Another Look in History

Phil Town was talking the other day about a old company that has radically changed: Kinder Morgan (KMI)
Phil noticed that back then CNN financial likes the KMI stock: Canadian pipelines add juice to consistent earnings base.
Here’s why Phil Town kinda sort of might like it some. If you look at the Historical Growth Rate of 23% a year, Mr. Towns notes that the Analysts estimated Growth Rate of 7-12%. With a historical PE of 20, The stickerSticker Price is $100 with a MOS Price of $50. It’s selling for $92. If I want to invest in natural gas, which I do, and if things go medium well, my ROI might be about 16% a year. This is more like investing. Not everything has to go right and I can still do okay. If KMI manages to hit its plus 20% growth, this one is going to be a good investment, so it's worth looking into deeper. The big question is: Will ethanol kill growth in the gas and oil industry? Doesn't really look like that ever happened. So while it could be awesome for the right Payback Time investor back years ago but now it totally missed the mark.