Kinder Morgan Is Set to Ride This Massive Wave
Kinder Morgan (NYSE: KMI) is ideally positioned for one of today's most significant secular trends -- rising natural gas consumption.
It's not often that investors can ride a huge economic wave. The use of natural gas for electricity generation and the heating of homes has risen by 2.4% over the past decade. The U.S. Energy Information Administration projects this pace to continue through 2020.
Better, total production is expected to continue rising through 2040. This excess natural gas is expected to be exported abroad as the US becomes a net energy exporter around the year 2026.
Source: Fool.com
Kinder Morgan Inc. Stock
€19.69
0.860%
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 6.67% compared to the current price of 19.69 € for Kinder Morgan Inc..
