I have purchased 31 shares of KMI. This will add $55 of yearly dividends. I will be sitting on the sidelines for some time for CVX and COP. Recent news from OPEC to not halt production have lowered WTI even further, making many companies involved in oil volatile.
Good buy, I've been thinking about adding to my position here after the big announcement about the merger. I will likely be adding to my energy exposure as prices drop further. I see opportunity here and I think in the long term energy will recover nicely.
ReplyDeleteI would love to own KMI. I wish I would have picked some up in October when it was down... Overall, a solid buy that will reward you for years to come.
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