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What’s Driving Williams Partners’ Strong Stock Performance?

Williams Partners (WPZ) has been one of the best-performing energy stocks since the start of this year. WPZ, which is the midstream MLP subsidiary of Williams Companies (WMB), has gained 11.4% in the first nine trading sessions of the year. At the same time, the Alerian MLP ETF (AMLP), which comprises 25 energy MLPs, has risen 9.3% while the broader US markets represented by SPDR S&P 500 ETF (SPY) has gained 4. (12-0)

Not Getting Kindered Again

11h seekingalpha
It is not time to worry though, the company is on track to deliver on its plans. (6-0)

TransCanada: Keystone XL Update, Simply Not Good Enough

13h seekingalpha
TransCanada (NYSE:TRP) today announced an update on its long-delayed Keystone XL ("KXL") pipeline project. We view the update as slightly disappointing overall. More importantly, TransCanada yet once again failed to announce a final investment decision which was originally scheduled for December 2017. (12-0)

How Tax Cut Impacted Kinder Morgan’s 4Q17 Results

The reduction of the corporate income tax rate from 35% to 21% impacted Kinder Morgan’s (KMI) results in 4Q17. In this part, we’ll discuss how the tax cut impacted KMI’s earnings for the quarter as well as its impact on the company’s future earnings. In 4Q17, KMI recorded a $1.4 billion non-cash charge due to the tax cut. This was because the company had to adjust some of its deferred tax assets at the new reduced rate. (6-0)

New dispute resolution rules for Trans Mountain pipeline permits company to skirt local rules, says critic

An environmental lawyer says the National Energy Board's new process for resolving permitting issues gives Kinder Morgan the ability to circumvent local rules for its Trans Mountain pipeline expansion.  (6-0)

BRIEF-Kinder Morgan says pleased with NEB's decision to set out a process for resolving permit disputes

2018-01-19 reuters

Canada regulator sets out process for pipeline permit disputes

2018-01-18 reuters
VANCOUVER (Reuters) - The National Energy Board on Thursday set out a process for resolving permit disputes related to Kinder Morgan Canada’s Trans Mountain pipeline expansion project, which has faced repeated delays due to difficulty in obtaining permits. (6-0)

Kinder Morgan’s 4Q17 Distributable Cash Flow Rose 4%

Kinder Morgan (KMI) reported its 4Q17 results on January 17, 2018, after the markets closed. The company reported adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $1,896 million for the quarter, up 3.7% from $1,829 million in 4Q16. Adjusted EBITDA excludes the impacts of depreciation, amortization, and other non-cash expenses, making it a useful metric to evaluate the underlying performance of a company. (6-0)

HAL or SLB: Which Oil Stock Looks Better Ahead of Q4 Earnings?

2018-01-18 zacks
Kinder Morgan Inc. (KMI - Free Report) reported fourth-quarter results on Jan 17, kicking off the earnings season for the energy space.  (12-0)

Dreadful Earnings Visibility Downgrade Kinder Morgan (KMI) to Strong Sell

2018-01-18 investorplace
Kinder Morgan Inc (NYSE:KMI) is one of the 170 companies in the GICS Industrial Services sector, and a constituent of the 54 company Oil & Gas Pipelines GICS industry group within this sector. KMI has a market value of $43.6 billion which is in the top 10% of its industry group. The current Portfolio Grader ranking for KMI puts it 45 among the 54 companies in this industry group, a position that is well below-average; squarely in the bottom quartile of the sector with a ranking of 146 among the 170 companies in the sector, and number 4,303 in the nearly 5,000 company Portfolio Grader universe. (6-0)

GLOBAL MARKETS-Stocks dip after rally as energy weighs; bond yields climb

2018-01-18 reuters
NEW YORK (Reuters) - World equity markets dipped on Thursday, pausing after a string of record highs, while a decline in oil prices dragged on energy shares and the U.S. stock market. (6-0)

Stock Market News for Jan 18, 2018

2018-01-18 zacks
Strong earnings results led benchmarks to close in positive territory on Wednesday, with the Dow finishing above 26,000 for the first time. Moreover, all the three key U.S. indexes settled at new record highs after closing in the red on Tuesday. Additionally, in its Beige Book, the Fed provided an encouraging outlook about the U.S. economy, which in turn also boosted investor sentiment. Both the Dow and S&P 500 posted their best 11-trading day start for the first time in a year since 1987, following which bond yields and the U. (349-0)

US stock indexes edge lower in early trade; oil prices slide

U.S. stock indexes edged lower in early trading Thursday, pulling back slightly from the market's latest record highs. Losses by health care stocks and other sectors were outweighing gains by technology companies. Energy stocks also fell as crude oil prices declined. (678-0)

Kinder Morgan (KMI) Beats Q4 Earnings and Revenue Estimates

2018-01-18 zacks
Kinder Morgan Inc. (KMI - Free Report) reported fourth-quarter 2017 earnings of 21 cents per share from continuing operations. The bottom line beat the Zacks Consensus Estimate of 18 cents and improved about 10.5% year over year from 19 cents. Full-year 2017 earnings of 66 cents beat the Zacks Consensus Estimate of 65 cents and wa sin line with the year-ago figure. Total revenues for the quarter rose 7. (42-0)

Kinder Morgan Looks Ahead to Delay on Canada Pipeline, Benefits From New Tax Law

2018-01-18 247wallst
Kinder Morgan Inc. (NYSE: KMI) reported fourth-quarter and full-year 2017 results after markets closed Wednesday. The midstream giant posted quarterly adjusted earnings per share (EPS) of $0.21 per share on revenues of $3.63 billion. In the same period a year ago, it posted EPS of $0.18 on $3.39 billion in revenues. Consensus estimates had called for $0.18 in EPS and revenues of $3.63 billion for the quarter. (6-0)

CUSIP: 49456B101