Crude oil (WTI) is lower by 0.08% to $38.25 per barrel and Brent crude is edging up by 0.33% to $39.27 per barrel this afternoon.
Earlier today, the price of the commodity rallied on a weaker dollar and lower-than-expected stockpiles, the Wall Street Journal reports.
Oil is less expensive to foreign currency holders when the greenback is lower.
Additionally, U.S. crude stockpiles climbed by 2.3 million barrels last week, according to data from the Energy Information Administration (EIA). Analysts were expecting a build of 3.3 million barrels.
"Overall, I would categorize the report as more neutral than anything else," Dominick Chirichella, senior partner at the Energy Management Institute, told Reuters.
Kinder Morgan is a Houston-based energy and energy infrastructure company in North America.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D+ on the stock.
This is driven by a few notable weaknesses, which should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks covered.
The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income, generally high debt management risk, disappointing return on equity and feeble growth in its earnings per share.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: KMI