- Motley Fool
2 No-Brainer, High-Yield Dividend Stocks to Buy Right Now for Less Than $1,000
The world will need a lot more natural gas in the coming years.
- Reuters
US court puts on hold permits for Kinder Morgan unit to build Tennessee pipeline
The proposed Cumberland Project, set to be constructed by Kinder Morgan's Tennessee Gas Pipeline, could transport about 245,000 dekatherms per day of additional natural gas to power supplier Tennessee Valley Authority. On a 2-1 vote, Cincinnati-based 6th U.S. Circuit Court of Appeals put a hold on the Tennessee Department of Environment and Conservation's order issuing a water quality certification and the Army Corps of Engineers' issuance of a permit.
- Benzinga
Kinder Morgan's 'Core Business Is Robust Now,' BofA Upgrades Stock
BofA Securities has upgraded Kinder Morgan (NYSE:KMI), an energy infrastructure company that owns and controls oil and gas pipelines and terminals. The analyst notes stabilized base business. The company is scheduled to report third-quarter 2024 earnings on 16 October, with analysts estimating $0.27 for adjusted EPS and $3.95 billion for revenues. Amid uncertainty in the energy sector, the analyst recognizes the potential in companies with contracted natural gas pipelines. With increasing demand
