Kinder Morgan Energy Partners LP
Where will Canada's crude go? Efforts to build new pipelines are being blocked to the south and the west, so now TransCanada (NYSE: TRP) is looking east.
The Energy East Pipeline
TransCanada has submitted a proposal to convert an existing 1,900 mile natural gas pipeline to carry heavy crude oil from Hardisty, Alberta to Quebec City, Quebec. The submission also includes the possibility of a 870 mile extension more »
Kinder Morgan Energy Partners (NYSE: KMP) is making a move into owning resource properties with the intent of leasing them to third parties to mine. The main focus appears to be coal. If Kinder sees value in coal, it might be time for investors to buy in, too.
Kinder Morgan is a giant in the mid-stream oil and gas business. It owns the terminals and pipelines that get such more »
Editor's Note: The initial article stated Phillips 66 signed a five-year contract with Union Pacific to deliver crude from the Bakken. That was incorrect; the contract was with Global Partners. This article has been amended.
A couple of high-profile project cancellations have raised questions over the attractiveness of crude oil and liquid petroleum pipeline companies such as Enbridge Energy (NYSE: EEP) and Kinder Morgan (NYSE: KMP), while making a more »
According to the Energy Information Administration estimates, the demand for oil will grow by 0.9 million barrels per day, or bpd, in 2013 and 1.2 million bpd in 2014. To meet this demand, the production of oil will rise by 0.6 million bpd in 2013 and 1.8 million bpd in 2014. With this production increase, it's anticipated the oil industry will increase revenue by 3 more »
It’s a good strategy to invest in income growth companies, sit back, and reap the rewards. But to beat inflation, investing in high yielding, yet stable companies is important. And this is exactly where companies with an MLP (Master Liability Partnerships) status roll in.
MLPs are generally oil and gas companies that generate consistent cash flows. They distribute the bulk of their cash generated and don’t have to more »
Kinder Morgan Energy Partners (NYSE: KMP) is the largest U.S. pipeline company and, in its latest quarter, saw net income increase three times to $783 million from $206 million on a year-to-year basis. The company is deriving incremental benefits from its pipeline system with its recent purchase of Tennessee Gas Pipeline and the partial acquisition of El Paso Natural Gas Co. For the future, Kinder Morgan has entered into more »
With the markets bouncing around all-time highs, many investors are now finding it hard to find stocks that offer a decent dividend yield.
Master Limited Partnerships, or MLPs, offer some of the best yields on the market. Some offer mid double-digit payouts, while the rest of the market offers an average yield of around 2%.
But how are MLP's able to achieve these high payouts?
Well, it all comes more »
Recently the Energy Information Administration (EIA) published projections for future electricity generation through the year 2040. While coal-fired power plants currently have the largest share of electricity to the US power grid, and will continue to have it, natural gas is projected to make large gains.
Chart Courtesy of The EIA
Having a glimpse of the future often can provide investors with the insight needed to profit over time. Knowing more »
Energy partnerships are great ways to gain exposure to America’s energy boom. These newly unlocked sources of energy are helping many sectors of the economy, none more so than the companies that transport and move natural gas and oil. There are three small Master Limited Partnerships (MLPs) that are benefiting greatly from downstream applications of natural gas and processing.
Small but steady
Two weeks ago, when commenting on both the newest Powerball millionaire ($590 million, still unclaimed as of this writing) and David Karp’s sale of Tumblr to Yahoo!, Jim Cramer noted that when one has that kind of money, investment goals can be substantially different than those for ordinary people.
People who are that rich don’t need to invest for growth – merely for preservation. They don’t need to more »
Recently, I have written quite a bit about finding unconventional yields in low rate environments. Up to this point, I have highlighted preferred shares, junk bonds, and a variety of high yielding dividend funds. Last weekend, I continued my search for yield and stumbled upon a couple of very interesting products sporting dividend yields of 9% and 15%.
You may be wondering how its possible to create such high yielding more »
Ongoing fear of higher interest rates resulting from tapering by the Federal Reserve, whereby our central bank would wind down its policy of aggressive bond purchases, has served as a major drag on certain market sectors over the past few weeks.
One sector being hit particularly hard on the possibility of higher interest rates in the near future is the energy sector, and more specifically, oil and gas Master Limited more »
On May 22, the House of Representatives approved a bill declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL pipeline, a move that would take a decision on the project away from the Obama administration.
MLPs are the most stable way to get exposure to the U.S. energy boom in natural gas and oil. Master Limited Partnership pipelines are not exposed to the commodity prices and typically come with outsized dividends. However, MLPs come with special tax considerations too; you should consult a tax specialist before you purchase an MLP.
Companies like ExxonMobil and Chevron are linked to the underlying commodity prices more »
Kinder Morgan Energy (NYSE: KMP) is a master limited partnership based in the United States. Kinder Morgan recently completed a merger with competitor El Paso Pipelines to become the largest mid-stream energy company in the US. Boasting over 72,000 miles of pipeline, Kinder Morgan is also the third largest energy company in the country overall. As we see natural gas become more and more prevalent in our day-to-day economy more »
TransCanada's (NYSE: TRP) proposed Keystone pipeline has been mired in government red tape for years. With a massive body of information and increasingly stringent regulations floated as requirements for the project's approval, all pipeline companies may be impacted by the project, even if it gets turned down.
The Keystone pipeline is intended to bring oil from Canada's oil sands region down through the United States to more »
Kinder Morgan (NYSE: KMP) is the largest U.S. pipeline company and, in its latest quarter, saw net income increase three times to $783 million from $206 million on a year-to-year basis. The company is deriving incremental benefits from its pipeline system with its recent purchase of Tennessee Gas Pipeline and the partial acquisition of El Paso Natural Gas Co. For the future, the company has entered into a long-term more »
Waste Management (NYSE: WM) is the largest trash collection and recycler in the U.S. Waste Management owns the highest landfill acreage of any trash hauling company. With people consistently generating trash and recyclables, the industry of trash collection is evolving. Landfills are now providing commodities like natural gas, and these companies are harnessing it. U.S. cities are demanding more of their waste be recycled, and these management companies more »
As Warren Buffett would say, investors should be greedy when others are fearful and fearful when others are greedy. When it comes to oil and gas Master Limited Partnership Linn Energy (NASDAQ: LINE), it’s fair to say that investors are fearful. The stock has been besieged in recent days by a negative article, which has crushed the stock and shaken the temperament of even the company's most confident more »
At Fastball Financial, we started the year by building a diversified portfolio of 10 Stocks for 2013. The goal of the 10 Stocks for 2013 was to provide you with a portfolio of ten great stocks for:
- Diversification across industries and market caps
- Growth in some of the hottest themes and industries
- Sufficient stability and dividends to offset potential market losses
Thus far, the results unfortunately haven't been all more »
- Page 1 of 5