KMI

[DividendGarden]

KMI earnings release.

Kinder Morgan (NYSE:KMI): Q4 EPS of -$0.29 may not be comparable to consensus of $0.18.

Revenue of $3.64B (-7.8% Y/Y) misses by $260M.

http://seekingalpha.com/pr/15930936-kind...-flow-2015

[Dividendsrule]

I'm pretty happy/impressed with 3.5 billion in revenues.

[DividendGarden]

(01-21-2016, 01:07 AM)Dividendsrule Wrote: I'm pretty happy/impressed with 3.5 billion in revenues.

The market seems to be, as well.  It's up 2.5% in pre-market trading.  Distributable cash flow only came down slightly.

[rapidacid]

+20%

[Kerim]

(01-21-2016, 12:03 PM)rapidacid Wrote: +20%

Ha!

[rapidacid]

[Dividendsrule]

I'm LOLing, the clip is priceless

[lucas03]

Quote:Kinder Morgan Announces Term Loan and Revolver Expansion; Expects No Need to Access Capital Markets in 2016

HOUSTON--Kinder Morgan, Inc. (NYSE: KMI) today announced that it had closed on a three-year, unsecured $1 billion term loan and a $1 billion expansion of its unsecured revolving credit facility, increasing the capacity of that facility from $4 billion to $5 billion. Proceeds from the term loan will be used for general corporate purposes, including the repayment of existing borrowings. Pricing for both facilities is consistent with KMI’s existing revolving credit facility and includes a floating interest rate calculated based on KMI’s credit rating that currently equals the London Interbank Offered Rate (LIBOR) plus 150 basis points. The term loan contains the same covenant package as the existing revolving credit facility. Barclays is the administrative agent for both facilities.
Source

[Roadmap2Retire]

I was wondering how long it would take for Berkshire to disclose a new investment while this market is down. Turns out that it is none other than KMI!

Buffett's Berkshire Hathaway Discloses Stake in Kinder Morgan
http://www.bloomberg.com/news/articles/2...der-morgan

[EricL]

(02-16-2016, 04:34 PM)Roadmap2Retire Wrote: I was wondering how long it would take for Berkshire to disclose a new investment while this market is down. Turns out that it is none other than KMI!

Buffett's Berkshire Hathaway Discloses Stake in Kinder Morgan
http://www.bloomberg.com/news/articles/2...der-morgan

Very nice. Up about 6% in after hours so far on the news.

[divmenow]

(02-16-2016, 04:43 PM)EricL Wrote:

(02-16-2016, 04:34 PM)Roadmap2Retire Wrote: I was wondering how long it would take for Berkshire to disclose a new investment while this market is down. Turns out that it is none other than KMI!

Buffett's Berkshire Hathaway Discloses Stake in Kinder Morgan
http://www.bloomberg.com/news/articles/2...der-morgan

Very nice. Up about 6% in after hours so far on the news.

I wouldn't put too much focus on Buffet buying KMI. Its probably dead money for a while. Nice pop and would sell into the rally today. Buffets last few buys haven't worked out that great.  IBM at $165 and LMCA at $40. Both down significantly where he bought. And lets not forget Buffet bought KMI back in 2015 at an average price of $23.65. So he still down on his previous purchases. But still good news if your holding KMI for 5-10 years.