InsiderScore: Insiders warming to some energy names

|By:, SA News Editor

Four energy companies attracted considerable insider buying during the month of February, according to InsiderScore.

Kinder Morgan Partners' (KMP) COO bought 6,600 shares for $498K on the first trading day after Barron's published a cautious report on the Kinder companies, and increased his non-option holdings by 156% to 10,800 shares.

Phillips 66 Partners' (PSXP) COO bought 4,100 shares for $182K, and adding to his previous position on strength is seen as an incremental positive.

At SM Energy (SM), the COO and General Counsel each made purchases, but the COO's light buy showed little conviction and CEO Anthony Best has thus far remained on the sidelines.

Hess (HES) Chairman Mark Williams made his first purchase, buying 12K shares for $980K.