In today’s session Kinder Morgan Inc (KMI) registered an unusually high (450) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious KMI increase. With 450 contracts traded and 784 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: KMI161216C00020500 closed last at: $1.22 or 0% . About 2.63 million shares traded hands. Kinder Morgan Inc (NYSE:KMI) has risen 25.71% since April 28, 2016 and is uptrending. It has outperformed by 19.78% the S&P500.
Analysts await Kinder Morgan Inc (NYSE:KMI) to report earnings on January, 18. They expect $0.18 EPS, down 33.33% or $0.09 from last year’s $0.27 per share. KMI’s profit will be $416.85 million for 30.69 P/E if the $0.18 EPS becomes a reality. After $0.16 actual EPS reported by Kinder Morgan Inc for the previous quarter, Wall Street now forecasts 12.50% EPS growth.
Kinder Morgan Inc (NYSE:KMI) Ratings Coverage
Out of 16 analysts covering Kinder Morgan (NYSE:KMI), 11 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 69% are positive. $44 is the highest target while $14 is the lowest. The $24.86 average target is 12.49% above today’s ($22.1) stock price. Kinder Morgan has been the topic of 41 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, August 14 by Tudor Pickering. The firm has “Buy” rating by Goldman Sachs given on Sunday, August 16. The rating was maintained by RBC Capital Markets on Thursday, December 3 with “Outperform”. Stifel Nicolaus upgraded it to “Buy” rating and $17 target price in Thursday, January 28 report. The firm earned “Buy” rating on Tuesday, November 10 by Argus Research. The rating was downgraded by Stifel Nicolaus on Tuesday, October 4 to “Hold”. The firm earned “Buy” rating on Monday, September 28 by Bank of America. The firm earned “Sector Perform” rating on Friday, January 29 by RBC Capital Markets. Argus Research downgraded the shares of KMI in a report on Thursday, December 3 to “Hold” rating. The company was upgraded on Thursday, August 18 by Morgan Stanley.
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 increased to 1 in Q2 2016. Its up 0.01, from 0.99 in 2016Q1. The ratio improved, 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.
Clearbridge Invests Ltd Liability Company has 0% invested in the company for 100,045 shares. Scotia Cap accumulated 0.05% or 131,302 shares. Yhb Advisors Inc accumulated 75,219 shares or 0.31% of the stock. Blb&B Advsr Limited Co holds 0.46% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 131,107 shares. Richmond Hill Investment L P owns 173,334 shares or 4.55% of their US portfolio. Moreover, Nomura Inc has 0.02% invested in Kinder Morgan Inc (NYSE:KMI) for 314,584 shares. The Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0.06% in Kinder Morgan Inc (NYSE:KMI). Selz Ltd Liability Corporation last reported 958,211 shares in the company. Employees Retirement Of Texas, a Texas-based fund reported 99,000 shares. Global Endowment Mngmt L P, a North Carolina-based fund reported 30,150 shares. Waterstone Capital Mngmt Limited Partnership owns 107,700 shares or 0.96% of their US portfolio. Moreover, Wms Partners Ltd Liability Com has 0.04% invested in Kinder Morgan Inc (NYSE:KMI) for 13,508 shares. Ashford Capital Mngmt, a Delaware-based fund reported 21,500 shares. Moreover, Verition Fund Management has 0.04% invested in Kinder Morgan Inc (NYSE:KMI) for 15,173 shares. Cim Mangement holds 0.11% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 14,022 shares.
Kinder Morgan, Inc. is an energy infrastructure firm in North America. The company has a market cap of $51.18 billion. The Firm divisions include Natural Gas Pipelines, carbon dioxide (CO2), Terminals, Products Pipelines, Kinder Morgan Canada and Other. It currently has negative earnings. 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 news for Kinder Morgan Inc (NYSE:KMI) were recently published by: Fool.com, which released: “Kinder Morgan Inc. Can Finally Move Forward on This Critical Pipeline” on November 30, 2016. Seekingalpha.com‘s article titled: “Kinder Morgan: The Good, Bad And Ugly Truth” and published on November 22, 2016 is yet another important article.
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