Analysts Anxious to Hear From the New Kinder Morgan -- Earnings Preview
We see upside for Kinder and an exit strategy for other master limited partnerships.
Kinder's reorganization brings upside potential, but even after the change, its payout coverage is too thin for conservative income investors, says Morningstar DividendInvestor editor Josh Peters.
We’re boosting our fair value estimate of Kinder Morgan as the firm’s new structure removes the burden of incentive distributions and will likely support 10% annual dividend growth, says Morningstar’s Jason Stevens.
The firm's consolidation deal eliminates the incentive distribution structure entirely, allowing the combined KMI to sustain more rapid dividend growth than our previous forecast.
Volatility in Asia, subprime woes take market for a ride.
Though midstream energy's shifting fundamentals challenge Boardwalk, these same changes create opportunities for the majority of pipeline operators we cover.
KMI's IPO provides investors with a way to invest in KMP's general partner.
Research firm's claims don't change our opinion of this wide-moat group of companies.