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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 26.19+0.4%Oct 31 9:30 AM EST
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To: robert b furman who wrote (276)10/4/2024 5:02:36 AM
From: robert b furman4 Recommendations

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Not all energy demand will come from natural gas.

To the degree that reliable energy is a must, electricity generated by natural gas most likely ranks high in the supply chain.

For an idea of the size of future demand growth, here is an estimate by an industry group that encompasses only the next 6 years:

By 2030, data centers could account for as much as 11% of U.S. power demand — up from 3% now, according to analysts at Goldman Sachs. Last week Microsoft announced a deal to reopen the infamous Three Mile Island nuclear power plant in Pennsylvania to power Microsoft’s data centers performing cloud computing and artificial intelligence programs.

Data centers wanting a direct hook up to a natural gas feed so they can produce their own electricity' offers a huge growth alternative (which if done properly, would sell natural gas at a higher margin than what larger electricity companies pay?).

KMI has the largest distribution system of natural gas lines in the country. Natural gas comprises 70 % of KMI's revenue.

KMI delivers 40% of the country's natural gas.

There is a strong future for KMI to exceed the normal growth rate of the electricity generation/utility sector.

Bob
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