Every few months, I like to review the most intriguing open market purchases made by CEOs, CFOs and other key insiders. These folks typically have a clear read on business trends — even better than the rest of us — and their cash commitment should be a catalyst for further research. These days, I am steering clear of insider buying at energy producers. These insiders have been premature in their hopes for a rebound, and it’s simply too uncertain to know when this sector will get going again. I am, however, intrigued by other energy-related industries, such as the… Read More
Every few months, I like to review the most intriguing open market purchases made by CEOs, CFOs and other key insiders. These folks typically have a clear read on business trends — even better than the rest of us — and their cash commitment should be a catalyst for further research. These days, I am steering clear of insider buying at energy producers. These insiders have been premature in their hopes for a rebound, and it’s simply too uncertain to know when this sector will get going again. I am, however, intrigued by other energy-related industries, such as the master limited partnerships (MLPs), many of which are more sensitive to volumes than pricing. Here are three companies with heavy insider buying that recently caught my attention. #-ad_banner-#Kinder Morgan, Inc. (NYSE: KMI) Richard Kinder is seen by many as one of the pioneers of the energy MLP business models. His firm has either built or acquired many pipeline assets over the years, which has enabled Kinder Morgan to be among the steadiest producers of growing dividends. So when Richard Kinder paid $3.95 million to acquire 100,000 shares in mid-March, it was surely noteworthy. According to… Read More