Kinder Morgan Shares Sink 0.82% in Favorable Trading Session

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Kinder Morgan ($NYSE:KMI) Inc.’s stocks dropped 0.82% to $16.89 on Monday, despite the stock market having a generally positive day. Kinder Morgan Inc. is one of the leading oil and gas companies in North America, with operations in the US, Canada, and Mexico. The company’s core business is pipeline transportation and storage, with an emphasis on natural gas. It also produces and markets products and services related to the energy industry including natural gas liquids, crude oil, and refined petroleum products.

Despite the overall bullish sentiment in the market, Kinder Morgan Inc.’s stocks fell as investors reacted to news surrounding the company. Some analysts have attributed the decline in the stock to growing concerns about the current economic crisis and its possible impact on the energy sector. Despite these fears, Kinder Morgan Inc. is still well positioned to take advantage of opportunities that may come up in a post-pandemic world.

Analysis

GoodWhale has conducted an examination of the wellbeing of KINDER MORGAN. According to Star Chart, KINDER MORGAN has an intermediate health score of 6/10, taking into account its cashflows and debt. We conclude that KINDER MORGAN is likely to be able to safely ride out any crisis without the risk of bankruptcy. KINDER MORGAN is classified as a ‘cheetah’ type company, meaning it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. For investors seeking a combination of stability and high returns, KINDER MORGAN may be an attractive option. Although it is weak in terms of assets, KINDER MORGAN has strong prospects for dividend and medium prospects for growth and profitability. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Kinder Morgan. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Kinder Morgan. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Kinder Morgan. More…

Key Ratios Snapshot

Some of the financial key ratios for Kinder Morgan are shown below. More…

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

Kinder Morgan Inc. had a negative trading session on Monday, with its stock price dropping 0.82% to close at $16.89. The decline was in contrast to the overall positive performance of the stock market on the day. Investors should carefully consider factors affecting KINDER MORGAN’s performance such as the company’s financial health, competitive landscape, and future prospects before making any investing decisions. Additionally, regular monitoring of the stock price and company news can provide useful insights into the investment climate.