Buying KMI @ $16.03
2% position
It's no secret that I'm a green/climate-focused investor. I love investing in companies that are helping the energy transition and building renewable power. But we'll still need some amount of oil & gas for the components of our electrified products, and what better way to invest in the commodity complex than by purchasing the toll road owner. That's what Kinder Morgan does - owns the toll roads (pipelines) that transport our commodities.
KMI pays a 6.7% dividend and has sold off in the last few months. Not a bad time to be a buyer.
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