Buzz Stock of the day: Kinder-Morgan Energy Partners (KMP)

RBC Bank’s Joseph Keating recently summed up Kinder Morgan Energy Partners (NYSE: KMP) in three words: exceptionally high quality.

A “high-class [company] in the pipeline arena,” according to Keating, Kinder Morgan has a dividend yield of 8.4% and a 19.1% return on equity over the last three years.

We love this stock because it has a pretty well-shielded dividend, and performance doesn’t hinge on commodity prices. Regardless of what oil costs, it still has to be moved. That’s where KMP comes in. If you’re looking to add an energy component to your portfolio, Kinder Morgan is definitely an option worth considering.

Tags: buzz stocks, Energy Stocks, infrastructure stocks

This entry was posted on Wednesday, March 11th, 2009 at 9:19 pm by admin and is filed under Energy Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.