Large Outflow of Money Witnessed in Kinder Morgan

Kinder Morgan (KMI): The stock had negative money flow to the tune of ($9.46 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $19.76 million, whereas, the outflow of money on downticks was $29.22 million and the ratio between the two was 0.68. The block trade had a negative net money flow of ($3.87 million). The total block trade value undertaken on upticks was $2.03 million. On the other hand, downticks amounted to $5.91 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.34. Kinder Morgan (KMI) closed with marginal gains of 30 cents to end the day at $21.91, an increase of 1.39% over the previous days close. The stock recorded 2.05% for the week.


The company Insiders own 13.97% of Kinder Morgan shares according to the proxy statements. Institutional Investors own 54.91% of Kinder Morgan shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (V.P. Corporate Development) of Kinder Morgan, Inc., Sanders Dax had purchased shares worth of $45,960 in a transaction dated on February 1, 2016. A total of 3,000 shares were purchased at a price of $15.32 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Kinder Morgan (NYSE:KMI): The stock opened at $21.8 and touched an intraday high of $22.04 on Friday. During the day, the stock corrected to an intraday low of $21.73, however, the bulls stepped in and pushed the price higher to close in the green at $21.92 with a gain of 1.43% for the day. The total traded volume for the day was 7,635,626. The stock had closed at $21.61 in the previous trading session.

Kinder Morgan (KMI) : Traders are bullish on Kinder Morgan (KMI) as it has outperformed the S&P 500 by a wide margin of 7.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.58%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.1% in the last 1 week, and is up 7.66% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

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