This Midstream Powerhouse Has It All!

Income, growth, stability... what's not to like? [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [Monthly Passive Income (Only $25)]( [Passive Income]( Have you seen [this strange monthly income investment]( It's NOT a stock, bond or private company... It has NO age requirements... You do NOT need to be accredited to participate... And you can get in for as little as $25. [Find Out What It Is Right Here]( [THE VALUE METER]( [This Midstream Powerhouse Has It All]( [Anthony Summers, Director of Trading, The Oxford Club]( [Anthony Summers]( This week, I'm answering a reader's request to analyze another energy infrastructure giant, Kinder Morgan (NYSE: KMI). Like Enterprise Products Partners (NYSE: EPD), which I covered in [last week's Value Meter]( Kinder Morgan is a major player in the midstream space and plays a vital role in keeping the lifeblood of the economy flowing. But management still sees plenty of growth opportunities on the horizon. The company has over $3.3 billion committed to projects in its backlog, about 79% of which is devoted to lower-carbon investments like renewable natural gas and carbon capture. As the world transitions to cleaner energy sources, Kinder Morgan appears well positioned to evolve along with it. And thanks to the company's huge infrastructure footprint and knack for squeezing value out of the assets it buys, it has been able to continue generating greater shareholder value over time. For instance, management stated during Kinder Morgan's first quarter earnings call that the company's recently acquired South Texas midstream assets are paying off ahead of schedule and already boosting the company's bottom line. The way I see it, Kinder Morgan's long history of successfully optimizing acquired assets provides a measure of downside protection. And clearly, shareholders agree, as they've been driving significant demand for the stock and pushing it to multiyear highs. [Chart: Kinder Morgan (NYSE: KMI)]( [View larger image]( But is the surge in price warranted? Let's walk through our analysis. Kinder Morgan's enterprise value-to-net asset value (EV/NAV) ratio is about 2.4. That's roughly 60% below the average EV/NAV of 6 among firms with similar financial profiles. This suggests that the market is valuing Kinder Morgan's cash-generating assets at a significant discount to its peers'. But why? Based on its net asset value, Kinder Morgan's cash flow is small compared with the broader market's. (As I [pointed out last week]( that's a common trait among mature midstream companies. But while they may lack explosive growth, they make up for it with their consistency.) So... what does this tell us about the stock's valuation? [Finish Reading and Get My Value Meter Rating]( [The Oxford Club's 2024 Private Wealth Seminar, October 7-8, 2024 at the Wequassett Resort and Golf Club in Cape Cod, Massachusetts. Details here.]( SPONSORED [Yours Free! Top FIVE Dividend Stocks Right Now]( Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Ultimate Dividend Package... completely free of charge! You'll discover... - An "A"-rated, ultra-safe dividend stock with a huge 8% yield - Three of Marc's favorite "Extreme Dividend" stocks, which could supercharge your income - And finally, Marc's No. 1 dividend stock for a LIFETIME of income. [Click here to get the names and ticker symbols now](... before the download link expires. **NO CREDIT CARD REQUIRED!** BUILD AND PROTECT YOUR WEALTH [Discover the Top Passive Income Opportunity for 2024...]( [How to Use the "Best Six Months" Strategy]( [Wall Street PROJECTS $30 Energy Stock Will Rise to $280 in 18 Months!]( [Utilize This Free Benefit Today]( MORE FROM WEALTHY RETIREMENT [Article]( [Investors Should Be Glad About Gladstone Capital's 9% Yield]( [Article]( [Don't Trade Without These 2 Chart Patterns]( [Article]( [When Company Insiders Talk... You Should Listen]( [Article]( [Kimberly-Clark Is in a League of Its Own]( [Facebook]( [Facebook]( [LinkedIn logo]( [LinkedIn]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AThis midstream player is doing exactly what it should be doing: reliably delivering results and returning value to shareholders.%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AThis midstream player is doing exactly what it should be doing: reliably delivering results and returning value to shareholders.%0D%0A%0D [Push Alert]( [Push Alert]( SPONSORED [Legendary Investor Paul Tudor Jones Predicts "Violent Death" for Putin]( [Putin Stressed]( Source: [Wikimedia Commons]( Few people know this, but Putin just made the single biggest mistake of his life. It's not invading Ukraine... but it could have a profound effect on world markets. A market expert breaks down the opportunity [here](. [The Oxford Club]( You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Wealthy Retirement]( | [Unsubscribe]( © 2024 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [877.808.9795](#) | International: [+1.443.353.4621](#) [Oxfordclub.com]( Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.