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Does anybody like Kinder Morgan?
Posted on 7/17/16 at 11:24 am
Posted on 7/17/16 at 11:24 am
Looking at putting some money into Kinder Morgan, (KMI), any thoughts?
3
Posted on 7/17/16 at 3:19 pm to PolyPusher86
I do. $21 is way undervalued. Great cash coverage. Best midstream assets in US. Only negative is debt which management is addressing. Part of the growing pains of going from MLP to C-Corp.
Posted on 7/17/16 at 4:34 pm to PolyPusher86
I told my broker I liked Kinder Morgan a few weeks ago when it was sitting around $17.20, which was close to an all-time low for them. IMO it would have been a good buy then on its own, but now with Southern Companies coming in the picture I think it's a great buy.
IMO it's a buy and hold type investment.
IMO it's a buy and hold type investment.
This post was edited on 7/17/16 at 4:35 pm
Posted on 7/17/16 at 5:09 pm to PolyPusher86
I own quite a bit of KMI. Now is a good time to buy IMO.
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