Large Outflow of Money Witnessed in Kinder Morgan

Shares of Kinder Morgan (NYSE:KMI) advanced to $17.53. The price had gained 0.11% or 0.02 points intraday. The latest trading session witnessed $9.01 million in upticks and $11.99 million in downticks, resulting in net money flow of (-2.97) million. The up/down ratio for the day stood at 0.75. On a weekly scale, the price has seen a change of -2.56%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-0.35) million occurred during the day. $0 million in uptick and $0.35 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.


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%. On the companys insider trading activities, Sanders Dax, officer (V.P. Corporate Development) of Kinder Morgan, Inc., executed a transaction worth $45,960 on February 1, 2016. A total of 3,000 shares were purchased at an average price of $15.32. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Kinder Morgan (NYSE:KMI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.13 points or 0.74% at $17.38 with 11,248,037 shares getting traded. Post opening the session at $17.24, the shares hit an intraday low of $17.21 and an intraday high of $17.72 and the price was in this range throughout the day. The company has a market cap of $38,784 million and the number of outstanding shares have been calculated to be 2,231,556,000 shares. The 52-week high of Kinder Morgan (NYSE:KMI) is $40.28 and the 52-week low is $11.2.

Many analysts have stated their opinion on the company shares. Bernstein initiates coverage on Kinder Morgan (NYSE:KMI). In the latest research report, Bernstein announces the target price to $20 per share. According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. The rating by the firm was issued on May 11, 2016.

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.

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