- Hedgeye's Kevin Kaiser explains his "house of cards" view on the Kinder Morgan companies in an interview with Charlie Gasparino (video): "To me, 'house of cards' means something that has an unstable foundation, and when you need to raise more and more capital to continue to pay out higher and higher distributions... that’s a very unstable foundation."
- Kaiser doesn't see anything illegal but thinks "there are some very misleading statements with some of the non-GAAP financials."
- "The entire MLP sector is sort of a regulatory nightmare," he says, but the issues around Kinder Morgan "are more egregious than some of the others."
- In today's trading: KMI -2.8%, KMP -1%, KMR -2%, EPB -0.9%.
From other sites
at Investopedia (Apr 8, 2015)
The Zacks Analyst Blog Highlights: Transocean, Kinder Morgan, BP, Williams Partners and Eni - Press Releasesat Zacks.com (Apr 8, 2015)
Oil & Gas Stock Roundup: Transocean to Scrap More Rigs, Kinder Morgan to Build Crude Storage - Analyst Blogat Zacks.com (Apr 7, 2015)
at Nasdaq.com (Mar 16, 2015)
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