Stock Currently Overvalued?

    ONEOK (OKE) stock is currently trading at a forward EV-to-EBITDA multiple of 14.3x.

    By Rekha Khandelwal, CFA
  • uploads///segmentwise ebda breakdown
    Company & Industry Overviews

    Which Segment Drives Kinder Morgan’s Performance?

    KMI’s Natural Gas Pipelines segment Kinder Morgan (KMI) conducts its operations through five reportable segments. Natural Gas Pipelines is Kinder Morgan’s largest business segment in terms of EBDA (earnings before depreciation and amortization). In 2Q16, the segment alone accounted for 54% of the company’s total EBDA. The segment gathers, processes, transports, and stores natural gas, […]

    By Rekha Khandelwal, CFA
  • uploads///price range forecast
    Company & Industry Overviews

    What KMI’s Implied Volatility Tells about Its Price This Week

    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.

    By Rekha Khandelwal, CFA
  • uploads///impact of  tax cuts
    Earnings Report

    How Tax Cut Impacted Kinder Morgan’s 4Q17 Results

    The reduction of the corporate income tax rate from 35% to 21% impacted Kinder Morgan’s (KMI) results in 4Q17.

    By Rekha Khandelwal, CFA
  • uploads///distributable cash flows and capex
    Company & Industry Overviews

    Spectra Energy’s Capital Projects Should Fuel Its Dividend Growth

    Spectra Energy’s distributable cash flow for 3Q15 was $223 million, compared with $236 million in 3Q14.

    By Rekha Khandelwal, CFA
  • uploads///Growth In Debt of Midstream Companies
    Macroeconomic Analysis

    Most Midstream Companies Increased Debt in 3Q15

    The total debt for Williams Companies (WMB) and Energy Transfer Equity (ETE) grew by 87% and 32%, respectively, on a YoY (year-over-year) basis in fiscal 3Q15.

    By Rabindra Samanta
  • uploads///US cushing crude oil stocks
    Macroeconomic Analysis

    Why Did Cushing Crude Oil Stocks Hit a New Record?

    The U.S. Energy Information Administration reported that Cushing crude oil stocks rose by 36,000 barrels to 65 MMbbls for the week ending February 12, 2016.

    By Gordon Kristopher
  • uploads///trgp is trading at a valuation close to peer average
    Earnings Report

    Targa Resources’ Valuation Could Indicate a Buying Opportunity

    Targa Resources (TRGP) stock has tripled in the last year, outperforming its peers in the sector. Let’s take a look at the stock’s current valuation.

    By Rekha Khandelwal, CFA
  • uploads///Adjusted EPS vs
    Earnings Report

    Why Kinder Morgan’s 2Q15 Earnings per Share Estimate Is Low Again

    Kinder Morgan (KMI) beat analysts’ 1Q15 earnings per share estimate, but Wall Street lowered its 2Q15 estimate to $0.191 compared to $0.216 in 1Q15. That’s a decrease of 11.6%.

    By Kurt Gallon
  • uploads///kmi is up  percent in a year
    Company & Industry Overviews

    Will Kinder Morgan Stock Continue to Surge in 2017?

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

    By Rekha Khandelwal, CFA
  • uploads///KMI
    Company & Industry Overviews

    How Institutions Played Kinder Morgan in Q4 2018

    The Vanguard Group was the top institutional investor in midstream C corporation Kinder Morgan (KMI) during the fourth quarter.

    By Vineet Kulkarni
  • uploads///analysts are bullish on TRP ENB
    Energy & Utilities

    87% of Wall Street Analysts Rate TransCanada a ‘Buy’

    Of the analysts surveyed by Reuters, ~87% rated TransCanada (TRP) a “buy” and 13% rated it a “hold.” None of the surveyed analysts rated TRP a “sell.”

    By Rekha Khandelwal, CFA
  • uploads///lng
    Fund Managers

    Luxor Capital Establishes New Stake in Cheniere Energy

    In February 2015, Cheniere Energy announced that its 4Q14 and full-year results reported a net loss attributable to common stockholders of $158.6 million, or $0.70 per share.

    By Santiago Solari
  • uploads///NSPC
    Company & Industry Overviews

    How Dividend Increase Could Affect Williams Companies Stock

    Williams Companies (WMB) opened ~2% higher on Tuesday, February 21, 2017, after it announced a 50% increase in dividends from $0.20 per share to $0.30 per share.

    By Kurt Gallon
  • uploads///Comps
    Energy & Utilities

    Snapshot: Valuing Williams Companies compared to its peers

    Enterprise Products Partners (EPD) is the largest company by market capitalization and enterprise value, or EV, among its closest peers. By market cap, Williams Companies (WMB) follows next.

    By Alex Chamberlin
  • uploads///P EV
    Company & Industry Overviews

    Why Energy Transfer Partners’ enterprise value is encouraging

    Energy Transfer Partners’ enterprise value more than quadrupled between 2007 and 3Q14.

    By Manas Chowgule, CFA
  • uploads///nspc
    Earnings Report

    Why Cheniere Energy Is Weak ahead of 2Q17 Earnings

    Cheniere Energy (LNG) had a weak month in July. It fell a huge 7.2%, and the weakness continues in August.

    By Kurt Gallon
  • uploads///IV
    Energy & Utilities

    Where Williams Companies Could Trade in the Next 7 Days

    Williams Companies is expected to trade at $29.18–$30.78 in the next seven days based on its closing price of $29.98 on September 27.

    By Kurt Gallon
  • uploads///top underperformers
    Energy & Utilities

    TRGP, CQP, and NBLX: Top Midstream Gains and Losses

    Targa Resources (TRGP) was the top midstream underperformer last week. Targa Resources fell 8.0% for the week.

    By Rekha Khandelwal, CFA
  • uploads///kmi continues to trade weak
    Company & Industry Overviews

    Will Kinder Morgan Stock Continue to Trade Weak?

    Kinder Morgan is trading below its 50-day and 200-day moving average levels. The stock temporarily crossed above the 50-day moving average on September 25.

    By Rekha Khandelwal, CFA
  • uploads///NSPC
    Earnings Report

    ETE and ETP: What Do Analysts Recommend Post-1Q16?

    In this article, we’ll look analyst ratings for Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP) after the release of their 1Q16 data.

    By Kurt Gallon
  • uploads///Crude oil and natural gas forecast
    Earnings Report

    Why Watch Kinder Morgan’s Commodity Price Exposure in 2Q15?

    Kinder Morgan operates like a toll road or fee-based business with limited commodity price exposure. About 85% of KMI’s 2015 budgeted EBDA is fee-based, and 94% is fee-based or hedged.

    By Kurt Gallon
  • uploads///oke is up ytd
    Earnings Report

    Will ONEOK Continue to Outperform Its Peers?

    ONEOK is trading 4% above its 50-day moving average and 8% above its 200-day moving average.

    By Rekha Khandelwal, CFA
  • uploads///Organic Expansion Capital
    Earnings Report

    Why Sunoco Logistics Revised Its 2015 Capital Expenditure Targets

    Sunoco Logistics (SXL) will share the proportionate capital expenditure in the Bakken Pipeline project. This led SXL to revise its capital expenditure for 2015.

    By Kurt Gallon
  • uploads///epd is up  percent
    Earnings Report

    Will 1Q18 Earnings Support Enterprise Products Partners Stock?

    So far, Enterprise Products Partners (EPD) stock has risen ~1% in 2018. The stock has outperformed the Alerian MLP ETF (AMLP).

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    Phillips 66’s Midstream segment volumes are on track

    Midstream’s earnings recovery in year-to-date 2014 was aided by higher natural gas liquids (NGL) prices.

    By Alex Chamberlin
  • uploads///net debt to EBITDA
    Earnings Report

    What to Notice in ETE’s and ETP’s 4Q17 Results

    ETP ended 3Q17 with total outstanding debt of $34.3 billion, which represents a 4.3% increase compared to its total debt by the end of 2016.

    By Kurt Gallon
  • uploads///short interest in kmi
    Company & Industry Overviews

    Short Interest in KMI: Reading the Trend

    Short interest in KMI is on the lower side of its average of ~2.5% over the past five years.

    By Rekha Khandelwal, CFA
  • uploads///Energy
    Earnings Report

    Berkshire’s Energy Business Rises on Rates and Utilities in 3Q

    BHE’s earnings before taxes rose to $1,246 million in 3Q16 as compared to $1,153 million during the same quarter last year.

    By Robert Karr
  • uploads///kmi was stable in
    Company & Industry Overviews

    Why Kinder Morgan Rose 3% Last Week

    Kinder Morgan (KMI) rose 2.9% in the week ended Monday, June 5, 2017, recovering from some of its previous losses.

    By Rekha Khandelwal, CFA
  • uploads///ET stk
    Company & Industry Overviews

    Is Energy Transfer a Good Bargain?

    Energy Transfer looks relatively expensive compared to its peers. Energy Transfer is trading at a forward EV-to-EBITDA multiple close to 11x.

    By Vineet Kulkarni
  • uploads///institutional ownership
    Company & Industry Overviews

    What Institutional Investors’ Activity in ONEOK Indicates

    Nearly 75% of ONEOK’s (OKE) outstanding shares are currently held by more than 800 institutional investors.

    By Rekha Khandelwal, CFA
  • uploads///Energy sector
    Macroeconomic Analysis

    Why Is Apache Struggling with Its 100-Day Moving Average?

    Apache was trading 11.8% below its 100-day moving average. Since November 27, 2015, the stock has struggled to cross its 100-day moving average.

    By Sarah Sands
  • uploads///Indias CPI Combined
    Macroeconomic Analysis

    India’s Consumer Price Index Is Tethered but Risky

    The RBI had headroom to make a further rate reduction in August, but then the bank resisted, citing the rise in core inflation.

    By David Ashworth
  • uploads///KMI
    Company & Industry Overviews

    Kinder Morgan: Analysts’ Views and Target Price

    Kinder Morgan is trading at a forward EV-to-EBITDA valuation multiple close to 10.3x, which is lower than many of its peers.

    By Vineet Kulkarni
  • uploads///Energy
    Earnings Report

    Berkshire Hathaway’s BHE Benefits from Power Stations in 2Q16

    BHE’s earnings before taxes rose to $666 million in 2Q16, as compared to $649 million during the same quarter last year.

    By Robert Karr
  • uploads///WTI and Gasoline Prices
    Macroeconomic Analysis

    Do Crude Oil Prices Hold the Key to a Rate Hike in the US?

    Cushing, Oklahoma WTI prices fell to $41.93 a barrel on August 17—the lowest since early March 2009. Iran flooding the market with its oil is one of the reasons for this fall.

    By David Ashworth
  • uploads///kmi leverage
    Earnings Report

    Kinder Morgan’s Net Debt Rises $330 Million in 1Q18

    Kinder Morgan’s (KMI) net debt was ~$37.0 billion at the end of 1Q18, $331 million higher than at the end of 2017.

    By Rekha Khandelwal, CFA
  • uploads///crude oil demand and supply
    Energy & Utilities

    What Might Cap Rising Crude Oil Prices?

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

    By Rekha Khandelwal, CFA
  • uploads///anr
    Earnings Report

    It’s a ‘Buy’ for Both Williams Companies and Williams Partners

    At a broader level, 74.0% of analysts rate Williams Companies (WMB) a “buy,” and the remaining 26.0% rate it a “hold” as of August 2, 2017.

    By Kurt Gallon
  • uploads///forward ev to ebitda
    Company & Industry Overviews

    What Does Kinder Morgan’s Valuation Indicate?

    Kinder Morgan (KMI) is currently trading at a forward EV-to-EBITDA multiple of nearly 12.0x.

    By Rekha Khandelwal, CFA
  • uploads///IV
    Miscellaneous

    A Look at Williams Companies’ Price Forecast amid Uncertainty

    Williams Companies’ implied volatility Williams Companies’ (WMB) 30-day implied volatility was 22.8% as of June 14, 2017. Peers Energy Transfer Equity (ETE), ONEOK (OKE), and Kinder Morgan (KMI) had implied volatility of 32.5%, 22.6%, and 20.1%, respectively, as of June 14. In comparison, the Alerian MLP ETF (AMLP) has implied volatility of 17.5%. Williams Companies’ […]

    By Kurt Gallon
  • uploads///forward ev to ebitda multiples
    Company & Industry Overviews

    ETE, EPD, KMI, and WMB: What the Current Valuations Indicate

    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.

    By Rekha Khandelwal, CFA
  • uploads///pipeline image
    Company & Industry Overviews

    Enterprise Products Has Outperformed Its Peers in 2018

    So far, Enterprise Products Partners (EPD) has risen ~9% in 2018. The company has outperformed its peers in the midstream sector.

    By Rekha Khandelwal, CFA
  • uploads///us natural gas exports
    Macroeconomic Analysis

    What Factors Are Driving US Natural Gas Exports?

    Driven by higher exports and lower imports, the US became a net exporter of natural gas (UNG) for the first time in November 2016. US natural gas exports totaled ~202 Bcf by the end of September 2016, which is 42% higher than the five-year average of ~142 Bcf.

    By Kurt Gallon
  • uploads///Chart
    Macroeconomic Analysis

    SPY Jumped 1.6%, Rise in Oil Prices Bolstered US Equities

    January 14, 2016, saw a rally in the US equities represented by SPY and SPXL. The US dollar rose as the market showed optimism and oil prices picked up.

    By Renee Blakely
  • uploads///analyst recom
    Company & Industry Overviews

    More than 70% of the Analysts Rate ONEOK as a ‘Hold’

    Of the analysts surveyed by Reuters, 71% rated ONEOK (OKE) as a “hold.” Nearly 23% rated ONEOK as a “buy,” while 6% rated it as a “sell.”

    By Rekha Khandelwal, CFA
  • uploads///institutional ownership
    Company & Industry Overviews

    What Does Institutional Investor Activity in TEP Indicate?

    Tortoise Capital Advisors, Alps Advisors, and Salient Capital Advisors are the top three institutional investors in Tallgrass Energy Partners (TEP).

    By Rekha Khandelwal, CFA
  • uploads///Returns
    Miscellaneous

    Midstream companies withstand falling energy prices, for now

    Companies in the midstream sector don’t have direct exposure to falling energy prices. At least, not in the immediate term.

    By Alex Chamberlin
  • uploads///Comps
    Energy & Utilities

    Must-know: Williams Companies compared to its peers

    WMB’s LTM debt to EBITDA is one of the highest in the group because it has the lowest EBITDA. It also has one of the highest debt levels. This is a concern for investors.

    By Alex Chamberlin
  • uploads///kmi rose last week
    Miscellaneous

    Understanding Kinder Morgan’s Gains Last Week

    Kinder Morgan (KMI) gained 1.8% last week (ended April 28, 2017), after falling 5.2% the previous week (ended April 21).

    By Rekha Khandelwal, CFA
  • uploads///LNG
    Company & Industry Overviews

    An Overview of US LNG Production 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.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Energy & Utilities

    Oil Prices Fell, Dragged Top Midstream Companies Last Week

    Crude oil prices fell more than 10% in the week ending November 23. The top midstream companies also fell last week.

    By Rekha Khandelwal, CFA
  • uploads///ebitda vs consensus estimates
    Earnings Report

    Higher Volumes Drive ONEOK’s 2Q16 Earnings Growth

    ONEOK (OKE) reported its 2Q16 results on August 2, 2016, after the Market closed. Its 2Q16 analyst-adjusted EBITDA increased 15.2%.

    By Rekha Khandelwal, CFA
  • uploads///analyst recom
    Energy & Utilities

    61% of Analysts Call Magellan Midstream Partners a ‘Buy’

    On April 11, 2018, Mizuho cut Magellan Midstream Partners’ (MMP) price target from $72 to $66.

    By Rekha Khandelwal, CFA
  • uploads///pipeline image
    Energy & Utilities

    Weekly Wrap-Up: Kinder Morgan Fell Marginally Last Week

    Kinder Morgan (KMI) stock fell 0.3% in the week that ended on June 8.

    By Rekha Khandelwal, CFA
  • uploads///Article
    Macroeconomic Analysis

    Oil-Focused ETF Slides with Falling Inflation

    With a 3.3% drop in energy prices, the producer price index is declining while energy-based stocks are falling. August’s PPI for final demand remains unchanged compared to 0.2% in July.

    By Lara Sheldon
  • uploads///image
    Energy & Utilities

    API Reports a Drop in US Crude Oil Inventories

    The API reported that US crude oil inventories decreased by 1.85 MMbbls (million barrels) on April 27–May 4.

    By Gordon Kristopher
  • uploads///KMI
    Energy & Utilities

    Have Wall Street Analysts Changed Ratings on Kinder Morgan?

    Of the analysts surveyed by Reuters, 45% rate Kinder Morgan (KMI) as a “hold,” while 55% rate the stock as a “buy.”

    By Rekha Khandelwal, CFA
  • uploads///kmi is down  percent ytd
    Energy & Utilities

    Kinder Morgan: Analysts Cut the Target Price Last Week

    Kinder Morgan (KMI) stock is trading 7% and 9% below its 50-day and 200-day moving averages, respectively.

    By Rekha Khandelwal, CFA
  • uploads///Revenues
    Earnings Report

    Spectra Energy reports mainly strong revenues and profits

    From 4Q13 to 4Q14, EBITDA jumped for Spectra Energy Partners and the Western Canada Transmission & Processing segments. But, Field Services recorded a loss.

    By Alex Chamberlin
  • uploads///kmi is down ytd
    Energy & Utilities

    Will Kinder Morgan Gain Upward Momentum?

    Kinder Morgan (KMI) stock surpassed its 50-day moving average on April 18. The stock is currently trading 3% above its 50-day moving average.

    By Rekha Khandelwal, CFA
  • uploads///stock market pic
    Company & Industry Overviews

    Enbridge Stock Fell 5.9% Due to Pipeline Delay, Downgrades

    On March 4, Enbridge (ENB) fell 5.9% due to the expected delay in its Line 3 Replacement project.

    By Rekha Khandelwal, CFA
  • uploads///top midstream gainers
    Energy & Utilities

    Recommendations for Top Midstream Gainers of 2019

    As 2019 comes to a close, let’s look at the top energy midstream gainers. ONEOK (OKE) stock has risen 35% in 2019, outperforming its midstream peers.

    By Rekha Khandelwal, CFA
  • uploads///analyst recom
    Earnings Report

    Wall Street Analysts See a 30% Upside for Kinder Morgan

    On April 17, 2018, Barclays cut its target price for Kinder Morgan (KMI) from $23 to $20.

    By Rekha Khandelwal, CFA
  • uploads///nspc
    Energy & Utilities

    Drivers behind Williams Companies’ Recent Market Performance

    William Companies (WMB) has recovered slightly after a weak August 2017, and it has risen 2.4% since last week. WMB has fallen 3.3% since the beginning of 2017.

    By Kurt Gallon
  • uploads///Dividend Cut
    Company & Industry Overviews

    Kinder Morgan Cuts Dividends by 75%

    Kinder Morgan (KMI), the midstream energy giant, announced a ~75% quarterly dividend cut in its annual outlook release for 2016 on Tuesday.

    By Kurt Gallon
  • uploads///featured image
    Energy & Utilities

    MLPs Have Outperformed Broader Markets So Far in 2019

    Top MLP and midstream stocks have performed strongly so far in 2019. Stocks surged across the board.

    By Rekha Khandelwal, CFA
  • uploads///kmi fell
    Company & Industry Overviews

    Kinder Morgan Fell 1.8% Last Week—What’s Next?

    Kinder Morgan (KMI) fell 1.8% last week (ended October 20), while Enterprise Products Partners (EPD) and ONEOK (OKE) fell ~4.3% and ~0.8%, respectively.

    By Rekha Khandelwal, CFA
  • uploads///EPD Share Price
    Energy & Utilities

    An investor’s introduction to Enterprise Products Partners

    Enterprise Products Partners (EPD) is one of the largest midstream master limited partnerships or MLPs and a significant component of the Alerian MLP ETF (AMLP).

    By Alex Chamberlin
  • uploads///KMI Simple structure
    Miscellaneous

    Midstream mergers and acquisitions: What are the returns?

    There are many reasons that prompt companies to pursue mergers and acquisitions. For midstream companies, most have to do with leverage and financing.

    By Alex Chamberlin
  • uploads///trgp underperformed peers in
    Company & Industry Overviews

    TRGP, KMI, and DCP to Jointly Develop Gulf Coast Pipeline

    On October 4, Targa Resources (TRGP) announced a letter of intent with a Kinder Morgan (KMI) subsidiary and DCP Midstream (DCP) for the joint development of the Gulf Coast Express Pipeline project.

    By Rekha Khandelwal, CFA
  • uploads///okes ytd returns exceed peers
    Earnings Report

    Will ONEOK’s 2Q16 Results Contribute to Its Outperformance?

    ONEOK (OKE) has generated total returns of 86% so far in 2016. In comparison, KMI, OKS, and WMB have generated total returns of 35%, 40%, and -0.2%, respectively.

    By Rekha Khandelwal, CFA
  • uploads///kmi fell
    Miscellaneous

    Kinder Morgan Continued to Fall Last Week

    Kinder Morgan (KMI) fell 1.4% for the week ending May 12, 2017. It fell 2.1% the previous week ending May 5, 2017. XLE rose 0.7% last week.

    By Rekha Khandelwal, CFA
  • uploads///image
    Company & Industry Overviews

    Kinder Morgan Gained Marginally in the Week Ended March 16

    Kinder Morgan (KMI) stock was up 0.5% in the week ended March 16, 2018. Crude oil prices were up 0.5% for the week.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Company & Industry Overviews

    Top Midstream Stocks Ended Last Week with Gains

    The top midstream sector stocks including Energy Transfer (ET), MPLX (MPLX), and Kinder Morgan (KMI) rose during the week ending February 1.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Energy & Utilities

    Analyzing Trends in Top Midstream Companies’ Price Targets

    Six out of the top ten midstream companies currently have a lower mean price target than they had a year ago.

    By Rekha Khandelwal, CFA
  • uploads///peers cmprsn
    Company & Industry Overviews

    Key comparison between MPLX and its peers

    MPLX shows the steepest fall in its EV/EBITDA, indicating expectations for the strongest EBITDA growth among its peers here.

    By Keisha Bandz
  • uploads///ebitda growth
    Company & Industry Overviews

    EPD and MPLX Have High Earnings Growth

    Kinder Morgan’s adjusted EBITDA grew 7% YoY in the second quarter. The EBITDA grew at an average rate of 4% over the last six quarters.

    By Rekha Khandelwal, CFA
  • uploads///Energy stocks
    Consumer

    Do US Energy Stocks Look Promising?

    Crude oil production continues to rise, and oil prices remain at $50. Despite that, US energy stocks aren’t getting investors’ interest.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Earnings Report

    Highlights from Kinder Morgan’s Fourth-Quarter Earnings

    Kinder Morgan reported its fourth-quarter earnings on January 16 after the markets closed. Kinder Morgan’s adjusted EPS grew ~19% YoY.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Company & Industry Overviews

    Is Kinder Morgan Stock Undervalued?

    Kinder Morgan’s lower forward EV-to-EBITDA multiple indicates that the stock might be undervalued. Kinder Morgan’s EV-to-EBITDA multiple is 9.6x.

    By Rekha Khandelwal, CFA
  • uploads///kmi rose last week
    Company & Industry Overviews

    Kinder Morgan Moves Ahead with the Gulf Coast Express Pipeline

    Kinder Morgan rose 0.7% last week. The stock rose 1.7% on Thursday—the day that the FID on the Gulf Coast Express Pipeline project was announced.

    By Rekha Khandelwal, CFA
  • uploads///ownership
    Energy & Utilities

    BlackRock Added a Major Position in Williams Companies

    Of the analysts, 71.4% rate Williams Companies as a “buy,” while 28.6% rate it as a “hold” as of February 23, 2018.

    By Kurt Gallon
  • uploads///pdh facility
    Company & Industry Overviews

    Enterprise Products Partners to Spend $3 Billion on Growth

    Enterprise Products Partners (EPD) spent $3.4 billion on capital projects in 2017.

    By Rekha Khandelwal, CFA
  • uploads///Distribution
    Company & Industry Overviews

    Spectra Energy’s distribution and western Canada assets

    In this section, we’ll look into the company’s assets in the distribution and western Canada transmission & processing segments.

    By Alex Chamberlin
  • uploads///dcf growth over  yrs
    Company & Industry Overviews

    MMP Expects 2.8% Growth in Its 2018 Distributable Cash Flow

    Magellan Midstream Partners (MMP) expects its 2018 DCF (distributable cash flow) to be $1.1 billion—2.8% higher than its 2017 DCF. Its DCF rose 7.8% in 2017.

    By Rekha Khandelwal, CFA
  • uploads///analyst recom
    Earnings Report

    Is Kinder Morgan a ‘Buy’ Ahead of Its Q1 Results?

    Around 76% of Reuters-surveyed analysts have rated Kinder Morgan (KMI) as a “buy” or a “strong buy” as of April 9.

    By Rekha Khandelwal, CFA
  • uploads///analysts bullish on kmi
    Company & Industry Overviews

    The Word on the Street: What Analysts Are Saying about Kinder Morgan

    The analyst average target price for KMI for the next year is $24.8, which implies a 15% price return, as compared to KMI’s current price of $21.5.

    By Rekha Khandelwal, CFA
  • uploads///pressure water line _
    Company & Industry Overviews

    Top Midstream Stocks: Analysts’ Views and Target Prices

    At the beginning of 2019, the top midstream stocks had a fairly good start. So far in 2019, the top midstream stocks have risen more than 10%.

    By Vineet Kulkarni
  • uploads///pipes _
    Earnings Report

    What Drove Energy Transfer’s Q3 2018 Earnings

    Energy Transfer (ET) reported its third-quarter earnings last week. Despite its strong performance, the stock has fallen more than 6% since then.

    By Vineet Kulkarni
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.