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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (5862)	6/5/2018 10:46:08 AM
From: robert b furman	1 Recommendation Recommended By Jerome Respond to of 26920

Hi Jerome, I have always believed that the KMI story is a long term growth story. Pipelines were and are the only or at least a few) aspect of the energy story that is in short supply. The permian and Eagle Ford shale zones have to be a boost to their revenue as well as Texas electrical creation,exporting to Mexico and LNG exports = all good growth. I have sold KMI puts for June and January 2019 in the 15, 16, and 18 (hoping to get assigned the 18's and use the 15's and 16's the help bring the average down. If (and with KMI it is an IF), they continue their projected dividend payouts I'll have a very nice long term dividend growth portfolio that I suspect will continue to have larger payouts. One of the huge hurdles that KMI accomplished was the C corp status vs MLP. The big debt that was saddled to them with that move was reduced by divestitures and dividend reduction. Their future and cash flow is huge. It can self fund a lot of projects. The expansion of pipelines when you already have the easements is an often not talked about big Plus for the largest pipeline company in the US. Glad it is working for you - Thanks for the kind words. Bob