Investing Topics: Kinder Morgan

Even without a repeat of the company’s Q1 windfall, the benefits to Kinder Morgan Inc.’s (NYSE: KMI) underlying business and balance sheet are likely to continue flowing throughout the rest of 2021 and beyond.

Getting Kinder Morgan Inc's (NYSE: KMI) Permian Highway Pipeline on line and running was not without obstacles. And getting it past fierce opposition testifies to the strength of Kinder’s management

The numbers were never going to be pretty for North American energy midstream companies. Management teams warned this spring that Covid-19 fallout was crushing volumes on both the upstream and downstream ends of the business. But with Kinder Morgan Inc. (NYSE: KMI) clearly managing these turbulent times, investors can afford to remain patient with this sector.

In 2017, financially recovering Kinder Morgan Inc (NYSE: KMI) promised investors three dividend increases. This week, for the third increase it offered up a 5 percent lift for 2020, just 20 percent of what was promised. Under normal conditions, I’d view a shortfall like this as a potential warning of underlying business weakness. In Kinder's case, here's why it's not.