KMI - Kinder Morgan: Why I Disagree With Wall Street
2024-05-19 05:13:26 ET
Summary
- Wall Street analysts have a lukewarm sentiment towards Kinder Morgan stock.
- The stock indeed faces headwinds due to its sensitivity to commodity prices, but these are either temporary or overblown in my view.
- While headwinds like commodity price fluctuations can be unpredictable, KMI's fee-based model and focus on the growing natural gas market offer strong EPS growth potential in the long term.
- Its P/E is also quite reasonable despite recent price rallies, especially judging from the dividend yield.
KMI stock is not loved by Wall Street
The thesis of this article is quite straightforward. I will A) share my thoughts on why Kinder Morgan ( KMI ) is not loved by Wall Street, and B) explain why Wall Street will regret it....
Kinder Morgan: Why I Disagree With Wall Street