Kinder Morgan Inc. (KMI): Today's Featured Basic Materials Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Kinder Morgan ( KMI) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Kinder Morgan fell $0.48 (-1.3%) to $35.37 on average volume. Throughout the day, 3,935,374 shares of Kinder Morgan exchanged hands as compared to its average daily volume of 5,245,500 shares. The stock ranged in price between $35.11-$35.76 after having opened the day at $35.72 as compared to the previous trading day's close of $35.85. Other companies within the Basic Materials sector that declined today were: GeoPetro Resources Company ( GPR), down 26.2%, China Gengsheng Minerals ( CHGS), down 16.7%, KiOR ( KIOR), down 7.8% and ZaZa Energy ( ZAZA), down 7.6%.

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 $37.5 billion and is part of the energy industry. Shares are up 2.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and relatively poor performance when compared with the S&P 500 during the past year.

On the positive front, Entree Gold ( EGI), up 19.5%, Kimber Resources ( KBX), up 15.8%, Kimber Resources ( KBXR), up 15.8% and Golden Star Resources ( GSS), up 15.3% , were all gainers within the basic materials sector with Whiting Petroleum Corporation ( WLL) being today's featured basic materials sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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