Insider Trading Watch List: Kinder Morgan, Inc. $KMI

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Kinder Morgan, Inc. (NYSE:KMI) insider have most recently took part in a trading activity. On Dec 5, 2017 Martin Thomas A, V.P. (Pres.,Nat.Gas Pipelines) bought 3,000 shares having total worth of $51,300 at the price of $17.1 per share, following the transaction a total of 1,147,019 shares owned by Martin Thomas A.

Furthermore, over the past 12 months , the stock was traded 3 times by insiders. an employee of the company was the buyer in 3 instances.

Shares of Kinder Morgan, Inc. (NYSE:KMI) traded down 0.64% on Dec 5, 2017, hitting $17.14. 13,974,212 shares of the company’s stock traded hands. Kinder Morgan, Inc. has a 52 week low of $16.76 and a 52 week high of $23.13. The company’s market cap is $48,730 million.

Kinder Morgan, Inc. (NYSE:KMI) last announced its earnings results on Oct 18, 2017. The company reported 0.15 earnings per share (EPS) for the quarter, same as the consensus estimate of 0.15. The company had revenue of $3,281 million for the quarter, compared to the consensus estimate of $3,230 million. During the same quarter in the previous year, the company posted 0.06 earnings per share. The company’s revenue for the quarter was down 1% on a year-over-year basis.

2017-10-18 2017-07-19 2017-04-19 2017-01-18 2016-10-19 2016-07-20 2016-04-20 2016-01-20 2015-10-21 2015-07-15
earnings per share 0.15 0.14 0.17 0.18 0.06 0.15 0.20 0.22 0.19 0.15
Revenue(M) 3281 3368 3424 3389 3330 3144 3195 3636 3707 3463

Kinder Morgan, Inc. was formed in Delaware in August 1992. It is engaged as the energy transportation and storage companies in North America. The Company owns the general partner and approximately 11% of the limited partner interests of the “Partnership” or “KMP (Kinder Morgan Management)”. The Partnership is a publicly traded pipeline limited partnership whose limited partner units are traded on the New York Stock Exchange. The Partnership was formed in Delaware in August 1992 and is an energy transportation and storage company in North America. The Company also owns a 20% equity interest in NGPL PipeCo LLC, the owner of NGPL, a major interstate natural gas pipeline and storage system which it operates. Through its subsidiaries, including the Partnership, the Company operates or owns an interest in approximately 37,000 miles of pipelines and approximately 180 terminals. These pipelines transport natural gas, gasoline, crude oil, carbon dioxide and other products. The terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. KMP’s operations are grouped into five business segments; Products Pipelines, Natural Gas Pipelines, CO2, Terminals and Kinder Morgan Canada. The Products Pipelines segment consists of KMP’s refined petroleum products and natural gas liquids pipelines and associated terminals, Southeast terminals and transmix processing facilities. The Natural Gas Pipelines segment, which contains both interstate and intrastate pipelines, consists of natural gas sales, transportation, storage, and gathering, processing and treating operations. The CO2 segment consists of Kinder Morgan CO2 Company, L.P. and its consolidated affiliates, referred to as “KMCO2.” It produces, transports and markets carbon dioxide for use in enhanced oil recovery operations. The Terminals segment includes the petroleum, chemical and other liquids terminal facilities and operations, other than those included in the Products Pipelines segment. The segment also includes the coal, petroleum coke, fertilizer, steel, ores and dry-bulk material services, including all transloading, engineering, conveying and other in-plant services. The Kinder Morgan Canada business segment includes the Trans Mountain pipeline system, a one-third ownership interest in the Express pipeline system, and a 25-mile jet fuel pipeline system. The Partnership’s strategy is to focus on fee-based energy transportation and storage assets, increase utilization of its existing assets while controlling costs and leverage economies of scale from incremental acquisitions and expansions of assets. Its activities are subject to various state and local laws and regulations, as well as orders of regulatory bodies.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.