The natural gas industry is experiencing a surge in demand, particularly from the data center sector, driving robust growth for midstream companies like Kinder Morgan, Williams Companies, and TC Energy. These companies are seeing strong earnings, increasing dividends, and share buybacks, making them attractive investments for income-seeking investors. With analysts bullish on their prospects, these stocks are poised for further gains.
Two energy sector stocks, Centrus Energy Corp (LEU) and Kinder Morgan Inc (KMI), are currently flashing overbought signals according to the Relative Strength Index (RSI). This indicator suggests that these stocks may be due for a short-term correction, presenting a potential cautionary flag for momentum investors.
Kinder Morgan Inc. (KMI) reported its third-quarter earnings on Wednesday, falling short of analyst expectations on both revenue and earnings per share. However, the company remains optimistic about its full-year outlook, citing strong growth in its Natural Gas Pipelines and Terminals business. Kinder Morgan’s stock dropped after hours following the earnings release.
Kinder Morgan, a leading midstream energy firm, is set to release its Q3 2024 earnings report on Wednesday, October 16th. Analysts predict an EPS of $0.27, with investors anticipating news of exceeding estimates and positive guidance for the upcoming quarter. This article delves into the company’s past performance, analyst sentiment, peer comparisons, and key financial metrics to provide insights for investors.
BofA Securities has upgraded Kinder Morgan (KMI), an energy infrastructure company, to a Buy rating citing a stabilized base business and potential growth in contracted natural gas pipelines. The analyst expects increased demand driven by Gulf Coast LNG projects and the electrification of utilities through AI, positioning Kinder Morgan for long-term growth.
In the realm of investing, dividend-focused ETFs are gaining traction, prompting investors to seek stocks that offer both reliable dividends and promising growth prospects. This article presents a curated list of such stocks identified using InvestingPro’s powerful tools, meeting criteria such as attractive dividends, stable earnings, and a lack of sell ratings. These stocks are poised for both growth and dividend increases, making them alluring options for income-seeking investors.
