The latest reports indicate that Kinder Morgan (KMI) is anticipated to announce its earnings on Wednesday, which has led to a surge in bullish options activity. The company has also set its Q1 2025 earnings date, providing key information for investors. Additionally, Rollins Financial Advisors LLC increased holdings while firms like Waterloo Capital L.P., Bessemer Group Inc., and Legal & General Group Plc reduced their shares. An average price target of $29.64 was announced following a reassessment by Scotiabank. KMI's performance in the market has been erratic as seen in its 5% drop over the last month amid broader market declines but also rising in other instances even as the market dipped. Moreover, AI and cryptocurrency demand for natural gas are being realized, which could further bolster KMI's earnings. Regarding infrastructure stocks, KMI is recommended by hedge funds. Yet, expanded holdings by World Investment Advisors and Applied Finance Capital Management LLC suggest investor confidence. A future boost is anticipated as Entergy Texas partners with KMI to fuel Southeast Texas growth. Despite DeepSeek concerns causing a 9.25% drop in KMI's stock, Kinder Morgan was upgraded to a 'strong buy' therefore promising prospects remain on the horizon.
Kinder Morgan KMI News Analytics from Wed, 25 Sep 2024 07:00:00 GMT to Sat, 12 Apr 2025 23:30:49 GMT - Rating 2 - Innovation 5 - Information -2 - Rumor -8
