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Kinder Morgan Energy Partners (KMP) was founded in 1997 when a group of investors acquired the general partner of a small, publicly traded pipeline limited partnership (Enron Liquids Pipeline, L.P.) later renamed Kinder Morgan Energy Partners, L.P. [3] Its cofounder Rich Kinder had been the president of Enron.
Kinder Morgan has a lofty yield and plans to keep growing its business, but the dividend history here should concern you.
Kinder Morgan Energy Partners LP (NYSE: KMI) (KMEP) is a subsidiary of Kinder Morgan, Inc. The company, which is classified as an oil and gas master limited partnership (MLP), [1] owns or operates petroleum product, natural gas, and carbon dioxide pipelines, related storage facilities, terminals, power plants and retail natural gas in the United States and Canada.
Meanwhile, with its stock price over $27 a share, Kinder Morgan now trades at more than 12 times its free cash flow, with $2.26 per share expected in 2024. However, those are still relatively ...
Kinder Morgan's history isn't particularly inspiring on this front. The story goes back to 2015, when management told investors on Oct. 21: "While we are at the beginning of our budget process for ...
Kinder Morgan reported stable third-quarter results in October. The natural gas pipeline giant's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was $1.8 billion ...
Including dividends, the total return from energy infrastructure giant Kinder Morgan (NYSE: KMI) stock has, in fact, doubled the index year to date through mid-October. Even for those who missed ...
Kinder Morgan has a hefty 5.5% yield, but is that enough to make the midstream giant worth buying?