OK article on KMI's current situationFor all long term holders out there, don't panic. What you saw was panic selling. After Moody's did its usual attrocities.
That's the only reason guys like me are here. To buy from panic sellers.
Many of the articles on SA are junk because they are written with people with position and this is no exception. Author uses the situation to pump his own stock he's long on comparing it to KMI. sigh.... has some good points but just remember the author is setting the article to pump his own stock which he finds better.
https://seekingalpha.com/article/3735956-kinder-morgan-inc-trying-to-separate-facts-from-sentiment
Here is some take away comments from the article:
"The company is expected to generate about $5 billion in distributable cash flow next year. We don't know what the company's capital budget will be next year, but this year Kinder Morgan spent some $3 billion on growth projects and about $3.5 billion on acquisitions."
From there, do you own math because the SA author needs to shake his head on his flawed assumptions and numbers for the rest of the article.