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Kinder Morgan Partners (KMP) and Kinder Morgan (KMI) are reinstated at Overweight by Barclays,...

Kinder Morgan Partners (KMP) and Kinder Morgan (KMI) are reinstated at Overweight by Barclays, which views the El Paso (EPB) acquisition as a "transformative transaction" for KMI. It expands KMI's footprint into key gas end markets, enhances an already high degree of cash-flow stability and increases dividend growth outlook. The deal benefits KMP by adding a $12B drop-down opportunity set.
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Comments (4)
  • Scooter-Pop
    , contributor
    Comments (3133) | Send Message
     
    Kinder Morgan is the Premier Domestic Midstream Team. I speculate MORE Acquisitions soon?!
    24 Aug 2012, 05:10 PM Reply Like
  • rdy4trvl
    , contributor
    Comments (31) | Send Message
     
    Isn't it rather odd they'd reinstate now? The transaction seemed to unfold as laid out months ago.

     

    ....or is this simply Barclays providing confirmation to all of their retail customers they've sold the stock to in the last few months?
    24 Aug 2012, 06:02 PM Reply Like
  • Uncle Pie
    , contributor
    Comments (3710) | Send Message
     
    not at all odd if they were one of the bankers involved in the deal. Regulations would require their research dept. to suspend coverage during the transaction.
    24 Aug 2012, 07:53 PM Reply Like
  • The Autonomous Guy #23
    , contributor
    Comments (209) | Send Message
     
    KMI: got it and want more...

     

    Wonder what effect the storm [issac][?] whatever..will have on the

     

    Nat Gas and oil rigs in the Gulf... Shall be interesting to see.
    24 Aug 2012, 09:49 PM Reply Like
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