Kinder Morgan Inc Class P

KMI: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Kinder Morgan Earnings: Long-Term Growth Depends on US Gas Demand Trends

We reaffirm our $22 fair value estimate after reviewing Kinder Morgan's third-quarter and year-to-date results. We also reaffirm our narrow moat rating.

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