sarichter

sarichter
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  • Short interest in energy stocks surged in late December  [View news story]
    I don't know. When prices go down there is always an uptick in use. Then this leads to overuse and less supply. Commodities take months to years to oscillate through their economic cycles. The behemoth companies like Exxon, Kinder Morgan, and Enterprise won't be going away... it's the smaller companies that might not weather the storm.
    Jan 16, 2016. 10:52 AM | 9 Likes Like |Link to Comment
  • Kinder Morgan: Time To Throw In The Towel?  [View article]
    As someone mentioned before... gas prices are trending up. Sure they dropped a bit in the past decade, but it's starting to trend back up...

    http://1.usa.gov/1J8QbKe
    Jan 16, 2016. 09:48 AM | Likes Like |Link to Comment
  • Kinder Morgan: Time To Throw In The Towel?  [View article]
    Too good to be true? Really? They are the largest pipeline company on the continent. 1/3 of all the natural gas transported goes through KMI. The prices (even before the crash) were a BARGAIN for a company that has nearly a legal monopoly.

    I'm excited because it now allows me to recharacterize a bunch of KMI I had in my traditional IRA at a fraction of the cost! Extremely long KMI.
    Jan 15, 2016. 08:10 AM | 1 Like Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    @Raife,

    Thanks for being a sensible head in a field of crazy...
    Jan 9, 2016. 05:20 PM | Likes Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    They were not responsible for Skilling's advocacy of being a wholesaler of gas and electricity. Enron used accounting to misrepresent the company with little to no assets to back up the numbers. Kinder Morgan is the complete opposite. They own a huge amount of assets are effectively getting paid to transport product. Pretty big difference if you ask me.

    Remember, Richard left because he got passed over for a promotion. Things at Enron would've gone quite differently from a business model perspective if Richard was promoted and not Kenneth Lay.
    Jan 5, 2016. 11:44 AM | 2 Likes Like |Link to Comment
  • Oil: Could Have Been $200 In 2008; Might Reach $20 In 2016  [View article]
    I see this as a simple answer... listen to what Goldman Sachs says and the do the exact opposite. They are amazingly talented at looting the general public.
    Jan 5, 2016. 07:50 AM | 5 Likes Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    Seriously. I'm amazed more people in this 'room' haven't picked up on this yet. This is a grade A company with a huge moat. They are the North American pipeline infrastructure and it's on sale!
    Jan 2, 2016. 07:19 PM | 1 Like Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    Buy what story? The fact they have a near monopoly on the oil and gas transport business in North America? There is no financial engineering. The debt they carry (as all pipeline companies carry) is listed in their financial statements.
    Dec 31, 2015. 09:10 PM | 1 Like Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    Here is a great way to close out this thread...

    http://bit.ly/22BuNmZ

    Energy consumption is still going up whether you would like to believe that or not. There are MORE people on this planet than the year prior and energy efficiency has not been able to keep pace with this added demand. Renewables are on the rise, but are still nowhere near the growth rate of fuels such as natural gas.

    Solar and wind will always supplement the energy supply, but fusion is the future. Guess what? We aren't there yet and won't be for a number of decades.
    Dec 31, 2015. 09:09 PM | 2 Likes Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    Hey prestate,

    (1) Take a look at other pipeline infrastructure companies. They are in the same situation. That's how this business works.
    (2) Take a look at other pipeline infrastructure companies. They have a similar ratio.
    (3) It's obvious that the market will not allow more debt to be issued for expansion. Kinder Morgan is in expansion mode. They must use part of the dividend in lieu of debt.
    (4) Who cares if the price of oil drops into the 20's? They still primarily transport natural gas and other products. Besides, prices don't stay low forever.
    (5) The management does not have severe trust issues. Many people are very good at coming up with fairy tales to rationalize their stated thesis. Kinder Morgan's management is some of the best in the country (in any sector).
    Dec 31, 2015. 08:06 AM | 6 Likes Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    @browndlee,

    Thanks for clarifying... I also found it interesting that the energy output of each type of fuel that Kinder Morgan transports is in favor of natural gas at a ratio of about 4:1. Either way, one would definitely expect Kinder Morgan to be affected by low commodity prices, but it's not going to be the straw that breaks the camel's back. It's a diverse company with many outlets for income and still has amazing growth potential. I can't wait until next year officially starts so I can buy some more... and no, I am not suggesting others do the say. Keep selling it so the price stays low for me :)
    Dec 30, 2015. 08:12 PM | 2 Likes Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    pmartin2894,

    'Being flushed'? Kinder Morgan is pushing assets that produce money in New England. It's called capital investment to make more money and then increase the dividend in the future... or at the very least keep the current dividend funded. All infrastructure-based companies have to acquire property (or easements) to install product. Your comments on this article are not constructive.

    I, for one, hope Kinder Morgan is using the portion of the former dividend to push for infrastructure expansion. That is much better than what most other companies do. In case you don't know what I mean, look up executive compensation or securities-fraud related activities.

    You should probably go find another company to complain about. The leadership at Kinder Morgan is some of the best on the planet.
    Dec 30, 2015. 08:05 PM | 11 Likes Like |Link to Comment
  • Is Kinder Morgan Going To Be Dead Money In 2016?  [View article]
    I could be wrong, but the majority of KM's business is transporting natural gas. Using last year's numbers of about 840 million barrels of oil versus approximately (the equivalent volume) 1.2 trillion 'barrels' of gas... that's a pretty big difference... and yes, I know that the equivalency is not the most accurate way to compare the two, but you can see that the difference is quite stark.

    I still think this is market over-reaction and/or stock manipulation from those who want to get in at a better price.
    Dec 30, 2015. 09:25 AM | 22 Likes Like |Link to Comment
  • My Conspiracy Theory On Oil  [View article]
    Cummins is making natural gas engines for heavy equipment.
    Dec 26, 2015. 11:33 AM | Likes Like |Link to Comment
  • My Conspiracy Theory On Oil  [View article]
    @CincyRichieRich,

    I'm not sure how you qualify that other than pure psychological bias. The stock market and economy started recovering a year or two after Obama started so it's proof that his administration was responsible.

    A good example of leaving office in tatters... George W Bush. This is coming from an independent critical of our entire political system.
    Dec 25, 2015. 11:10 AM | 1 Like Like |Link to Comment
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