If you look at the universe and study the universe, what you find is that there is no evidence that we need anything other than the laws of physics and the other laws of science to explain everything we see. There's absolutely no evidence that we need any supernatural hand of god. -- Lawrence Krauss, World-Renowned Physicist
There is probably no other notion in any field of science that has been as extensively tested and as thoroughly corroborated as the evolutionary origin of living organisms. -- Encyclopedia Britannica
FAITH. No one word personifies the absolute worst and most wicked properties of religion better than that. Faith is mind-rot. It’s the poison that destroys critical thinking, undermines evidence, and leads people into lives dedicated to absurdity. It’s a parasite regarded as a virtue. -- PZ Myers
Religion is the antithesis of science, an anesthetic for the mind that disables critical thought and encourages the acceptance of inanity as fact, and wishful thinking as evidence. -- PZ Myers

Tuesday, December 9, 2014

12/9/2014 SOME GOOD NEWS ABOUT KMI

NEW YORK , Dec. 9, 2014 /PRNewswire/ -- Analyst Report Issued by Small Cap IR -- Kinder Morgan Incorporation (NYSE-MKT: KMI) is the largest energy infrastructure company in North America with an enterprise value of more than $125 billion. It owns an interest in or operates approximately 80,000 miles of pipelines and 180 terminals. The pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide (CO2) and more. The company also stores or handles a variety of products and materials at its terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke and steel.

The company's customers include major oil companies, energy producers and shippers, local distribution companies and businesses across many industries. In most of its businesses though, Kinder Morgan(KMI) operates like a giant toll road and receives a fee for its services, generally avoiding commodity price risk.

The two major commodities serviced by Kinder Morgan(KMI) are oil and natural gas, respectively accounting for 34% and 54% of 2014 earnings. However, the company has been more resolute in the face of the oil sell-off. As the firm's contracts are major drivers of the stock price performance regardless of natural gas and oil price performance, its cash flows remain stable, avoiding commodity price revenue risk. Given current energy price movements, Kinder Morgan(KMI) stands out as a stable name in a world of volatility, and can provide some peace of mind in an energy-exposed portfolio.

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