From Pipelines To Paychecks - The Kinder Morgan Benefit
- 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."
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