DraftKings Inc. (DKNG)
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Kinder Morgan: the pipeline cash machine still lives under a leverage ceiling
Kinder Morgan reported 2025 revenue of $15.20 billion, operating income of $4.72 billion and operating cash flow of $5.92 billion. The Coverage Bootstrap question is whether natural-gas infrastructure cash flow can keep funding dividends and projects without l
OpenDraftKings: betting scale has to prove durable profit after the promo race
DKNG has an annual revenue baseline of $6.05B, latest revenue marker of $1.65B Q1 2026, annual net income of $4M and cash of $999.4M. The thesis depends on revenue durability, margins, cash conversion and balance-sheet discipline.
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