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Kinder Morgan Partners (KMP) says its Kinder Morgan crude/condensate pipeline is now in service...

Kinder Morgan Partners (KMP) says its Kinder Morgan crude/condensate pipeline is now in service and available to transport volumes to the Houston Ship Channel; the ~$215M pipeline is supported by long-term contractual commitments and has a capacity of 300K bbl/day. KMP says the project will be immediately accretive to cash available to KMP unitholders.
Comments (7)
    , contributor
    Comment (1) | Send Message
    Kmp is one of my major stocks and I love their dividend
    14 Jun 2012, 03:22 PM Reply Like
  • schek711
    , contributor
    Comments (11) | Send Message
    So why has this stock crashed? and I luv the dividend too.
    14 Jun 2012, 03:49 PM Reply Like
  • 21thomas99
    , contributor
    Comments (402) | Send Message
    Even though Kinder Morgan has no exposure to oil, or other commodities, the Kinder Morgan family of entities has a history of being traded in response to the price of oil.


    Kinder Morgan is not the only MLP where this happens. Other pipeline MLPs share this history of being traded as such. Maybe there are not enough unitholders out there who do not understand this disconnect between oil price and oil transportation?
    14 Jun 2012, 06:42 PM Reply Like
  • nitrameel
    , contributor
    Comments (2) | Send Message
    I have owned KMP and EPD for many years. Their business model seemed perfect. They have locked-in contracts for transporting oil and gas regardless of the market price of them. Seems like a no brainer. Don't worry about the drops in their price. Thats a good time to add shares. And the dividends help you ride out the rough spots. But, beware of the "Black Swans."
    15 Jun 2012, 01:36 AM Reply Like
  • Boog
    , contributor
    Comments (103) | Send Message
    What's a Black Swan????
    17 Jun 2012, 02:10 PM Reply Like
  • iwillwin
    , contributor
    Comment (1) | Send Message


    Yes, What is a Black Swan ?
    17 Jun 2012, 10:46 PM Reply Like
  • cwagn111
    , contributor
    Comments (62) | Send Message


    Definition of 'Black Swan'
    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict. This term was popularized by Nassim Nicholas Taleb, a finance professor and former Wall Street trader.


    Investopedia explains 'Black Swan'
    Black swan events are typically random and unexpected. For example, the previously successful hedge fund Long Term Capital Management (LTCM) was driven into the ground as a result of the ripple effect caused by the Russian government's debt default. The Russian government's default represents a black swan event because none of LTCM's computer models could have predicted this event and its subsequent effects.


    Read more:
    18 Jun 2012, 01:22 PM Reply Like
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