KINDER MORGAN: Natural Gas Prices Surge +1.3%

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Kinder Morgan Stock Fair Value – Kinder Morgan ($NYSE:KMI) is one of the largest energy infrastructure companies in North America. They own and operate an extensive network of pipelines and terminals that transport crude oil, natural gas, and refined products. Natural gas prices have been volatile in recent months, but on Monday they surged +1.3% to $3.29 per front-month Nymex contract.

This was driven by shoppers looking for a deal as prices have been falling. Kinder Morgan’s share price has also been volatile, but the company’s strong financial position and diversified asset base has helped to insulate it from some of the worst of the downturn. Looking forward, Kinder Morgan is well-positioned to benefit from the expected rebound in energy demand as the world economy recovers from the pandemic.

Market Price

On Monday, KINDER MORGAN stock opened at $17.6 and closed at $17.3, down by 1.4% from prior closing price of 17.5. So far, the news about the company has been mostly negative. One key reason for this is the current state of the natural gas market. Natural gas prices have been on the rise in recent months, and this has had a negative impact on KINDER MORGAN’s business. In particular, the company has been struggling to transport natural gas from production areas to markets where it is needed.

This has led to disruptions in supply and higher prices for consumers. KINDER MORGAN is working to improve its infrastructure and expand its capacity, but in the meantime, the company is facing significant challenges. It remains to be seen how KINDER MORGAN will weather this storm and how its stock will perform in the months to come.

VI Analysis – Kinder Morgan Stock Fair Value Calculator

KINDER MORGAN is one of the largest energy infrastructure companies in North America. It owns and operates an extensive network of oil, natural gas and refined products pipelines, terminals and storage facilities. The company’s fundamentals reflect its long-term potential, making it a good investment at current prices.

The fair value of KINDER MORGAN shares is around $22.2, calculated by VI Line. Now KINDER MORGAN stock is traded at $17.3, undervalued by 22%.

VI Peers

Kinder Morgan Inc is a leading pipeline transportation and energy storage company in North America. The company operates in three segments: Natural Gas Pipelines, Products Pipelines, and Terminals. Kinder Morgan’s competitors include ONEOK Inc, Kinetik Holdings Inc, and Keyera Corp.

– ONEOK Inc ($NYSE:OKE)

ONEOK Inc. is one of the largest energy midstream service providers in the United States. It owns and operates natural gas liquids (NGL) gathering, processing, transportation and storage assets, as well as natural gas pipelines. The company’s NGL business includes the gathering, processing and transportation of NGLs, as well as the storage and marketing of propane, butane and natural gasoline. The company’s natural gas business includes the transportation of natural gas through an interstate natural gas pipeline system.

– Kinetik Holdings Inc ($NASDAQ:KNTK)

Kinetik Holdings Inc is a publicly traded company with a market capitalization of 1.54 billion as of 2022. The company has a return on equity of 5.46%. Kinetik Holdings is engaged in the business of providing a range of energy storage solutions. The company’s products are used in a variety of applications including automotive, residential, commercial and industrial.

– Keyera Corp ($TSX:KEY)

Keyera Corp is a Canadian company that owns and operates energy infrastructure assets. Its business segments include natural gas gathering and processing, natural gas liquids (NGL) extraction and fractionation, transportation, storage and marketing, and power generation. The company has a market cap of 6.31B as of 2022 and a Return on Equity of 17.57%.

Summary

Investing in Kinder Morgan can be a good way to profit from the rising demand for natural gas. The company owns and operates one of the largest networks of natural gas pipelines in North America, and is also involved in the storage and transport of natural gas. Kinder Morgan has been investing heavily in expanding its natural gas pipeline infrastructure in recent years, and is well-positioned to benefit from the growing demand for natural gas. The company’s stock has been volatile in recent years, but could offer good potential for long-term growth.