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Summary: Kinder Morgan (NYSE: KMI) is one of the largest energy infrastructure companies in North America. A convenient way to buy Kinder Morgan stock is through a reputable brokerage platform like eToro.
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About Kinder Morgan
Established in 1997, Kinder Morgan operates pipelines and terminals for transporting natural gas, crude oil, refined petroleum products, and other energy commodities. With a vast network spanning thousands of miles, Kinder Morgan plays a crucial role in facilitating the movement of energy resources across the continent.
If you’re looking for other pipeline stocks, you can check out our guides on:
- How to Buy Enterprise Products Partners Stock;
- How to Buy Oneok Stock;
- How to Buy Williams Companies Stock;
- How to Buy Energy Transfer Stock.
Kinder Morgan IPO
Kinder Morgan’s IPO took place in 2011 when the company merged with Kinder Morgan Energy Partners, Kinder Morgan Management, and El Paso Pipeline Partners. This consolidation created a single publicly traded entity, Kinder Morgan, Inc. (NYSE: KMI), which trades on the New York Stock Exchange.
How to buy Kinder Morgan stock: Step-by-step
Investing in Kinder Morgan stock involves a few straightforward steps:
Step 1: Choose the right broker
To buy Kinder Morgan stock, you’ll need to open an account with a brokerage firm that provides access to the NYSE, where KMI shares are traded. As such, our go-to broker is eToro, a reputable platform with over 30 million registered accounts and a whole range of useful investing features, such as:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- Charting tools;
- A user-friendly platform that simplifies the trading experience.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Fund your account
Once you’ve selected a broker, you’ll need to fund your brokerage account. Most brokers allow you to deposit funds via bank transfer, wire transfer, or electronic funds transfer (EFT). You should, therefore, follow your broker’s instructions to transfer money into your account.
Step 3: Place your order
After funding your account, you’ll be ready to place an order to buy Kinder Morgan stock. Here’s how to do it:
- Log in to your brokerage account and navigate to the trading platform;
- Enter the ticker symbol KMI into the order entry field;
- Specify whether you want to buy a certain number of shares or invest a specific dollar amount;
- Choose the type of order you wish to place (e.g., market order, limit order, etc.);
- Review your order details and submit it for execution.
Kinder Morgan stock price today
Is Kinder Morgan a buy, sell, or a hold?
To better understand whether to buy or sell Kinder Morgan stock, you can check out this technical analysis widget from TradingView. It presents a dynamic overview of KMI stock, using diverse technical indicators like moving averages and oscillators to provide a real-time snapshot of its present trends and potential future trajectory.
Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.
Pros and cons of buying Kinder Morgan stock
Before investing in Kinder Morgan stock, it’s key to consider the potential advantages and drawbacks:
Pros
- Dividend income: Kinder Morgan has a history of paying dividends, providing a source of passive income for investors;
- Growth potential: As a leading player in the energy infrastructure sector, Kinder Morgan stands to benefit from increased demand for energy transportation and storage;
- Diversification: Investing in Kinder Morgan stock can help diversify your investment portfolio, reducing overall risk.
Cons
- Energy market volatility: Kinder Morgan’s performance is closely tied to the energy market, which can be volatile and subject to fluctuations in commodity prices;
- Regulatory risks: The energy industry is subject to extensive regulation, which could impact Kinder Morgan’s operations and profitability;
- Environmental concerns: Public scrutiny of the environmental impact of fossil fuel infrastructure projects may pose challenges for Kinder Morgan in the long term.
Common investing mistakes when buying stocks
When purchasing Kinder Morgan stock or any other investment, you should make sure to avoid making these common investing mistakes:
- Not conducting thorough research: Before investing, research the company’s financial health, growth prospects, and industry trends to make informed decisions;
- Failing to diversify: Putting all your money into a single stock exposes you to significant risk. Diversify your portfolio across different asset classes and industries;
- Ignoring fees and commissions: Trading fees and commissions can eat into your returns over time. Compare brokerage fees and choose a low-cost provider;
- Letting emotions drive decisions: Avoid making impulsive decisions based on fear or greed. Stick to your investment strategy and remain disciplined.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Kinder Morgan stock
Is Kinder Morgan a good stock to buy?
The suitability of Kinder Morgan as an investment depends on your individual financial goals, risk tolerance, and investment timeframe. As such, conduct thorough research and consider consulting a financial advisor before making any investment decisions.
What kind of dividend does Kinder Morgan pay?
Yes, Kinder Morgan pays dividends to its shareholders. However, dividend payments are subject to change and may vary over time depending on the company’s financial performance and capital allocation priorities.
Can I buy Kinder Morgan stock directly from the company?
No, Kinder Morgan does not offer a direct stock purchase plan (DSPP) for individual investors. You’ll need to buy KMI shares through a brokerage account like eToro.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
