Kinder Morgan(KMI)

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Is Kinder Morgan the Best Dividend Stock for You?
The Motley Fool· 2024-01-28 12:20
Energy stock Kinder Morgan (KMI 0.64%) has a 6.5% dividend yield, which is well above the 1.4% you'd collect from an S&P 500 index fund. The investment-grade midstream giant has increased its dividend annually since 2018. There are clear reasons to like the stock, but that doesn't mean investors should buy it over other options.Here's why Kinder Morgan may not be the best dividend stock for you.Kinder Morgan should be a boring businessKinder Morgan is a midstream company, which means it owns pipelines, stor ...
This 10%-Plus Yielding Dividend Stock Continues to Push its Payout Higher
The Motley Fool· 2024-01-28 12:18
NextEra Energy Partners (NEP -1.34%) currently offers a monster dividend yield (nearly 12%). Usually, a yield that high suggests a company is at a high risk of reducing its payout. While that's certainly still a possibility, the clean energy infrastructure company continues to push its big-time payout even higher.Here's a look at what's powering the company's ability to increase its dividend and whether that can continue.A solid year despite the turbulenceNextEra Energy Partners recently closed the books on ...
Kinder Morgan Wants to Capture This Multitrillion-Dollar Opportunity
The Motley Fool· 2024-01-26 11:24
Kinder Morgan (KMI 2.60%) currently makes most of its money supporting the natural gas market (64% of its current business mix is natural gas-related). However, the company has a meaningful carbon dioxide segment (10% of its earnings). That business could grow into a much larger future contributor for the midstream giant. Fueling that view is the potentially massive opportunity for carbon capture and storage, which oil major ExxonMobil (XOM 2.54%) forecasts will grow into a $4 trillion global market by 2050 ...
Kinder Morgan's Stock Pullback Creates A Strong Buying Opportunity
Seeking Alpha· 2024-01-24 06:59
Houston Chronicle/Hearst Newspapers via Getty Images/Hearst Newspapers via Getty Images Kinder Morgan (NYSE:KMI) closed out FY23 with mixed results. Between sliding revenue due to the soft commodities market and strengthening EBITDA margins, the firm has remained resilient in both managing operations and investing in growth projects and asset acquisition. I believe the runway for Kinder Morgan is strong as the firm bolsters its Texas intrastate assets, its renewable natural gas and renewable diesel assets, ...
Kinder Morgan: Growth Acceleration Ahead
Seeking Alpha· 2024-01-23 22:22
onurdongelKinder Morgan, Inc. (NYSE:KMI) management found an acquisition that's causing a total revision to fiscal year 2024 guidance. Earnings should increase by 15% in the current fiscal year. That's quite an accomplishment for a company of this size. Oftentimes, a small acquisition like the one made has the effect of a giant de-bottle-necking project. More importantly, as production has grown, there are a lot more supporting infrastructure projects coming to the attention of midstream companies like ...
Kinder Morgan to Hold 2024 Investor Day
Businesswire· 2024-01-22 12:00
HOUSTON--(BUSINESS WIRE)--Representatives of Kinder Morgan, Inc. (KMI) intend to make presentations in Houston, Texas on January 24, 2024 at the Kinder Morgan 2024 Investor Day regarding the company’s strategy and long-term outlook, the results for fiscal year 2023 and the financial budget for 2024. Interested parties will be able to view the materials to be presented at the event by visiting KMI’s website at: https://ir.kindermorgan.com/events-and-presentations/default.aspx. The presentations will also be ...
This High-Yielding Dividend Stock Expects to Have Plenty of Fuel to Continue Growing
The Motley Fool· 2024-01-20 11:39
Kinder Morgan (KMI -0.64%) has two growth engines: acquisitions and expansion projects. Both will play starring roles in 2024. The company completed a $1.8 billion acquisition late last year while putting $965 million of capital projects into service in the year's final quarter alone. Those catalysts drive the company's outlook for distributable cash flow to rise by 8% per share this year. After finishing several expansion projects last year, Kinder Morgan has a growth-capital backlog that is much lighter. ...
Looking for High Dividend Yields? This Energy Stock Can Make Investors a Lot of Money
The Motley Fool· 2024-01-19 15:45
In this video, Motley Fool contributor Jason Hall breaks down Kinder Morgan (KMI -0.26%) and how it's positioned to continue delivering strong cash flows, paying a high dividend yield, and growing the payout for the long term.*Stock prices used were from the morning of Jan. 18, 2023. The video was published on Jan. 20, 2023. ...
Cash-cow Kinder Morgan is a buy for income seekers
MarketBeat· 2024-01-19 12:11
Key PointsKinder Morgan struggled in Q4, but margin strength stands out. Cash flow and distributable cash flow are solid and support the capital return outlook. The stock is a value trading below the S&P 500 average and paying a 6% yield. 5 stocks we like better than Kinder MorganKinder Morgan NYSE: KMI had a weak Q4, with the top and bottom line results falling short of the consensus estimates. The top line missed consensus by a wide margin due to a decline in volume, but so what? At the same time, the com ...
After a Solid 2023, This High-Yield Dividend Stock Expects to Make Even More Money in 2024
The Motley Fool· 2024-01-19 11:40
Kinder Morgan (KMI -1.42%) made a lot of money in 2023. The natural gas pipeline giant recently reported that it hauled in over $4.7 billion of distributable cash flow for the year. While that was down from 2022's total due to lower commodity prices and higher interest rates, it was more-than-enough cash to cover the company's 6.4%-yielding dividend.The natural gas infrastructure giant expects to make even more money this year. It recently closed its acquisition of STX Midstream from NextEra Energy Partners ...