Kinder Morgan Inc.'s (KMI) investors have experienced both growth and losses recently with a
3.2% drop over the past week but profitable returns in the long-term. The institution has attracted sizeable attention from investors, highlighted by the company's President,
Thomas A. Martin, selling 100,000 shares of stock. In an impressive move, KMI plans to expand its Southeast Natural Gas Pipeline, responding to expected
‘Jaw Dropping’ power demand. Furthermore, a recent
oilfield acquisition in Texas signifies a carbon-tax play. This follows news of
Board Member Joel V. Staff retiring. Even while the market grows, KMI's stocks have seen a decrease, although insiders at KMI have sold US$4.7m in stock, suggesting potential weakness. However, the robust institutional backing of 66% remains. It is also worth noting that despite a Q2 Earnings Miss, Kinder Morgan has plans for Gas Capacity Growth. KMI's Q2 earnings met estimates and the
Earnings per Share (EPS) guidance for 2024 increased, despite lagging in Q4 earnings. The corporation carries meaningful debt and insiders consider
AI operations to be potential growth opportunities.
Kinder Morgan KMI News Analytics from Mon, 15 Jan 2024 08:00:00 GMT to Sun, 04 Aug 2024 13:30:00 GMT -
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- Innovation -5
- Information 8
- Rumor -3
