Kinder Morgan Inc. (KMI) has recently been a topic of interest on Wall Street. The company's stock experienced a surge of 11% in October, and was up by 6.45% on November 6th. Additionally, the corporation's
Natural Gas strategies are seen as opportunities for growth. Despite a projected Intrinsic Value higher than the current share price, the Return Trends of KMI appear less appealing. The Q3 2024 Earnings Call Transcript indicated robust
Net Income Growth amidst revenue flux. The
Take-or-Pay business strategy of KMI gained attention with Q3 reports showing a notable surge in profit by 17.5%. Conversely, KMI missed the mark on top and bottom-line Q3 expectations, even though income increased. KMI was rated a 'Buy Now' recommendation due to the growing backlog of projects. The company is expanding its natural gas pipeline capacity, reflecting 'jaw-dropping' expectations for power demand. Hedge Funds also affirm KMI's growth in
Natural Gas Demand. However, there are also concerns about the firm's ROE and lack of safety margin, leading to downgrade. Notwithstanding the potential risks, KMI remains an attractive Infrastructure Stock Portfolio addition.
Kinder Morgan KMI News Analytics from Fri, 17 May 2024 07:00:00 GMT to Sat, 09 Nov 2024 10:18:13 GMT -
Rating 8
- Innovation -3
- Information 7
- Rumor -1
