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Richard Kinder remains bullish on Kinder Morgan

Long
NYSE:KMI   Kinder Morgan, Inc.
In 2019 Mr Richard Kinder has bought $90 million of stock in his own company, insiders now own 14% of the total stock.
“We are very bullish on the future of natural gas,” says Kinder, one of the nation’s top energy sector experts. “Natural gas is critical to our American economy, to satisfy the growing energy needs around the world, and very importantly, to reducing our greenhouse gas emissions in a cost-effective manner.”
Kinder Morgans moat in the market is that it does not get affected by prices as the own the transportation infrastructure which has a fixed cost, Mt Trump is also very eager to push through planning for the expansion of the pipe network so as to grow the sector by 30% by 2030.

Kinder Morgan, Inc. is an energy infrastructure company. It engages in the operation of pipelines and terminals that transport natural gas; gasoline; crude oil; carbon dioxide (CO2) and other products and stores petroleum products chemicals; and handles bulk materials like ethanol, coal, petroleum coke and steel. The firm operates through the following segments: Natural Gas Pipelines, CO2, Terminals, Product Pipelines and Kinder Morgan Canada. The Natural Gas Pipelines segment engages in the ownership and operation of major interstate and intrastate natural gas pipeline & storage systems, and natural gas & crude oil gathering systems and natural gas processing & treating facilities. The CO2 segment is focused on the production, transportation and marketing of CO2 to oil fields that use CO2 as a flooding medium for recovering crude oil from mature oil fields to increase production. The Terminals segment engages in the ownership and operation of liquids and bulk terminal facilities located throughout the U.S. and portions of Canada that transload and store refined petroleum products, crude oil, chemicals, ethanol & bulk products, including coal, petroleum coke, fertilizer, steel and ores. The Products Pipelines segment owns and operates refined petroleum products, NGL and crude oil and condensate pipelines that primarily deliver, among other products, gasoline, diesel & jet fuel, propane, crude oil and condensate to various markets. The Kinder Morgan Canada segment is focused on the operation of the Trans Mountain pipeline system that transports crude oil and refined petroleum products from Edmonton, Alberta, Canada for marketing terminals and refineries in British Columbia, Canada and the state of Washington. The company was founded by Richard D. Kinder and William V. Morgan in February 1997 and is headquartered in Houston, TX.

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