Kinder Morgan (KMI) : Traders are bullish on Kinder Morgan (KMI) as it has outperformed the S&P 500 by a wide margin of 11.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 11.76%, 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 13.43% in the last 1 week, and is up 16.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 12.87% and the 50-Day Moving Average is 16.87%.
Kinder Morgan (NYSE:KMI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.03 and $20.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.03, notching a gain of 0.62% for the day. The total traded volume was 15,261,623 . The stock had closed at $20.90 on the previous day.
The company Insiders own 13.97% of Kinder Morgan shares according to the proxy statements. Institutional Investors own 54.94% of Kinder Morgan shares. During last six month period, the net percent change held by insiders has seen a change of 0.55%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (V.P. Corporate Development) of Kinder Morgan, Inc., Sanders Dax, had purchased 3,000 shares in a transaction dated on February 1, 2016. The transaction was executed at $15.32 per share with total amount equaling $45,960.
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.