Kinder Morgan (KMI) has been a focal point in the investment world recently due to several notable circumstances. This energy infrastructure company has been fluctuating in accordance with the market, but its strategic position remains strong in the growing
natural gas sector. Despite some returns hitting a wall, KMI's
return on equity (ROE) along with its consistent
dividend payouts are seen as appealing to investors looking for high-quality stocks. Recent Q3 2024 earnings report anticipation highlight that KMI's hold strategy is being acknowledged as appropriate. Both, individual investors and institutions continue to purchase KMI shares expecting growth in the natural gas market filling the energy void and lifting the company's performance. The announcement of
KMI's expansion of their Southeast natural gas pipeline supports these expectations, citing considerable power demand. Quantum leaps also include the utilization of
AI and data centres as growth opportunities, along with the potential
boom of the natural gas market by 2025, which are contributing to the company's institutional backing of 66%. However, it's important to note that KMI's intrinsic value is potentially sitting below its share price which could be cause for concern. The company is also leveraging carbon credits in their new Texas oilfield.
Kinder Morgan KMI News Analytics from Tue, 02 Apr 2024 07:00:00 GMT to Fri, 04 Oct 2024 14:23:29 GMT -
Rating 5
- Innovation 0
- Information 8
- Rumor -3
