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Kinder Morgan slashes dividend 75 percent

2015-12-09 01:15:41| Oil & Gas - Topix.net

Pipeline operator Kinder Morgan Inc. slashed its quarterly dividend by 75 percent Tuesday, saying that doing so would allow it to fund expansion, eliminate the need to tap equity markets and maintain its credit rating. The Houston-based company said its board approved a cut to its quarterly dividend to 12.5 cents per share from 51 cents per share, starting with the fourth-quarter payment payable in February.

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Kinder Morgan's stock drops toward record low on heavy volume

2015-12-08 20:33:35| IT Services - Topix.net

The stock, which was headed for a ninth-straight loss, is also on track to close at a record low, at nearly half of the Feb. 11, 2011 initial public offering price of $30. The nine-straight losses would match the stock's longest ever losing streak, first suffered between July 14 and July 24 of this year.

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Doug Kass shares his views on his Apple short and avoiding energy stocks like Kinder Morgan.

2015-12-07 10:39:24| Energy - Topix.net

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Kinder Morgan, Inc.: Trying To Separate Facts From Sentiment

2015-12-06 23:24:00| Oil & Gas - Topix.net

Given leverage and debt maturity schedule, Kinder Morgan will have to take decisive action to protect its threatened credit rating. Shares of Kinder Morgan, Inc. are officially in panic mode, and it's not too difficult to see why.

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Kinder Morgan Will Not Cut Its Dividend

2015-12-06 14:58:43| Oil & Gas - Topix.net

Unlike many other equity collapses in 2015 and Wynn Resorts ), I've been lucky enough to be able to watch the implosion of Kinder Morgan common stock from the sidelines. I'll count my blessings there, as I don't think I could take the stress of any more volatility in my portfolio.

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