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bar1080

04/21/16 9:11 PM

#541 RE: Timothy Smith #539

SA: "Takeaway: KM missed estimates for the top and bottom line, but the company's cash generation was strong. Kinder Morgan should be able to reduce debt levels, invest heavily into growth capex and pay its dividend this year, despite lowering its cash flow guidance for 2016.

The company's shares are not unattractive for income investors with a long term horizon, but in the near term dividend increases are rather unlikely, and capital appreciation will be limited as well."

"http://seekingalpha.com/article/3966803-huge-earnings-miss-kinder-morgan