Kinder Morgan with ticker code (KMI) have now 21 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 22 and 17 with the average target price sitting at 19.02. Given that the stocks previous close was at 17.41 this would imply there is a potential upside of 9.2%. There is a 50 day moving average of 16.48 and the 200 moving average now moves to 17.2. The market capitalisation for the company is $39,476m. Visit the company website at: https://www.kindermorgan.com
The potential market cap would be $43,127m based on the market concensus.
Kinder Morgan operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; and owns interests in/or operates oil fields and gasoline processing plants, as well as operates a crude oil pipeline system in West Texas. It owns and operates approximately 83,000 miles of pipelines and 144 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan in February 2011. Kinder Morgan was founded in 1936 and is headquartered in Houston, Texas.
