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Is Kinder Morgan stock a good buy?

Is Kinder Morgan stock a good buy?

Currently, Kinder Morgan Inc’s price-earnings ratio is 36.6. Kinder Morgan Inc’s trailing 12-month revenue is $15.7 billion with a 6.5% profit margin. Year-over-year quarterly sales growth most recently was -17.6%. Analysts expect adjusted earnings to reach $1.175 per share for the current fiscal year.

Is KMI a buy or sell?

For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25)….Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.75%
2 Buy 18.15%
3 Hold 9.70%
4 Sell 5.35%

What counts as Insider Trading?

Insider trading is the trading of a company’s securities by individuals with access to confidential or material non-public information about the company. Taking advantage of this privileged access is considered a breach of the individual’s fiduciary duty.

How many shares of KMI are there?

2.266B
Kinder Morgan 2021 shares outstanding were 2.266B, a 0.13% increase from 2020. Kinder Morgan 2020 shares outstanding were 2.263B, a 0.04% decline from 2019. Kinder Morgan 2019 shares outstanding were 2.264B, a 2.17% increase from 2018.

Who is Kinder Morgan owned by?

2014: In August, KMI acquires all of the publicly held shares/units of KMP, KMR and EPB in an approximately $76 billion transaction which closes on November 26. Kinder Morgan is now one publicly traded company with a ticker on the New York Stock Exchange of KMI.

Who owns KMI stock?

Institutional investors purchased a net $29.3 million shares of KMI during the quarter ended June 2019 and now own 61.89% of the total shares outstanding….Top 10 Owners of Kinder Morgan Inc.

Stockholder Geode Capital Management LLC
Stake 1.63%
Shares owned 37,045,445
Total value ($) 729,424,812

What is Kinder Morgan’s net worth?

Kinder Morgan net worth as of July 12, 2022 is $37.75B. Kinder Morgan, Inc. is a midstream energy infrastructure provider in North America.

What is Rich Kinder worth?

7.2 billion USD (2022)Richard Kinder / Net worth

Kinder is one of the seven self-made billionaires from Houston on the list, with a net worth of $11 billion. In 2020, he was ranked No. 103 on the Forbes 400 list of the richest people in America.

Did Kinder Morgan raise its dividend?

HOUSTON–(BUSINESS WIRE)– Kinder Morgan, Inc.’s (NYSE: KMI) board of directors today approved a cash dividend of $0.2775 per share for the first quarter ($1.11 annualized), payable on May 16, 2022, to stockholders of record as of the close of business on May 2, 2022.

Will KMI raise its dividend?

For 2022, KMI expects to generate net income attributable to KMI of $2.5 billion and declare dividends of $1.11 per share, a 3% increase from the 2021 declared dividends.

Is insider buying good for a stock?

Stock prices rise more after insiders’ net purchases than after net sales. On the whole, insiders do earn profits from their legal trading activities, and their returns are greater than those of the overall market.

How do you know if insider is buying?

The SEC’s Edgar database allows free public access to all filings related to insider buying and selling of stock shares. A number of financial information websites offer easier-to-use databases of insider buying.

Do you go to jail for insider trading?

Criminal Penalties. The maximum prison sentence for an insider trading violation is now 20 years. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000. Civil Sanctions.

Is Kinder Morgan a big company?

Kinder Morgan is one of the largest energy infrastructure companies in North America. We own an interest in or operate approximately 83,000 miles of pipelines and 141 terminals. Our pipelines transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and more.

Who owns the Kinder Morgan pipeline?

Until the August 31, 2018 purchase by CDEV, the Trans Mountain Pipeline was owned by the Canadian division of Houston, Texas-based pipeline operator Kinder Morgan. The pipeline has been in use since 1953. It is the only pipeline to run between these two areas….

Trans Mountain Pipeline
Diameter 610 mm (24 in)

How many billionaires are in Houston?

17
In all, the Forbes list features 64 Texas billionaires collectively worth $460.1 billion. (What pandemic?) Among the state’s metro areas, Dallas-Fort Worth leads with 27 billionaires, followed by Houston (17), Austin (10), and San Antonio (three).