Kinder Morgan Energy Partners has the Lowest Beta in the Oil & Gas Storage & Transportation Industry (KMP, ENB, KMR, TRP, BDCO)
Below are the top five companies in the Oil & Gas Storage & Transportation industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Kinder Morgan Energy Partners (NYSE:KMP) ranks first with a beta of 0.8; Enbridge (NYSE:ENB) ranks second with a beta of 0.8; and Kinder Morgan Management (NYSE:KMR) ranks third with a beta of 0.8.
TransCanada (NYSE:TRP) follows with a beta of 0.9 and Blue Dolphin Energy (NASDAQ:BDCO) rounds out the top five with a beta of 0.9.
SmarTrend is bullish on shares of ENB and our subscribers were alerted to Buy on June 03, 2010 at $46.94. The stock has risen 4.8% since the alert was issued.
Keywords: keywords: nyse:kmp Kinder Morgan Energy Partners lowest beta