Kinder Morgan: Thank Storm Fern And All Of The Cold Weather After That
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Long PlayerInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummaryKinder Morgan delivered a standout Q1.KMI’s earnings surge is nonrecurring.Guidance remains unchanged.A $500 million acquisition and new growth projects may modestly support growth.There will be a tough first-quarter earnings comparison in fiscal year 2027.This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » JasonDoiy/iStock via Getty Images Kinder Morgan (KMI) posted a fantastic first quarter because the La Nina winter provided a lot of cold weather. A midstream company like this one operates on a fee-based system. Therefore, the only way earnings go up (onThis article was written byLong Player25.62K FollowersFollowLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares of KMI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor, and this article is not meant to be a recommendation for the purchase or sale of stock. Investors are advised to review all company documents and press releases to see if the company fits its own investment qualifications.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.