KMI Stock Recent News
KMI LATEST HEADLINES
Kinder Morgan (KMI) closed the most recent trading day at $21.12, moving -0.05% from the previous trading session.
Natural gas prices are trading near historical lows and will likely remain depressed because supply is so high and capacity is rising, which is good news for Kinder Morgan NYSE: KMI. According to many sources, demand for liquified natural gas (LNG) is expected to boom due to low prices and the rising need for energy.
KMI generates stable fee-based revenues from its vast network of midstream infrastructure. However, a slowdown in drilling activities might affect it.
At recent share prices, Kinder Morgan's dividend yield is above 5%. The pipeline giant has increased its payouts for seven straight years.
There are many reasons for the market to be bearish today, but the primary ones are the FOMC and the outlook for interest rates. The FOMC is set to cut rates this year, but the economic data isn't cooperating the way the market would like.
24/7 Wall St. Insights Goldman Sachs is one of the premier investment banks in the world.
There's growth ahead for Kinder Morgan stock as it operates 79,000 miles of pipelines and 139 storage terminals, most for natural gas.
Brookfield Renewable expects to grow its 5%-yielding dividend by at least 5% per year. Kinder Morgan should have plenty of fuel to continue increasing its payout.
Kinder Morgan shares are in a bull market, up 21.74% in the past year. KMI is positioned to benefit from the growing demand for AI and data centers. KMI has improved its financial position since 2015, with the potential for continued growth and dividend increases.
Kinder Morgan remains a strong dividend stock with inflation-protected revenue streams and a 5.5% yield. KMI's business performance is solid, with steady earnings and growth opportunities in natural gas expansion and data centers' power demand. Despite not being as cheap as before, KMI remains attractively priced.