Kinder Morgan Inc vs Live Nation Entertainment, Inc. — how do they compare? Kinder Morgan Inc trades at $31.6 (market cap $70.10B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Kinder Morgan Inc is the larger of the two by market cap, and Kinder Morgan Inc pays a 3.75% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| KMI | LYV | |
|---|---|---|
Market Cap | $70.10B | $42.71B |
Sector | Energy | Industrials |
52-Week High | $34.31 | $186.59 |
52-Week Low | $25.84 | $125.61 |
Enterprise Value | $102.15B | $44.92B |
Dividend Yield | 3.75% | — |
Trailing returns across standard periods
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and over 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Read more on KMI →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →