Kinder Morgan Inc. (KMI): Today's Featured Energy Laggard
(
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Kinder Morgan fell $0.56 (-1.4%) to $39.75 on light volume. Throughout the day, 1,886,668 shares of Kinder Morgan exchanged hands as compared to its average daily volume of 3,527,100 shares. The stock ranged in price between $39.59-$40.45 after having opened the day at $40.23 as compared to the previous trading day's close of $40.31. Other companies within the Energy industry that declined today were:
(
), down 33.3%,
(
), down 7.0%,
(
), down 6.7% and
(
), down 6.1%.
Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company operates in six segments: Natural Gas Pipelines, Products Pipelines KMP, CO2 KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other. Kinder Morgan has a market cap of $41.5 billion and is part of the basic materials sector. Shares are up 13.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Kinder Morgan
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Kinder Morgan Ratings Report.
On the positive front,
(
), up 38.7%,
(
), up 13.3%,
Apco Oil and Gas International
(
), up 12.2% and
Andatee China Marine Fuel Services Corporat
(
), up 10.9% , were all gainers within the energy industry with
(
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
null