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Wednesday, July 20, 2005

knider morgan raises distribution to $3.12 annually from $3

http://biz.yahoo.com/prnews/050720/daw051a.html?.v=1

2 comments:

PRINTEAM BLOG said...

Joe,
I listened to Rich Kinder's presentation and, as far as I could tell, heard no "bombshell announcements", reasonable (not spectacular) growth and that's it. Certainly nothing that would warrant the 50% increase in KMI in the last 6 months.
What's your take?

joewxman said...

i did not get a chance to hear the call...i'll check the replay but i would agree if everything is status quo then the stock might sell on the news tomorrow.

The whole group has been running gangbusters so that would account for some of the gains.