Kinder Morgan (KMI) has seen mixed performance with several swings both upward and downward. They recently purchased a Texas oilfield, looking toward a potential boost with carbon-tax green credits.
Q2 earnings and revenues failed to meet expectations, raising concerns among investors. However, many investors see KMI as a reliable source of income with a
6% yield mark. Some key figures within the company have sold shares, which might hint at potential internal doubts about KMI's future. Despite fluctuations, the company is highly favored among institutional investors. There are signs of weakness, such as a greater fall than the market and insiders selling stock. Now, KMI is leveraging
carbon credits via its new Texas oilfield. Its stock has seen a variety of changes, registering dips and growth. Yet, it appears to be showing signs of resilience in the face of market instability. Looking forward, KMI has strategic plans, including a focus on capturing incentives from carbon capture.
Kinder Morgan KMI News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 26 May 2024 18:21:47 GMT -
Rating 0
- Innovation -5
- Information 8
- Rumor -6
