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Kinder Morgan ended the quarter with a leverage ratio (net debt divided by trailing-12-month adjusted EBITDA) of 4.1. It declared a dividend of $0.2875 per share, unchanged from last quarter and ...
It finished the $158 million expansion of the Kinder Morgan Texas Pipeline system in October and the $283 million first phase related to its Evangeline Pass project, which entered service in July ...
Dec. 21—The Kinder Morgan Corp.'s new $2-billion Permian Highway Pipeline Expansion is laid and pumping with an ultimate capacity of 550 million cubic feet of natural gas per day and Texas ...
Kinder Morgan Energy Partners (KMP) was founded in 1997 when a group of investors acquired the general partner of a small, publicly traded pipeline limited partnership (Enron Liquids Pipeline, L.P.) later renamed Kinder Morgan Energy Partners, L.P. [3] Its cofounder Rich Kinder had been the president of Enron.
The groups say that the pipeline would cut through dozens of streams in Middle Tennessee and that Tennessee Gas Pipeline Co., owned by Houston pipeline giant Kinder Morgan and set to build the ...
Kinder Morgan Energy Partners LP (NYSE: KMI) (KMEP) is a subsidiary of Kinder Morgan, Inc. The company, which is classified as an oil and gas master limited partnership (MLP), [1] owns or operates petroleum product, natural gas, and carbon dioxide pipelines, related storage facilities, terminals, power plants and retail natural gas in the United States and Canada.
A new $1.75 billion natural gas pipeline went into service in Texas on Wednesday with enough capacity to supply 10 million U.S. homes per day. Kinder Morgan Inc started commercial service on its 2 ...
Kinder Morgan's pipelines already transport about 40% of U.S. natural gas production. That infrastructure is effectively irreplaceable. With Kinder Morgan, investors are getting the leader in a ...