Kinder Morgan, Inc. (NYSE:KMI)announced a binding joint tariff open season, seeking for shipping commitments to transport crude from the prolific Bakken Shale play through the Hiland Crude system. A subsidiary of Kinder Morgan, Hiland Crude, LLC, and a unit of Tallgrass Energy, LP TGE , Tallgrass Pony Express Pipeline, LLC, are working together on the project. Through their combined systems, the companies plan to transfer crude from the Bakken Shale to refineries along the Pony Express oil system and the market in Cushing, OK. The open season is expected to close on July 28, 2019.
The
insider ownership percentage is the key indicator, can be used by investors, to
measure the outlook of senior management has on their company. Insider
ownership for the KMI is 10.70%. Institutional ownership refers to the
ownership stake in a company that is held by large financial organizations,
pension funds or endowments. The Institutional ownership for the KMI is 65.30%.
Insider trading is the buying or selling of any publicly traded company’s stock
and this can be done by someone who has non-public, material information about
that KMI. Insider trading can be illegal or legal depending on when the insider
makes the trade. It is illegal when the material information is still
non-public. The insider transactions of the company (6-month change in insider
ownerships) for the Kinder Morgan, Inc. (NYSE:KMI) is 2.50%.
Institutional ownership is the amount of a Kinder Morgan, Inc. (NYSE:KMI)’s
available stock owned by mutual or pension funds, insurance companies,
investment firms, private foundations, endowments or other large entities that
actually manage the funds on the behalf of others, so its an interesting
element for the traders to note it, and the Institutional ownership for the KMI
is 0.61%.
[finviz ticker=KMI]
a Basic Materials sector firm, Kinder Morgan, Inc.
(NYSE:KMI) stock remains unchanged on Monday and when day-trade ended the stock
finally concluded at $20.88 and number of shares that changed hands during the
day are 9.64 Million. The number of shares KMI stock currently held by all its
shareholders are 2212.79 and floated shares, the number of shares are available
for trading in an open market on last trading day are 1953.04. The average
volume of shares for 3 months is 13733.14 and KMI stock value has moved between
$14.6 – 21.53 in last one year.
The Kinder Morgan, Inc. (NYSE:KMI)’s latest earnings date is 7/17/2019. The
Gross margin is the difference between the revenue and the cost of goods sold
(COGS), divided by revenue. In other words, Gross Margin is a percentage value,
while Gross Profit is a monetary value. The valuable gross margin for Kinder
Morgan, Inc. (NYSE:KMI) is 51.60% and the profit margin is 11.00% and the stock
has gained 35.76% in 2019 to date.
U.S. traded shares of Kinder Morgan, Inc. (NYSE:KMI)’s monthly stock
performance is 4.66%, the quarterly performance is 4.19%, the half year
performance is calculated as 36.56%. The yearly performance of KMI is 19.45%.
The higher the volatility, the riskier the security. For example, when the
stock market rises and falls more than one percent over a sustained period of
time, it is called a “volatile” market, if the stock price stays
relatively stable, the security has low volatility. The Kinder Morgan, Inc.
(NYSE:KMI) weekly volatility is measured as 1.70% and monthly volatility
measured as 1.65%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. KMI return on assets is 2.00%, the return on
equity (ROE) of the Kinder Morgan, Inc. (NYSE:KMI) is 4.60%, while the most
important return on investment is calculates as a percentage and is typically
used for personal financial decisions, and KMI return on investment is 4.10%.
The price to earnings ratio is 30.13, price to sales ratio is 3.26, and price
to book ratio is 1.41, price to cash per share ration is 209.06, price to free
cash flow is 15.19.
Analysts mean target price for Kinder Morgan, Inc. (NYSE:KMI) is $21.68 while
analysts mean recommendation is 2.20. The current share price indicates that
stock is -2.86% away from its one year high and is moving 42.82% ahead of its
52-week low. KMI’s distance from 20 day simple moving average is 0.76% and
distance from 50-Day simple moving average is 3.19%.
