Shares of Kinder Morgan, Inc. (KMI) Sees Large Inflow of Net Money Flow

Kinder Morgan, Inc. (KMI) dropped -1.03% or -0.23 points to trade at $22.11 per share. As per the latest trading data available, the net money flow stood at $3.71 million as the shares received $14.08 million in upticks and gave away $10.37 million in downticks. The final up/down ratio was at 1.36. On a weekly basis, the stock has seen a change of -1.21%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 4.06. $3.36 million was the inflow in upticks and $0.83 million was the outflow in downticks. For the block trade, the net money flow was $2.54 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Kinder Morgan, Inc. has dropped 1.08% in the last five trading days, however, the shares have posted positive gains of 7.94% in the last 4 weeks. Kinder Morgan, Inc. is up 9.42% in the last 3-month period. Year-to-Date the stock performance stands at 7.94%. Kinder Morgan, Inc. (NYSE:KMI) witnessed a decline in the market cap on Wednesday as its shares dropped 0.49% or 0.11 points. After the session commenced at $22.48, the stock reached the higher end at $22.555 while it hit a low of $22.05. With the volume soaring to 9,352,841 shares, the last trade was called at $22.23. The company has a 52-week high of $23.36. The company has a market cap of $49,625 million and there are 2,232,364,300 shares in outstanding. The 52-week low of the share price is $13.26.

Company has reported several Insider transactions to the SEC, on Oct 26, 2016, Fayez Sarofim (director) purchased 700,000 shares at 21.41 per share price.On Feb 2, 2016, Dax Sanders (V.P. Corporate Development) purchased 3,000 shares at 15.32 per share price.On Jan 27, 2016, Michael C Morgan (director) purchased 180,000 shares at 14.20 per share price.

Kinder Morgan Inc Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.10. Analyst had a consensus of $0.18. The company had revenue of $3389.00 million for the quarter, compared to analysts expectations of $3527.79 million. The companys revenue was down -6.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.29 EPS.

Kinder Morgan, Inc. is engaged in energy transportation and storage in North America. The Company handles energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2). The Company operates: natural gas pipelines in the Rocky Mountains, the Midwest and Texas; refined petroleum products pipeline in North America; terminals for the storage of petroleum products and chemicals and CO2 pipelines and oil producing fields. Kinder Morgan, Inc. is headquartered in Houston, Texas.


Share this post

Leave a Reply