Kinder Morgan Inc (KMI) : Barton Investment Management reduced its stake in Kinder Morgan Inc by 17.39% during the most recent quarter end. The investment management company now holds a total of 19,000 shares of Kinder Morgan Inc which is valued at $382,470 after selling 4,000 shares in Kinder Morgan Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Kinder Morgan Inc makes up approximately 0.14% of Barton Investment Management’s portfolio.
Other Hedge Funds, Including , Nj State Employees Deferred Compensation Plan boosted its stake in KMI in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 17,265 shares of Kinder Morgan Inc which is valued at $347,544. Kinder Morgan Inc makes up approx 0.07% of Nj State Employees Deferred Compensation Plan’s portfolio.Commonwealth Financial Services boosted its stake in KMI in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 2,163 shares of Kinder Morgan Inc which is valued at $45,899. Kinder Morgan Inc makes up approx 0.05% of Commonwealth Financial Services’s portfolio. Quantres Asset Management Ltd added KMI to its portfolio by purchasing 37,500 company shares during the most recent quarter which is valued at $795,750. Kinder Morgan Inc makes up approx 0.47% of Quantres Asset Management Ltd’s portfolio.
Kinder Morgan Inc opened for trading at $20.52 and hit $21 on the upside on Monday, eventually ending the session at $20.78, with a gain of 2.06% or 0.42 points. The heightened volatility saw the trading volume jump to 1,05,46,487 shares. Company has a market cap of $46,388 M.
On the company’s financial health, Kinder Morgan Inc reported $0.15 EPS for the quarter, based on the information available during the earnings call on Jul 20, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $3144.00 million for the quarter, compared to analysts expectations of $3376.36 million. The company’s revenue was down -9.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.
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.