02-24-2014, 01:04 PM
The story keeps surfacing, suggesting that KMP is overstating their cash flow. For an MLP, cash for is everything, at least to investors, as that funds the dividend stream. Shares of KMP are down over 5% as I type and they take down is similar for KMI and KMR. This could be a matter of an analyst's misunderstanding of the business model, could be an intentional attack via misinformation, or could be on target. Anyone have an opinion as to which is the case for KMP?
BTW, KMP is not the sole target of these allegations. LINE, LNCO, BBEP, and others have been the focus of similar comments.
BTW, KMP is not the sole target of these allegations. LINE, LNCO, BBEP, and others have been the focus of similar comments.
Alex