Is It Time to Worry About Kinder Morgan's Growth Prospects?
Kinder Morgan (NYSE: KMI) recently reported somewhat disappointing third-quarter results. Not only did the energy company's earnings come in a bit shy of its budget, but it also had some issues with its growth prospects. One of the most concerning was a large decline in its expansion project backlog.
It's now unclear how fast the company will be able to grow in the coming years. While it still has time to replenish its backlog, concerns about the clarity of its growth prospects could begin to weigh on the pipeline company's stock price.
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Source Fool.com
