Kinder Morgan stock: buy or sell

KMI stock price: $17.77 0.11% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

Kinder Morgan stock brief

  • Kinder Morgan closed on Wednesday at $17.77 after scarcely moving a 0.11%.
  • Looking at the chart, price is drawing an scaled downtrend since mid-June with lower tops and lower bottoms. this downtrend marked a -7.88% loss(from its highs at $19.29).
  • On July 21, Kinder Morgan made public its Q2 earnings report
  • Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.

Should I buy Kinder Morgan stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $KMI stock a buy?

In the current situation of Kinder Morgan there is not any eligible buy setup. This doesn't mean $KMI will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Kinder Morgan stock?

When you are a novel trader and you own a stock with some profit, it's really difficult to decide the best moment to sell and get your profits. Trading strategies help us to avoid rash decisions based on our feelings or the buzz that surrounds the market. Our trading system selects very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies are not intended for selling short $KMI stock

A guiding principle is that you should never mantain an operation that leads to greater losses than those expected upon purchase. The moment to sell your stock must always be determined by the stop-loss (automatic or manual)

Is it time to sell Kinder Morgan stock?

In the current situation of Kinder Morgan there is not any eligible sell setup, so Kinder Morgan stock holders with operations in green can keep their positions

Kinder Morgan ratings

In the previous 30 days we couldn't find any rating for Kinder Morgan

Kinder Morgan stock analysis

Kinder Morgan continues trending lower since mid-June, and has droppped a -7.88%. Like in all downtrends, the stock oscillates drawing lower highs and lows. In this case, we have seen 2 consecutive lower tops.

SMAs overview

KMI stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $17.86 (0.51% above)
  • R2: $18.12 (1.97% above)
  • R3: $18.15 (2.14% above)
  • The current supports are:

  • S1: $17.76 (-0.06% below)
  • S2: $17.71 (-0.34% below)
  • S3: $17.65 (-0.68% below)
  • Bollinger bands

    Since the price broke down the lower band on July 19, the price has bounced off by 5.09%

    KMI stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-June after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Wednesday was 46.91. Kinder Morgan shares tanked a 7.16% since then

    KMI stock RSI chart

    Kinder Morgan stock price history

    Kinder Morgan started trading priced at an adjusted price1 of $20.14 on Feb 2011. Since then, KMI stock depreciated by -11.77%. An investment of $1,000USD on Feb 2011 would be valued $882.32 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    KMI stock price history chart

    Price target for Kinder Morgan stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.

    The following table shows the price predictions posted by analysts in the last 30 days. If you are a small trader you don't have to invest based on these price targets.

    We don't have any target price published in the last 30 days for Kinder Morgan.

    Earnings and financials

    Shareholders event was hosted by Kinder Morgan ($KMI) on July 21 after releasing the financial report. Kinder Morgan reported earnings of $0.23 per share on sales of $3.2 billion. The market estimate was $0.19 per share on revenue of $2.9 billion.

    Same quarter last year, reported EPS was $0.17, so recently reported EPS is an increase of 35.29%. Revenue skyrocketed a 23.05% on an annualized basis in the , from $25.6B to $31.5B last quarter.

    Kinder Morgan ($KMI) is hosting the earnings call next October. Wall Street forecasts of $0.20, compared to Q2 that made $0.23.

    Kinder Morgan competitors

    Kinder Morgan is classified inside the Energy sector and the Oil & Gas Midstream industry, which contain industry peers.

    The following are Kinder Morgan most relevant competitors:

    Kinder Morgan competitors
    CompanyMarket capRatingBullish ratings1
    Kinder Morgan ($KMI) $36.4B
    Enterprise Products Partners ($EPD) $50.2B Neutral 0
    Phillips 66 ($PSX) $38.7B Neutral 0
    Williams ($WMB) $29.0B Neutral 0
    MPLX LP Representing Limited Partner Int (MPLX) $27.0B Neutral 0
    Energy Transfer ($ET) $22.7B Neutral 0
    Western Midstream Partners LP Representi (WES) $8.2B Neutral 0
    Phillips 66 Partners LP representing lim (PSXP) $7.1B Neutral 0

    1 In the last 30 days.

    Kinder Morgan performance

    To better understand Kinder Morgan performance you must compare its gains with other related stocks in same sector or industry.. For Kinder Morgan, the benchmark is made against Enterprise Products Partners, Phillips 66, Williams, MPLX LP Representing Limited Partner Int, Energy Transfer, Western Midstream Partners LP Representi and Phillips 66 Partners LP representing lim.

    KMI performance compared
    Company1m3m6m
    Kinder Morgan ($KMI) -1.20% 2.60% 23.10%
    Enterprise Products Partners ($EPD) -1.70% -0.50% 15.70%
    Phillips 66 ($PSX) -12.70% -6.10% 7.20%
    Williams ($WMB) -3.60% 4.80% 22.30%
    MPLX LP Representing Limited Partner Int (MPLX) -2.00% 6.50% 36.80%
    Energy Transfer ($ET) -4.60% 14.90% 60.20%
    Western Midstream Partners LP Representi (WES) -6.30% 0.50% 46.70%
    Phillips 66 Partners LP representing lim (PSXP) -2.70% 7.00% 43.10%

    Important:
    The thoughts published in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not know the individual situations of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are provided for informational motives only

    Kinder Morgan summary

    Wednesday, July 28th, 2021
    Open$17.83
    Close$17.77
    Day range$17.6 - $17.93
    Previous close$17.75
    Session gain0.11%
    Average true range$0.56
    50d mov avg$18.32
    100d mov avg$17.47
    200d mov avg$15.55
    Earnings dateOctober 19th, 2021

    Frequently asked questions

    What is Kinder Morgan stock symbol?

    Kinder Morgan, Inc. is a public company trading in the US stock market with the KMI symbol

    Is Kinder Morgan stock a buy or sell?

    Kinder Morgan had no ratings in the last four weeks Read the article to get additional tips on trading KMI stock.

    Will KMI go up?

    There were no forecasts issued by market analysts in the last month for Kinder Morgan.