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Kinder Morgan Energy Partners, L.p. (KMP) [hlAlert]

Rating:
Buy KMP
up 91.78 %

Kinder Morgan Energy Partners, L.p. (KMP) rated Buy

Posted on: Monday,  Jul 30, 2007  11:25 AM ET by AG Edwards

AG Edwards rated Buy Kinder Morgan Energy Partners, L.p. (NYSE: KMP) on 07/30/2007, when the stock price was $53.20.
Since then, Kinder Morgan Energy Partners, L.p. has gained 91.79% as of 11/26/2014's recent price of $102.03.
If you would have followed this AG Edwards's recommendation on KMP, you would have gained 91.78% of your investment in 2676 days.

Kinder Morgan Energy Partners, L.P. (KMP) is a pipeline transportation and energy storage company in North America. The Company owns an interest in or operate more than 26,000 miles of pipelines and approximately 170 terminals. The pipelines transport natural gas, gasoline, crude oil, carbon dioxide and other products, and the terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. KMP is also a provider of carbon dioxide for the oil recovery projects in North America. The Company operates in five business segments: product pipelines, natural gas pipelines, CO2 , terminals and Kinder Morgan Canada. On April 1, 2008, the Company sold its 25% equity ownership interest in Thunder Creek Gas Services, LLC to PVR Midstream LLC, subsidiary of Penn Virginia Corporation. In October 2009, Crosstex Energy, L.P. and Crosstex Energy, Inc. completed the sale of its natural gas treating business to Kinder Morgan Energy Partners, L.P.

Wachovia Corp. said it would acquire A.G. Edwards Inc. for $6.8 billion in cash and stock in a deal to form one of the largest retail stock brokerages in the United States.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2007 11:25 AM Buy
None
53.20 62.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  26.49 %

(*) Stock Price at the time of the recommendation.
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