CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Kinder Morgan is a large and famous energy infrastructure corporation based in the USA. It operates almost 84,000 miles of pipelines and 155 terminals. Kinder Morgan’s pipelines transfer natural gas, crude oil, gasoline and carbon dioxide. The company’s terminals handle and store chemicals and petroleum products. Generally, Kinder operates as a huge toll road and receives a commission for its services, eliminating the commodity price risk. The company’s major customers include large oil companies, local distributors and energy producers.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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