Jim Cramer has shown consistent bullish attitude towards
Kinder Morgan, Inc. (KMI), causing institutional investors to hold
67% of the company. The company even saw a
stock surge of 11% in October. Investing in Kinder Morgan three years ago would have yielded a
107% gain. On a negative note, insiders at Kinder Morgan sold
US$29m in Stock, possibly alluding to potential weakness. On the flip side, the company's shares could potentially be
27% above their intrinsic value. Despite a small stock decline in the overall improving market, Kinder Morgan has been able to rise higher than the market. It is being noted that Kinder Morgan may experience
minimal dividend growth during 2025. However, despite dipping Q2 revenue, the company is optimistic about growth ahead due to the role of natural gas in filling energy voids. Kinder Morgan is also believed to have benefited from
Bank of Montreal purchasing 164,152 shares. On the other hand, there are reports on
Rockefeller Capital Management L.P. and
Dynamic Technology Lab Private Ltd selling substantial number of shares.
Kinder Morgan KMI News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Sat, 30 Nov 2024 05:32:17 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -2
