Kinder Morgan Inc. Delivers a Yawner of a Quarter, but That's a Good Thing
After having unveiled its plan to ramp up cash returns to investors last quarter, there didn't appear to be any catalysts left for Kinder Morgan (NYSE: KMI) this quarter. That view proved to be correct since the pipeline giant didn't report anything out of the ordinary when it released third-quarter results on Wednesday. That said, the numbers still showed that the company remains headed in the right direction, which is just what investors want to see.
Data source: Kinder Morgan Inc. Chart by author. Note: In millions of dollars.
Everything remains on track:
Source: Fool.com
Kinder Morgan Inc. Stock
€19.50
0.780%
Our community is currently high on Kinder Morgan Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 21 € shows a slightly positive potential of 7.67% compared to the current price of 19.5 € for Kinder Morgan Inc..
