- Rcihard Kinder discloses buying nearly 200K shares of Kinder Morgan (KMI -2.4%) worth ~$6.4M, just four days after disclosure of a 100K share purchase worth ~$3.3M.
- The purchases may add to the perception, discussed in this weekend's negative Barron's piece, of an enormous transfer of wealth from MLP Kinder Morgan Partners (KMP -5.3%) to general partner KMI and that “the smart money has gravitated toward the GP.”
- Rich Kinder owns an $8.1B stake in KMI vs. just $26M in KMP.
- Also: KMR -4.6%, EPB -0.6%.
From other sites
at MarketRealist.com (Fri, 3:05PM)
at MarketRealist.com (Fri, 2:05PM)
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)
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