Latest news with #KinderMorgan
Business Insider
2 days ago
- Business
- Business Insider
Kinder Morgan (KMI) Gets a Hold from Stifel Nicolaus
In a report released today, Selman Akyol from Stifel Nicolaus maintained a Hold rating on Kinder Morgan (KMI – Research Report), with a price target of $28.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Akyol covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Global Partners, and Kinder Morgan. According to TipRanks, Akyol has an average return of 10.6% and a 65.89% success rate on recommended stocks. Kinder Morgan has an analyst consensus of Moderate Buy, with a price target consensus of $30.45. The company has a one-year high of $31.48 and a one-year low of $19.29. Currently, Kinder Morgan has an average volume of 13.68M.
Yahoo
22-05-2025
- Business
- Yahoo
Goldman Sachs shares 20 'rising star' stocks that a growing number of hedge funds are betting on
Hedge funds shifted focus from the Magnificent Seven to other stocks in the first quarter. Goldman Sachs identified 20 stocks with increased hedge fund interest in that period. Stocks with rising hedge fund interest often outperform sector peers, the bank said. As hedge funds trimmed their Magnificent Seven positions in the first quarter, they increasingly turned their attention toward some other stocks. In Goldman Sachs' Hedge Fund Trend Monitor published May 20, the firm highlighted 20 stocks that an increasing number of hedge funds added to their holdings in that period. That heightened interest could be a sign that the stocks are primed for strong returns in the months ahead, the bank said. "Historically, stocks with the largest increase in the number of hedge fund investors ('Rising Stars') have typically gone on to outperform sector peers during the quarters following their rise in popularity," said the note, authored by a team of strategists led by Ben Snider, a managing director. The utilities, financials, and consumer discretionary sectors each had five stocks on the list. Two have AI exposure: Sempra and Kinder Morgan. The average market cap of the 20 stocks on the list is $17 billion. We've listed the stocks below, along with their net gain in the number of funds that own them. Knight-Swift Transportation (20). Lithia Motors (19). Yum Brands (17). Sempra (16). US Bancorp (16). NiSource (15). Essential Utilities (15). SLM (15). Kinder Morgan (15). Tapestry (14). Alliant Energy (14). BlackRock (14). Zions Bancorporation (14). First American Financial (14). Floor & Decor Holdings (14). Darling Ingredients (13). Edison International (13). Wyndham Hotels & Resorts (13). Expand Energy (13). Labcorp (12). Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Recorder
22-05-2025
- Business
- Business Recorder
US natgas prices ease on smaller-than-expected decline in output
NEW YORK: US natural gas futures fell around 1% on Wednesday on a smaller than previously expected decline in daily output so far this month after a 10%-price jump on Tuesday forced some traders to cover some short positions. Gas futures for June delivery on the New York Mercantile Exchange fell 2.4 cents, or 0.7%, to $3.403 per million British thermal units at 9:07 a.m. EDT (1307 GMT). Analysts said heating and cooling demand should remain low across much of the country in coming weeks, allowing utilities to keep adding more gas into storage than normal for this time of year. Gas stockpiles were already around 3% above the five-year (2020-2024) average. Financial firm LSEG said average gas output in the Lower 48 US states fell to 104.9 billion cubic feet per day so far in May, down from a monthly record of 105.8 bcfd in April. On a daily basis, however, output was on track to slide to a preliminary two-week low of 103.9 bcfd on Wednesday, down from 105.0 bcfd on Tuesday and an average of 105.2 bcfd during the prior seven days. That daily output decline was smaller than LSEG's outlook on Tuesday. Analysts noted preliminary data is often revised later in the day. Energy traders noted those output reductions were due in part to maintenance on some gas pipes, including US energy firm Kinder Morgan's 2.7-bcfd Permian Highway from the Permian Basin in West Texas to the Texas Gulf Coast. Kinder Morgan said it will perform a turbine exchange at the Big Lake compressor station from May 13-26 that will reduce mainline capacity to around 2.2 bcfd. Meteorologists projected the weather would remain mostly warmer than normal through June 6. LSEG forecast average gas demand in the Lower 48, including exports, will drop from 99.4 bcfd this week to 94.9 bcfd next week. The forecast for this week was higher than LSEG's outlook on Tuesday. The average amount of gas flowing to the eight big liquefied natural gas export plants operating in the US fell to 15.1 bcfd so far in May, down from a monthly record of 16.0 bcfd in April.
Business Insider
21-05-2025
- Business
- Business Insider
Goldman Sachs shares 20 'rising star' stocks that a growing number of hedge funds are betting on
While hedge funds trimmed their Magnificent Seven positions in Q1, they increasingly turned their attention toward some other stocks. In Goldman Sachs' Hedge Fund Trend Monitor published May 20, the firm highlighted 20 stocks that an increasing number of hedge funds added to their holdings in Q1. That heightened interest can be a sign that the stocks are primed for strong returns in the months ahead, the bank said. "Historically, stocks with the largest increase in the number of hedge fund investors ('Rising Stars') have typically gone on to outperform sector peers during the quarters following their rise in popularity," read the note, authored by a team of strategists led by Managing Director Ben Snider. The utilities, financials, and consumer discretionary sectors each had five stocks on the list. Two have AI exposure: Sempra and Kinder Morgan. The average market cap of the 20 stocks on the list is $17 billion. We've listed the stocks below, along with their net gain in the number of funds that own them. Knight-Swift Transportation (20) Lithia Motors (19) Yum! Brands (17) Sempra (16) US Bancorp (16) NiSource (15) Essential Utilities (15) SLM (15) Kinder Morgan (15) Tapestry (14) Alliant Energy (14) BlackRock (14) Zions Bancorporation (14) First American Financial (14) Floor & Decor Holdings (14) Darling Ingredients (13) Edison International (13) Wyndham Hotels & Resorts (13) Expand Energy (13)
Business Recorder
21-05-2025
- Business
- Business Recorder
US natural gas prices climb on lower output, higher demand
NEW YORK: US natural gas futures climbed about 4% on Tuesday on a decline in daily output and forecasts for more demand next week than previously expected. Gas futures for June delivery on the New York Mercantile Exchange rose 12.1 cents, or 3.9%, to $3.234 per million British thermal units at 8:55 a.m. EDT (1255 GMT). On Monday, the contract closed at its lowest since April 25. Analysts said heating and cooling demand should remain low across much of the country in coming weeks, allowing utilities to keep adding more gas into storage than normal for this time of year. Gas stockpiles were already around 3% above the five-year (2020-2024) normal. Financial firm LSEG said average gas output in the Lower 48 US states fell to 103.9 billion cubic feet per day so far in May, down from a monthly record of 105.8 bcfd in April. On a daily basis, output was on track to slide to a preliminary one-week low of 103.4 bcfd on Tuesday, down from 104.7 bcfd on Monday and an average of 104.1 bcfd over the prior seven days. Analysts noted preliminary data is often revised later in the day. Energy traders noted that part of the reason for output reductions this month was maintenance on some gas pipes, including US energy firm Kinder Morgan's 2.7-bcfd Permian Highway from the Permian Basin in West Texas to the Texas Gulf Coast. Kinder Morgan said it will perform a turbine exchange at the Big Lake compressor station from May 13-26 that will reduce mainline capacity to around 2.2 bcfd. Traders have noted the Permian Highway and other pipeline work trapped some gas in the Permian Basin, causing spot gas prices at the Waha Hub in West Texas to drop to a negative $1.52 for Monday. Waha prices, however, rose to a positive 46 cents for Tuesday. LSEG forecast average gas demand in the Lower 48, including exports, will drop from 98.8 bcfd this week to 95.1 bcfd next week. The forecast for next week was higher than LSEG's outlook on Monday. The average amount of gas flowing to the eight big liquefied natural gas export plants operating in the US fell to 15.1 bcfd so far in May, down from a monthly record of 16.0 bcfd in April.
