By Paul Sankey
Published on December 17, 2024 at 8:58 AM
Meeting Kinder Morgan last week in Houston, with my old mate, IR and corporate VP Peter Staples (my other old mate CEO Kim Dang was in NY for a couple of conferences) I perused the just-released guidance for 2025 and made the following comment: “So KMI stock is on 22x price-earnings, based on your guidance for next year of $1.27 EPS. Your dividend yield is down towards 4% (stock has ripped), and you just announced …
Read More
By Paul Sankey
Published on May 26, 2024 at 12:49 PM
Memorial Day weekend, a legendary moment of the great American year. “Summer 2024”. Man, it has a nice ring to it. I like round numbers, prime numbers, cool numbers, and 2024 has a great ring – so far. Best we can say, is It is unlikely to turn into 2020, we got past March. Market at all-time highs, new generation investment in AI, we spiral forward. With effectively zero unemployment, these are the times when …
Read More
By Paul Sankey
Published on May 2, 2024 at 12:28 PM
Today 4pm Happy Hour is open mike Sankey vs Bordelon. We can discuss FTC vs Scott Sheffield – press release today from PXD – earnings, oil & gas markets, everything! Register to me and Greg here: https://sankeyresearch.com/conference/sankey-strategy-session-paul-sankey-greg-bordelon-interest-form-2/ Next week, macro maven Luke Gromen. Register for Luke here: https://sankeyresearch.com/conference/sankey-strategy-session-luke-gromen-interest-form/ ~ We are not super-bearish! Except natural gas … equities. And onshore service. A reader said she was reading our distillate note from Saturday and stopped reading …
Read More
