From Pipelines To Paychecks - The Kinder Morgan Benefit

Leo Nelissen
11-26
  • Kinder Morgan's stock has surged 71% year-to-date, reducing its yield to 4%, the lowest since 2018, but still offers solid income.
  • The company is crucial in U.S. natural gas infrastructure, benefiting from rising demand, LNG exports, and domestic power generation.
  • Despite its strong performance, KMI's current valuation is high, and I recommend waiting for a pullback before making significant new investments.
  • Long-term, I remain bullish on the midstream sector due to favorable growth prospects and potential shifts from money market funds to high-quality dividend stocks.

J Studios

Introduction

I'm writing this article with mixed feelings.

On the one hand, there's a reason for celebration. On March 28, I wrote an article titled "Kinder Morgan: 6.3% Yield + 29% Upside Potential? Here's Why It's A Buy."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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