Kinder Morgan Executive Sells Shares Amid Strong Financial Performance
Kinder Morgan V.P. Schlosser sells $199,840 KMI shares
Investing Australia
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John W. Schlosser, Vice President at Kinder Morgan, Inc., sold 6,166 shares for $199,840 on May 5, 2026, under a pre-arranged trading plan. This sale follows a strong financial quarter for the company, with earnings surpassing expectations and a notable stock performance.
- 01John W. Schlosser sold 6,166 shares of Kinder Morgan for $199,840.
- 02The shares were sold at an average price of $32.41 each.
- 03Kinder Morgan reported a 23.08% earnings surprise in Q1 2026.
- 04The company's revenue for the quarter reached $4.83 billion, exceeding forecasts.
- 05Jefferies adjusted its price target for Kinder Morgan from $36 to $34.
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On May 5, 2026, John W. Schlosser, Vice President of Terminals at Kinder Morgan, Inc. (NYSE: KMI), sold 6,166 shares of the company's Class P Common Stock for a total of $199,840. The shares were sold at a weighted average price of $32.41 per share, close to the current stock price of $32.29. This transaction occurred under a pre-arranged 10b5-1 trading plan adopted on May 7, 2025. Following this sale, Schlosser retains 176,540 shares of Kinder Morgan. The sale coincides with Kinder Morgan's strong financial performance, as the company reported an earnings per share (EPS) of $0.48, surpassing expectations of $0.39, marking a 23.08% earnings surprise. The company's revenue for the first quarter of 2026 reached $4.83 billion, exceeding the anticipated $4.63 billion. Despite this positive performance, Jefferies lowered its price target for Kinder Morgan from $36 to $34, while maintaining a Hold rating, citing that the stock is currently overvalued relative to its fair value.
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