Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.6% Yield
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Go back to Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.6% Yield
January 16, 2018 6:53 AM EST
Scotia Howard Weil initiates coverage on Kinder Morgan (NYSE: KMI) with a Sector Perform rating and a price target of $22.00.
For an analyst ratings summary and ratings history on Kinder Morgan click here. For more ratings news on Kinder Morgan click here.
Shares of Kinder Morgan closed at $19.52 Friday.
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January 16, 2018 1:16 AM EST
By Liz Hampton
HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.
And this new record, expected within days, likely won't last long. The U.S. government forecasts that the nation's production will climb to 11 million barrels a day by late 2019, a level that would rival Russia, the world's top producer.
The economic and political impacts of soaring U.S. output are breathtaking, cutting the... More
