Kinder Morgan stock: buy or sell
Jul 29th, 2021
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.
Supports and resistances
The current resistances are:
The current supports are:
Since the price broke down the lower band on July 19, the price has bounced off by 5.09%
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
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 $882.32 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Kinder Morgan stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
The following table shows the price predictions posted by analysts in the last 30 days. If you are a small trader you don't have to invest based on these price targets.
We don't have any target price published in the last 30 days for Kinder Morgan.
Earnings and financials
Shareholders event was hosted by Kinder Morgan ($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 $0.23.
Kinder Morgan competitors
Kinder Morgan is classified inside the Energy sector and the Oil & Gas Midstream industry, which contain industry peers.
The following are Kinder Morgan most relevant competitors:
|Company||Market cap||Rating||Bullish ratings1|
|Kinder Morgan ($KMI)||$36.4B|
|Enterprise Products Partners ($EPD)||$50.2B||Neutral||0|
|Phillips 66 ($PSX)||$38.7B||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)||$7.1B||Neutral||0|
1 In the last 30 days.
Kinder Morgan performance
To better understand Kinder Morgan performance you must compare its gains with other related stocks in same sector or industry.. For Kinder Morgan, the benchmark is made against Enterprise Products Partners, Phillips 66, Williams, MPLX LP Representing Limited Partner Int, Energy Transfer, Western Midstream Partners LP Representi and Phillips 66 Partners LP representing lim.
|Kinder Morgan ($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%|
|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|
|Day range||$17.6 - $17.93|
|Average true range||$0.56|
|50d mov avg||$18.32|
|100d mov avg||$17.47|
|200d mov avg||$15.55|
|Earnings date||October 19th, 2021|