Kinder Morgan Inc Reports Solid 1Q15 Results (KMI)
Kinder Morgan Inc (NYSE:KMI), first quarter 2015 report (1Q15) is solid [Source]. While KMI is up about 30% since our initial purchase in October 2014, at the current share price level of about $43/share it still offers a strong potential return with a healthy margin of safety. We believe the company is on track to achieve $60-70 per share in the next 3-5 years while we are paid an additional $6-12 per share dividend while we wait for these total returns averaging about 26% per year. As an infrastructure company, KMI offers many desirable investment characteristics and is still an attractive buy with a 30% margin of safety.