In yesterday’s Wall Street session, Kinder Morgan Inc (NYSE:KMI) shares traded at $17.64, up 0.23% from the previous session.
KMI stock price is now 1.67% away from the 50-day moving average and 2.76% away from the 200-day moving average. The market capitalization of the company currently stands at $39.15B.
, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, Schlosser John W, V.P. (President, Terminals) sold 7,500 shares of the company’s stock on Jan 03 ’24. The stock was sold for $135,000 at an average price of $18.00. Upon completion of the transaction, the V.P. (President, Terminals) now directly owns 3,219 shares in the company, valued at $56783.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 08 ’23, VP (Pres., Products Pipelines) Sanders Dax sold 50,000 shares of the business’s stock. A total of $881,610 was realized by selling the stock at an average price of $17.63. This leaves the insider owning 309,069 shares of the company worth $5.45 million. A total of 12.83% of the company’s stock is owned by insiders.
During the past 12 months, Kinder Morgan Inc has had a low of $15.89 and a high of $18.30. As of last week, the company has a debt-to-equity ratio of 1.07, a current ratio of 0.35, and a quick ratio of 0.28. According to the stock market information, the enterprise value for the company is $71.18B, which is based on a 16.59 price-to-earnings ratio, a 3.13 price-to-earnings-growth ratio, and a beta of 0.88. The fifty day moving average price for KMI is $17.34 and a two-hundred day moving average price translates $17.17 for the stock.
The latest earnings results from Kinder Morgan Inc (NYSE: KMI) was released for Dec, 2023. According to the Oil & Gas Midstream Company, earnings per share came in at $0.27, missing analysts’ expectations of $0.3 by -0.03. This compares to $0.30 EPS in the same period last year. The net profit margin was 15.87% and return on equity was 7.78% for KMI. The company reported revenue of $4.04 billion for the quarter, compared to $4.58 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.81 percent. For the current quarter, analysts expect KMI to generate $4.48B in revenue.
