|Bid||16.41 x 2900|
|Ask||16.63 x 3100|
|Day's range||16.10 - 16.72|
|52-week range||15.01 - 20.20|
|Beta (5Y monthly)||0.89|
|PE ratio (TTM)||36.84|
|Earnings date||19 Jul 2022 - 25 Jul 2022|
|Forward dividend & yield||1.11 (6.69%)|
|Ex-dividend date||29 Apr 2022|
|1y target est||20.37|
Kinder Morgan (KMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Kinder Morgan (KMI) plans to bring the enhanced natural gas pipeline into service in November 2023, subject to necessary approvals.
There have been some questions about whether Kinder Morgan (NYSE: KMI) will have enough fuel to continue growing its dividend in the future. The pipeline company expects to invest $1.5 billion on capital projects this year, which would nearly exhaust its roughly $1.7 billion expansion backlog. With the company investing in fewer capital projects, cash flow won't grow as fast in the future, limiting its ability to increase the dividend.