Money and Finance
Recent Buy - Kinder Morgan Inc. (KMI)
Recently I initiated a new position in Kinder Morgan Inc. (KMI). I purchased 31 shares at a price of $35.40 which was $1097.40 total. There's been some weakness in the stock since July and it looked to be a good time to jump in at this point so I pulled the trigger.
Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company owns an interest in or operates approximately 75,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals and handle such products as ethanol, coal, petroleum coke and steel. The company also owns the general partner and approximately 11% of the limited partner interests of Kinder Morgan Energy Partners, L.P., referred to as ‘KMP.
This brings the energy portion of my portfolio up to nearly 20% total which is too much if I was not still accumulating stocks. However I thought that KMI was a good price at these levels so I made the purchase and I will worry about balancing my portfolio in future buys.
KMI Stock Chart
KMI Basic Statistics
- Ticker Symbol: KMI
- PE Ratio: 34.26
- Yield: 4.7%
- Dividend Growth 5yr: 10%
- Payout Ratio: 124%
- Market cap: $36.76 B
- Website: http://www.kindermorgan.com
KMI Dividend Growth
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Recent Buy
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Recent Buy - Kinder Morgan (kmi)
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Kinder Morgan To Combine Its Companies
NEW YORK (AP) — The group of oil and gas pipeline and storage companies controlled by Kinder Morgan but traded separately will combine and become the 4th biggest U.S. energy company by market value. The companies announced Sunday that Kinder Morgan...
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Recent Buy - Kinder Morgan Inc. (kmi)
It was a nice surprise when my boss gave us our bonus checks for the end of the year. I thought I'd put this money to work for me. So today I added to my position in Kinder Morgan Inc. (KMI). I purchased 31 shares at a price of $35.37 which gives...
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Recent Buys - Microsoft (msft), Chevron (cvx), Kinder Morgan (kmi)
Hi Everyone, January is turning out to be quite the month for purchases! I said I would probably invest more this month, but who knew I would invest this much. I currently have a good bit of savings ready to invest and instead of earning 1%...
Money and Finance