Previous close | 1.9000 |
Open | 2.4500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 7.50 |
Expiry date | 2024-12-20 |
Day's range | 1.9000 - 2.4500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Kinder Morgan (KMI) generates stable fee-based revenues from its vast network of midstream infrastructure. However, a slowdown in drilling activities might affect it.
With a significant portion of its assets being contracted by shippers for the long term, Enbridge's (ENB) business model is less exposed to volatility in oil and gas prices.
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like GIII, CAL, PAM, PUMP and GBX hold promise.