Kinder Morgan (NYSE:KMI) has climbed 3.03% in the past week and advanced 1.63% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.26% and the outperformance has advanced to 0.71% for the last 4 weeks period.
Kinder Morgan (NYSE:KMI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.79 and $17.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.04, notching a gain of 2.50% for the day. The total traded volume was 16,210,824 . The stock had closed at $17.60 on the previous day.
The company shares have dropped -54.50% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $40.28 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $17.58 and the 200 Day Moving Average price is recorded at $16.93.
On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (V.P. Corporate Development) of Kinder Morgan, Inc., Sanders Dax had purchased shares worth of $45,960 in a transaction dated on February 1, 2016. A total of 3,000 shares were purchased at a price of $15.32 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Many analysts have stated their opinion on the company shares. Bernstein initiates coverage on Kinder Morgan (NYSE:KMI) The current rating of the shares is Market Perform. Equity Analysts at the Firm announces the price target to $20 per share. The rating by the firm was issued on May 11, 2016. Currently the company Insiders own 13.97% of Kinder Morgan shares according to the proxy statements. Institutional Investors own 54.94% of Kinder Morgan shares. During last six month period, the net percent change held by insiders has seen a change of 0.55%.
Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.