KMI- a fallen high dividend yielder - for how long? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : KMI- a fallen high dividend yielder - for how long?

KMI 26.09

-0.4%

Nov 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: candsrr who wrote (249)	5/12/2024 8:20:44 AM
From: robert b furman	3 Recommendations Recommended By candsrr Jon Koplik OldAIMGuy of 357

Good Morning candsrr, My account is being transferred from TDA to Schwab this weekend, so I was looking at my positions at Stockcharts.com. I came to KMI and I said WOW, that looks like it is on the edge of a breakout. It's about time that the AI story finally impacts KMI. The ongoing demand for heavy electricity use that AI requires bodes well for reliable base load electricity generation. Add to that the exporting of LNG to Asia and Europe. Add to that exporting by pipeline to Mexico ,and KMI has a better growth story than any individual utility IMO. With their debt getting paid down below what their original target was, coupled with their huge free cash flow, my bet is Kinder's long promised and longer awaited $1.25 will look small over the next 2-3 years. I had thought that KMI would be in the 20's two years ago. Then it fell back into the upper teens and I kept selling puts and buying more shares. It now is my largest share position and I am more than comfortable about the investment. The deferred increases in the dividends has allowed greater debt reduction, I'm OK with that. In my retirement, I became even more of a long term positional buyer of stocks. Managing debt assures the stability of a company in any scenario. We've been barraged by so much misleading hype regarding renewables being cheap and EV's making the ICE obsolete, that it has been hard to see the longer term truth about fossil fuels and their superior energy efficiency. It strikes me as more than unusual that all of the emerging markets are embracing coal and natural gas while the "Wealthy" OECD countries are supposed dive into the more expensive less reliable renewable sources. Germany is now the poster child of how to do it wrong. When a country plans on going into the more expensive sources for energy, they are embracing an unintended consequence of their manufacturing sector declining and moving out of the noncompetitive cost environment. Fossil fuels will have long term demand and GROWTH. It is the emerging markets (India, Africa, Asia) that have a young demographic and expanding populations. Demand for fossil fuel historically has always understated the growing demand of the emerging markets sector. STILL DOES! The US as a country has more fossil fuels than any one. Our competitors have long funded Environmental groups to hog tie the harvesting of our resources. We do it cleaner and more efficient than anyone. A proper plan to produce them in quantity and export it like the Saudi's do will result in cheap energy for all. It is just another of the great scams the world puts on our wealth creation capabilities. It results in a wealth redistribution transfer on "the country level". It is never discussed that way. It is a scam of huge proportions IMO. Thanks for the post - good to have you here on this sleeper thread. <smile> Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next