Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Kinder Morgan fell $0.49 (-1.2%) to $39.11 on average volume. Throughout the day, 4,226,733 shares of Kinder Morgan exchanged hands as compared to its average daily volume of 4,367,700 shares. The stock ranged in price between $39.02-$39.87 after having opened the day at $39.59 as compared to the previous trading day's close of $39.60. Other companies within the Energy industry that declined today were:
), down 23.0%,
), down 17.4%,
), down 7.2% and
), down 6.9%.
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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 $40.9 billion and is part of the basic materials sector. The company has a P/E ratio of 64.8, above the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Kinder Morgan as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and relatively poor performance when compared with the S&P 500 during the past year.
- You can view the full Kinder Morgan Ratings Report.
On the positive front,
), down 74.8%,
), down 18.6%,
), down 14.4% and
), down 12.0% , 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.
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