2024-03-28 13:10:21 ET
Summary
- BlackRock CEO Larry Fink sees a retirement crisis and is betting heavily on energy infrastructure, including midstream companies like Kinder Morgan.
- Kinder Morgan is America's natural gas backbone, with a vast network of pipelines and storage capacity.
- The company offers a juicy dividend, has strong long-term demand, and is undervalued, making it an attractive investment for dividend investors.
Introduction
I doubt it would come as a surprise when I say that I'm very bullish on the future of the North American energy sector. This includes upstream companies producing oil and gas, downstream companies turning oil into value-added products, and midstream players that ship oil, gas, and finished products.
The best thing about midstream companies is their ability to benefit from long-term demand growth in fossil fuels without direct exposure to fossil fuel prices....
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For further details see:
Kinder Morgan: 6.3% Yield + 29% Upside Potential? Here's Why It's A Buy