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Clayton Rulli  

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Latest  |  Highest rated
  • GE's Plan To Increase Margins [View article]
    improving efficiency albiet slowly yet doing it right and sustainable is certainly better than not
    Jun 23, 2015. 11:44 AM | 2 Likes Like |Link to Comment
  • Is This The World's #1 Pairs Trade? [View article]
    CD
    Good taste of appetizer but I am left hungry for the main course
    Jun 23, 2015. 08:37 AM | Likes Like |Link to Comment
  • 5 More Reasons Why We Think Kinder Morgan's Shares Will Collapse [View article]
    people like dj who think kmi uses new debt to fund the dividend are a pitiful example of investors not understanding kmi business model.
    Jun 20, 2015. 11:25 AM | 1 Like Like |Link to Comment
  • 5 More Reasons Why We Think Kinder Morgan's Shares Will Collapse [View article]
    dj. kmi doesn't issue debt to pay dividend. don't be a moron
    Jun 20, 2015. 11:22 AM | 1 Like Like |Link to Comment
  • Magnum Hunter Resources - Net Asset Value Likely Lower Than Expected [View article]
    up 28 percent today. OOPS
    Jun 19, 2015. 10:55 PM | 1 Like Like |Link to Comment
  • 5 More Reasons Why We Think Kinder Morgan's Shares Will Collapse [View article]
    kmi issues debt to fund accretive expansions=bad. AAPL issues debt to pay dividend and do buybacks=good. ok got it ty
    Jun 19, 2015. 10:17 PM | 5 Likes Like |Link to Comment
  • BP, Rosneft sign production, exploration, refining pacts [View news story]
    BP is based in the UK do us sanctions apply?
    Jun 19, 2015. 08:53 PM | Likes Like |Link to Comment
  • 5 More Reasons Why We Think Kinder Morgan's Shares Will Collapse [View article]
    what a jokw
    Jun 19, 2015. 11:32 AM | 14 Likes Like |Link to Comment
  • Now Is Not The Time For Greed [View article]
    Ive heard this song before. http://seekingalpha.co...

    Until rates start rising significantly we are just fine
    Jun 18, 2015. 02:22 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan: Overvalued But Not About To Collapse [View article]
    Uncle Pie, did you say aggressively managed? You remind me of my son when he complains the mild salsa is too hot..... you just aren't being relative. The fact is most other MLP's are actually worlds more wreckless with variable cash flows.

    Here's a few things for you to consider:

    *85% of cash flows are fee-based for 2015, while ~94% fee-based or hedged. (slide #12)

    *Even at $40 oil and $2.50 nat gas, KMI will still have $315 M in excess div coverage ( slide #11)

    *If rates rise, KMI is still in the black. A FULL-YEAR impact of 100-bp increase in floating rates equates to a pre-tax ~$108 million increase in interest expense ( slide 16 )

    Source: http://bit.ly/1FMPWwP

    I think my point is you say KMI is "wreckless" cause of its debt. However, relative to comparable companies in the space, and considering KMI's fee based revenue streams that aren't sensitive to commodity prices, as well as its interest rate risk protection, KMI is in fabulous shape and is extremely safe by comparison.
    Jun 18, 2015. 12:32 PM | 4 Likes Like |Link to Comment
  • Kinder Morgan CEO, ex-CEO bought $8.5M in stock since June 5 [View news story]
    earnings and divy raise coming next month. buy buy buy
    Jun 17, 2015. 08:41 PM | 6 Likes Like |Link to Comment
  • Commodities Today: Investors Wait For Energy Mergers [View article]
    Im pretty sure NBL bought ROSE not NE
    Jun 17, 2015. 08:32 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: Overvalued But Not About To Collapse [View article]
    Q1 is generally the weakest of all four in the year. This is the nature of the seasonality of KMI's business. Making a determination off these 3 months alone will assist in missing an opportunity
    Jun 16, 2015. 10:28 AM | Likes Like |Link to Comment
  • Kinder Morgan: You Sell, I'll Buy [View article]
    "Take a look at FAST Graphs - KMI appears hugely overvalued. I'm not using the FFO option since it's not a MLP."

    It should still be measured with MLP metrics
    Jun 16, 2015. 08:11 AM | 14 Likes Like |Link to Comment
  • Kinder Morgan: Overvalued But Not About To Collapse [View article]
    "This wouldn't happen immediately, but it would happen someday. The company does have $10bn of its debt-load as floating rate liabilities that would suffer more immediately from a rise in interest rates."

    Wrong- the company has hedges in place to protect against rising rates.

    This worry about debt load shows how little investors understand. KMI pays ~4-5% dividend for each share it issues, however this number will be rising much, much faster than debt interest rates, or a guided 10% each year for the foreseeable future as per company guidance.

    If you were a shareholder, would you prefer management utilize bonds or share issuances to fund accretive expansions??

    A 2-4% interest rate bond that "MIGHT" increase soon and can be hedged or sold even as fixed rate for slightly higher rate..........or share issuances that cost 4-5% dividend that WILL DEFINATELY be increasing 10% each year for the foreseeable future?

    As someone who understands the difference in the two choices and who has common sense, I'd prefer KMI continue to issue bonds. In the end they both count towards total enterprise value and both go on the same side of the balance sheet, but simply cost less in interest/dividend.

    Kim and Rich are doing a great job and I applaud them, it's just a shame how uneducated investors are so easily scared away and cause the stock to undeservedly fall.

    Long KMI, KMI/wts, KMI calls
    Jun 16, 2015. 08:07 AM | 13 Likes Like |Link to Comment
COMMENTS STATS
3,042 Comments
3,446 Likes