What happened to Kinder Morgan?
2014: In August 2014, KMI announced that it would acquire all of the publicly held shares/units of KMP, KMR and EPB in an approximately $76 billion transaction. The transaction closed on November 26, 2014. Kinder Morgan is now one publicly traded company with a ticker on the New York Stock Exchange of KMI.
Is KMI a buy or sell?
The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Who owns KMI stock?
Institutional investors purchased a net $15.7 million shares of KMI during the quarter ended June 2019 and now own 60.07% of the total shares outstanding....Top 10 Owners of Kinder Morgan Inc.StockholderGeode Capital Management LLCStake1.58%Shares owned35,733,418Total value ($)675,718,9349 more columns
What is the target price for KMI?
Stock Price TargetsHigh$24.00Median$19.50Low$17.00Average$19.65Current Price$19.14
How high will Chevron stock go?
Chevron Corp (NYSE:CVX) The 25 analysts offering 12-month price forecasts for Chevron Corp have a median target of 180.00, with a high estimate of 213.00 and a low estimate of 130.00. The median estimate represents a +5.64% increase from the last price of 170.39.
Kinder Morgan Media Sentiment
Media Coverage
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
Kinder Morgan (NYSE KMI) News Headlines Today
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
Kinder Morgan Beats Q4 Earnings & Revenues Estimates
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
Segment Analysis
Kinder Morgan reported fourth-quarter 2020 adjusted earnings per share of 27 cents, beating the Zacks Consensus Estimate of 24 cents. The bottom line also increased from the year-ago quarter’s profit of 26 cents. The strong quarterly earnings were aided by contributions from the Texas Intrastate systems and Natural Gas Pipeline of America (NGPL).
Operational Highlights
Natural Gas Pipelines: Adjusted earnings before depreciation, depletion and amortization expenses, including amortization of excess cost of equity investments (EBDA), in the December quarter of 2020 were down 5% to $1,189 million from $1,248 million a year ago. Lower transportation and gathering volumes affected the performance.
DCF
Expenses related to operations and maintenance totaled $606 million, down from $679 million a year ago. However, total operating costs increased to $2,135 million in the fourth quarter from $1,421 million in the corresponding period of 2019.
Balance Sheet
The company’s fourth-quarter distributable cash flow (DCF) declined to $1,250 million from $1,354 million a year ago.
2021 Guidance
As of Dec 31, 2020, Kinder Morgan reported $1,184 million in cash and cash equivalents. The company’s long-term debt amounted to $30,838 million at quarter-end. Total debt-to-capitalization ratio at the end of the fourth quarter was 51.2%.
How much did Kinder Morgan make in 2019?
The midstream infrastructure provider expects its board of directors to hike dividend payment for 2021 by 3% to $1.08 per share (annualized). Notably, Kinder Morgan projects 2021 net income of $2.1 billion or earnings of 92 cents per share. The company also projects DCF for this year at roughly $4.4 billion.
What is natural gas pipeline?
Kinder Morganposted second-quarter 2019 adjusted earnings of 22 cents per share, missing the Zacks Consensus Estimate by a penny. However, the bottom line improved from the year-ago quarter’s 21 cents.
Kinder Morgan Beats Q4 Earnings & Revenues Estimates
Natural Gas Pipelines: Earnings before depreciation, depletion and amortization expenses, including amortization of excess cost of equity investments (EBDA) before certain items, in the segment for the June quarter of 2019 were up 7% year over year from $998 million to $1,071 million. Higher drilling activities and increasing production volumes of commodities in Eagle Ford and Haynesville plays helped the company boost its gathering and processing operations in Texas and Louisiana. This primarily enhanced the segment’s performance.
Segment Analysis
Kinder Morgan reported fourth-quarter 2020 adjusted earnings per share of 27 cents, beating the Zacks Consensus Estimate of 24 cents. The bottom line also increased from the year-ago quarter’s profit of 26 cents. The strong quarterly earnings were aided by contributions from the Texas Intrastate systems and Natural Gas Pipeline of America (NGPL).
Operational Highlights
Natural Gas Pipelines: Adjusted earnings before depreciation, depletion and amortization expenses, including amortization of excess cost of equity investments (EBDA), in the December quarter of 2020 were down 5% to $1,189 million from $1,248 million a year ago. Lower transportation and gathering volumes affected the performance.
DCF
Expenses related to operations and maintenance totaled $606 million, down from $679 million a year ago. However, total operating costs increased to $2,135 million in the fourth quarter from $1,421 million in the corresponding period of 2019.
Balance Sheet
The company’s fourth-quarter distributable cash flow (DCF) declined to $1,250 million from $1,354 million a year ago.
2021 Guidance
As of Dec 31, 2020, Kinder Morgan reported $1,184 million in cash and cash equivalents. The company’s long-term debt amounted to $30,838 million at quarter-end. Total debt-to-capitalization ratio at the end of the fourth quarter was 51.2%.
How much did Kinder Morgan stock gain in 2021?
The midstream infrastructure provider expects its board of directors to hike dividend payment for 2021 by 3% to $1.08 per share (annualized). Notably, Kinder Morgan projects 2021 net income of $2.1 billion or earnings of 92 cents per share. The company also projects DCF for this year at roughly $4.4 billion.
Is Piper Sandler upside or downside?
The Kinder Morgan Inc stock price gained 2.75% on the last trading day (Friday, 9th Jul 2021), rising from $18.17 to $18.67. During the day the stock fluctuated 2.30% from a day low at $18.26 to a day high of $18.68. The price has been going up and down for this period, and there has been a 2.36% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 12 million shares were bought and sold for approximately $218.23 million.