In today’s session Kinder Morgan Inc (KMI) registered an unusually high (355) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious KMI increase. With 355 contracts traded and 36204 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: KMI161021C00021000 closed last at: $1.57 or 28.6% down. About 3.11 million shares traded hands. Kinder Morgan Inc (NYSE:KMI) has risen 18.41% since March 3, 2016 and is uptrending. It has outperformed by 10.07% the S&P500.
Analysts await Kinder Morgan Inc (NYSE:KMI) to report earnings on October, 19. They expect $0.15 EPS, down 21.05% or $0.04 from last year’s $0.19 per share. KMI’s profit will be $336.63M for 37.33 P/E if the $0.15 EPS becomes a reality. After $0.15 actual EPS reported by Kinder Morgan Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Kinder Morgan Inc (NYSE:KMI) Ratings Coverage
Out of 14 analysts covering Kinder Morgan (NYSE:KMI), 7 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 50% are positive. Kinder Morgan has been the topic of 37 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Argus Research given on Thursday, December 3. The company was maintained on Monday, September 28 by Bank of America. The stock of Kinder Morgan Inc (NYSE:KMI) earned “Neutral” rating by Credit Suisse on Thursday, March 17. As per Monday, July 18, the company rating was maintained by Barclays Capital. Citigroup maintained the shares of KMI in a report on Tuesday, July 19 with “Neutral” rating. The firm earned “Outperform” rating on Thursday, January 28 by Credit Suisse. As per Thursday, October 22, the company rating was maintained by RBC Capital Markets. The stock of Kinder Morgan Inc (NYSE:KMI) earned “Hold” rating by Stifel Nicolaus on Tuesday, October 4. The firm has “Market Perform” rating given on Wednesday, May 11 by Bernstein. The rating was upgraded by Stifel Nicolaus to “Buy” on Thursday, January 28.
According to Zacks Investment Research, “Kinder Morgan, Inc. is engaged in energy transportation and storage in North America. The Company handles energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2). The Company operates: natural gas pipelines in the Rocky Mountains, the Midwest and Texas; refined petroleum products pipeline in North America; terminals for the storage of petroleum products and chemicals and CO2 pipelines and oil producing fields. Kinder Morgan, Inc. is headquartered in Houston, Texas.”
Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.02, from 1.01 in 2016Q1. The ratio dived, as 80 funds sold all Kinder Morgan Inc shares owned while 332 reduced positions. 81 funds bought stakes while 325 increased positions. They now own 1.20 billion shares or 1.62% less from 1.22 billion shares in 2016Q1.
Moreover, Concannon Wealth Mgmt Limited Liability Co has 0.03% invested in Kinder Morgan Inc (NYSE:KMI) for 1,414 shares. Paloma Prtn holds 0.03% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 151,651 shares. Benchmark Advisors reported 14,081 shares or 0.22% of all its holdings. Moreover, Independent Consultants Incorporated has 0.02% invested in Kinder Morgan Inc (NYSE:KMI) for 2,670 shares. Omers Administration last reported 53,900 shares in the company. Ronna Sue Cohen accumulated 0.73% or 52,561 shares. Mariner Wealth Advsrs Ltd Liability Company holds 85,234 shares or 0.09% of its portfolio. Edge Asset Mgmt has 0.03% invested in the company for 165,429 shares. Moreover, Westpac Bk has 0% invested in Kinder Morgan Inc (NYSE:KMI) for 518,776 shares. Citigroup has 932,784 shares for 0.02% of their US portfolio. New South Cap accumulated 0.01% or 18,193 shares. Eagle Global Ltd Limited Liability Company has invested 0.89% of its portfolio in Kinder Morgan Inc (NYSE:KMI). Natl Asset Mngmt Inc last reported 0.06% of its portfolio in the stock. Assets Ltd Liability Corp holds 0.64% or 140,000 shares in its portfolio. State Board Of Administration Of Florida Retirement System has invested 0.16% of its portfolio in Kinder Morgan Inc (NYSE:KMI).
Kinder Morgan, Inc. is an energy infrastructure firm in North America. The company has a market cap of $50.27 billion. The Firm divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. It has a 608.03 P/E ratio. The Company’s Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals.
KMI Company Profile
Kinder Morgan, Inc., incorporated on August 23, 2006, is an energy infrastructure firm in North America. The Firm owns an interest in or operates approximately 84,000 miles of pipelines and over 180 terminals. The Company’s divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Company’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle products, such as coal, petroleum coke and steel.
More notable recent Kinder Morgan Inc (NYSE:KMI) news were published by: Fool.com which released: “Forget Kinder Morgan, Inc.: Here Are 3 Better Dividend Stocks” on September 28, 2016, also Fool.com with their article: “Kinder Morgan, Inc.’s Worst Moves in 2016 So Far” published on September 27, 2016, Fool.com published: “Kinder Morgan, Inc.’s Biggest Failure in 2016 So Far” on September 21, 2016. More interesting news about Kinder Morgan Inc (NYSE:KMI) were released by: Fool.com and their article: “If You Love Kinder Morgan Inc., You Should Check Out Enbridge Inc.” published on September 18, 2016 as well as Fool.com‘s news article titled: “Kinder Morgan, Inc.’s Best Moves in 2016 So Far” with publication date: September 13, 2016.
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