This Top Energy Stock Has Never Seen as Rich an Investment Opportunity as It's Experiencing Right Now

Kinder Morgan's (NYSE: KMI) co-founder and executive chair, Richard Kinder, knows the natural gas midstream space as well as anybody. He's helped build the company into the country's leader in natural gas infrastructure. Kinder Morgan operates 60,000 miles of gas pipelines (which move 40% of the country's gas production) and has interests in 702 billion cubic feet of working gas storage capacity (15% of the country's total). He's played a role in developing many of those assets over the years to help support the growing demand for gas. That demand is stronger than ever, according to his comments on the recent third-quarter earnings conference call. This view drives the pipeline company's confidence that it should grow meaningfully for years to come.Richard Kinder led off Kinder Morgan's third-quarter conference call, as he always does, by providing an outlook on the natural gas market. He reminded listeners, "Over the past few quarters, I've talked about our view of the future demand for natural gas, with strong growth being driven by LNG exports, exports to Mexico, and electric generation." Those catalysts could add another 20 billion cubic feet per day (Bcf/d) of incremental natural gas demand by 2030 (from last year's level of 108 Bcf/d). Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool