Quote:
Originally Posted by WSSix
For now, my opinion of KMI is staying the same. Since I am long term, what should hopefully turn out to be a temporary cut in the dividend doesn't bother me. Their business is strong and on track for continued growth. They are still paying a good dividend, too. So to me, this isn't things aren't going well for the company. It's people upset that things aren't going as well as they want them to. We'll see if this continues to hold true in the coming quarters. If so, it may be a good time to be buying more shares.
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I consider KMI as being in a "collateral damage" situation - one that nobody could foresee.... nor could prepare for. Oil and everything it touches is taboo for now. I just hope it's only 2 or 3 years. That's not very long. The housing debacle now seems light years ago...