Replies to post #731 on Kinder Morgan Inc (KMI)

[Porgie Tirebiter]

I think a dividend hike is clearly off the table. Reducing the remaining dividend is more likely.

What these deals have accomplished is that they've kept KMI from having their debt downgraded to junk status (barely). Debt to EBITDA of 5 is still a clanging bell wrapped in red flags.

KMI remains a speculative trade as far as I'm concerned, it's still not an investment.