Published: Wed, December 06, 2017
Finance | By Gustavo Carr

Kinder Morgan Canada down 2.4 pct after more potential pipe delay


Three analysts have issued estimates for Kinder Morgan's earnings, with estimates ranging from $3.15 billion to $3.41 billion. As per Thursday, June 22, the company rating was maintained by Jefferies. On Tuesday, October 17 the stock rating was maintained by Citigroup with "Neutral". The rating was initiated by Macquarie Research on Friday, April 21 with "Neutral". (NYSE:KMI) has "Hold" rating given on Thursday, December 3 by Argus Research. (NYSE:KMI) has "Sector Perform" rating given on Wednesday, December 9 by RBC Capital Markets. Barclays Capital maintained the stock with "Overweight" rating in Thursday, October 22 report. Fernwood Investment Management LLC now owns 19,999 shares of the pipeline company's stock valued at $383,000 after acquiring an additional 319 shares during the last quarter. Invesco Ltd (NYSE:IVZ) was raised too.

Investors sentiment decreased to 0.9 in 2017 Q2.

The stock increased 1.04% or $0.18 during the last trading session, reaching $17.41. It dropped, as 70 investors sold KMI shares while 349 reduced holdings. Colony Group Llc sold 339,857 shares as Kroger Company (KR)'s stock declined 14.05%. Colonial Trust Advsrs has invested 0.05% in Kinder Morgan, Inc. (NYSE:KMI). Lombard Odier Asset (Europe) holds 0.03% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 1.24 million shares. Regent Mngmt Limited Liability Company invested 0.19% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). (NYSE:KMI) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. Snow Cap Ltd Partnership reported 2.58% of its portfolio in Kinder Morgan, Inc.

Receive News & Ratings for Kinder Morgan Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan Inc and related companies with MarketBeat.com's FREE daily email newsletter. (NYSE:KR). Cornerstone Cap Management Ltd Limited Liability Company stated it has 0.04% in The Kroger Co. California State Teachers Retirement System has invested 0.15% in Kinder Morgan, Inc. (NYSE:KMI). Shanda Asset Management holds 208,567 shares. Axa, France-based fund reported 328,133 shares.

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Having a look at a company's recent Earnings per Share (EPS) performance is a useful way of understanding its profitability.

The unit of Houston-based Kinder Morgan Inc also said it had earmarked C$1.8 billion for spending on the project in 2018, but noted that further construction delays would lead to reduced 2018 spending. (NYSE:KMI) had an excellent day at the stock market, with its price going up by 1.04%, to $17.41. They expect $0.17 EPS, down 10.53% or $0.02 from last year's $0.19 per share. KMI's profit will be $379.65 million for 25.60 P/E if the $0.17 EPS becomes a reality. This leaves us with a quarter on quarter earnings per share growth of 247.10%. (NYSE:KR) or 10,000 shares.

Investors sentiment increased to 0.87 in 2017 Q2. Its down 0.29, from 2.09 in 2017Q1. It increased, as 43 investors sold NSC shares while 347 reduced holdings. 49 funds opened positions while 128 raised stakes. Manufacturers Life Insur The invested in 15.25 million shares. Kempner Capital has invested 1.07% of its portfolio in The Allstate Corporation (NYSE:ALL). Walleye Trading Limited owns 404,227 shares. Stearns Svcs Grp holds 0.07% in Norfolk Southern Corporation (NYSE:NSC) or 2,338 shares. Exchange Cap Management Inc, Michigan-based fund reported 13,003 shares. Signature Financial Inc has invested 0.25% in 3M Company (NYSE:MMM). D E Shaw has invested 0% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Mirae Asset Glob Invests invested in 0% or 16,021 shares. Trust Co. of Vermont now owns 6,522 shares of the pipeline company's stock valued at $142,000 after buying an additional 2,719 shares during the last quarter. Millennium Mgmt has 773,624 shares. Moreover, G2 Investment Partners Management Llc has 1.47% invested in the company for 51,036 shares. Barbara Oil Com has invested 0.41% in AT&T Inc. Therefore 40% are positive. The rating was maintained by RBC Capital Markets on Sunday, August 27 with "Hold". RBC Capital Markets has "Underperform" rating and $148 target. The firm has "Buy" rating by Wells Fargo given on Thursday, August 17. The stock has "Buy" rating by Needham on Thursday, September 7. The firm has "Strong Buy" rating given on Monday, October 24 by Raymond James. To understand the overall trajectory of KMI's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope.

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