25 years ago, I started telling friends, family, and anyone who would listen about an unprecedented societal shift that was barreling down on us.
I’d discovered that a new technology was about to unleash massive, almost unimaginable, changes. I likened the impact to the railroad boom, the Industrial Revolution, and the rise of personal computing.
At the time, I was working as an investment analyst for an elite research group, but my colleagues and bosses refused to listen to me.
No matter what I said, they simply would not acknowledge the sands shifting beneath their feet.
The legendary Dr. Kurt Richebächer – one of the world’s leading Austrian economists – even called me and my ideas “radical.”
But I was certain this new technology would trigger a transformation that was simply unfathomable to most people and those on the frontier could reap financial returns unlike any the world had ever seen before.
So, I decided to put my entire career – not to mention every cent I had – on the line to spread the story myself.
I left my job as a research analyst… went home to my third-floor apartment in one of Baltimore’s worst neighborhoods… and with a borrowed laptop I wrote my first financial prophecy.
And in an investment paper that’s now been read by more than one hundred thousand people…
I explained how the endless miles of new fiber optic cables being laid was creating a new railroad across America.
And that this new “railroad” was going to upend the telecommunications industry and pave the way for a new internet economy.
I also warned it would decimate some of America’s most dominant companies like AT&T.
At the time, this was an outlandish idea, with analysts calling AT&T “dominant”, “unstoppable”, and “the giant that no other company can topple.”
But those who were willing to open their minds to my so-called “radical” ideas were not only able to sell these companies before they collapsed…
They also had the chance to get in early on the firms that would go on to command this new internet economy:
Amazon, Adobe, Qualcomm, SunMicrosystems, Uniphase, Texas Instruments… These are household names now but when I first recommended them in the late 90s, they were complete unknowns.
Since then, I’ve issued a number of other financial prophecies, many of which have come to pass precisely as I predicted.
Including the names of the companies to buy and sell if you want to capitalize on the multi-trillion-dollar revolution this technology promises to usher in.
Enjoy.
Porter Stansberry
Today’s Bonus Article
Kinder Morgan: At the Hotspot of the Natural Gas Revolution
Written by Thomas Hughes
Kinder Morgan (NYSE: KMI) is poised to grow robustly over the coming years, at a steady and reliable pace that income investors can appreciate. Growth will be driven by the combination of its expanding natural gas pipeline network and capacity, compounded by increasing demand for these resources.
Demand growth, forecast by KMI at 20% through the decade’s end, is tied to decarbonization and the rapid expansion of natural gas infrastructure, including numerous projects coming online globally this year and next.
“With historic growing natural gas demand forecasts, a positive federal regulatory environment, and highly supportive federal permitting agencies, the future for our company is very bright,” said Executive Chairman Richard D. Kinder.
The steady and reliable growth pace fuels a steadily improving cash flow, ample profits, and the ability to self-fund expansion while paying its substantial dividend and maintaining a healthy balance sheet.
The dividend is a critical factor for this investment, as it pays more than 4.2% as of mid-July, and the distribution is expected to increase over time.
Kinder Morgan’s dividend payment is safe and reliable, despite its eye-popping, nearly 100% payout ratio. While a red flag, this company’s business model includes long-term contracts that provide clear revenue and earnings visibility, allowing it to pay dividends from its distributable cash flow, which is superior and sufficient, providing a payout ratio of 65% in FQ2 2025.
At the quarter’s end, balance sheet highlights include mildly increased liability offset by steady cash, increased total assets, and rising equity. Leverage also remains low, with long-term debt running at approximately one times the equity, and credit costs declining due to recent improvements in credit ratings.
Two of the major rating agencies lifted their outlook to positive, indicatingpotential for an upgrade, while the other affirmed its BBB rating and stable outlook.
Kinder Morgan Delivers Results for Investors: Guidance is Improved
Kinder Morgan had a solid Q2 with revenue of $4.04 billion, growing by 13.2% and outpacing MarketBeat’s reported consensus. The outperformance is substantial, topping the consensus forecast by 550 basis points, driven by strength in the natural gas and LNG export segments.
Margin news is also favorable, with natural gas margins realigning with long-term trends as projects come online. The only bad news is that analysts had expected a little more; the $0.28 in adjusted earnings is as expected despite the top-line strength.
The guidance serves as a catalyst for a long-term increase in share price. It was improved, with management expecting to exceed its forecast by at least the contribution of its recent acquisition. That forecast puts full-year net income growth well above the 8% originally forecasted and is supported by the growing backlog.
The company’s project backlog increased to $9.3 billion, a 6% net increase, with new projects outpacing those put into service by nearly 2-to-1 on a dollar basis.
Analysts Provide Support for KMI Stock in H2 2025
The analysts’ trends for KMI stock in the early second half of 2023 are positive and provide a lift for the market.
Not only is the coverage increasing, but positive price target revisions support the firm’s Moderate Buy rating.
The consensus in mid-July is for a 10% upside while the trend leadsto the high-end range, which tops out at $38. The $38 target represents a 38% upside in addition to the 4.2% dividend yield. The institutional group similarly supports KMI stock.
They own more than 60% of the shares, their activity ramped to a multi-year high in 2025, and they are buying on balance, netting nearly $2 in shares for every $1 sold through mid-July.
Thank you for subscribing to Earnings360, a morning newsletter that summarizes quarterly earnings for public companies that trade on U.S. markets.
This message is a paid advertisement sent on behalf of Porter & Company, a third-party advertiser of Earnings360 and MarketBeat.
If you have questions about your subscription, don’t hesitate to contact our South Dakota based support team at contact@marketbeat.com.
If you no longer wish to receive email from Earnings360, you can unsubscribe.