Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.6% Yield

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Scotia Howard Weil Starts Kinder Morgan (KMI) at Sector Perform, 'A Midstream Company with Actual Free Cash Flow'

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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U.S. oil industry set to break record, upend global trade

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