An excellent, must-read piece on Kinder Morgan (KMI) by Izabella Kaminska on FT Alphaville today. She writes:
But is it? Is it really? At least for the ordinary investors?
We’ve already wondered about the motivation for the deal.
Kaminska goes granular questioning the ongoing spectacle with MLPs, CEO Rich Kinder’s financial alchemy and more.
As you may have already guessed, Hedgeye energy analyst Kevin Kaiser figures prominently in the story.
Click here to read on FT.