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Kinder Morgan Inc. (NYSE: KMI) said Thursday its acquisition of El Paso Corp. is complete and will be effective May 25.
The $21.1 billion acquisition, which was announced last October, makes Houston-based Kinder Morgan the largest midstream and the fourth-largest energy company in North America. Kinder Morgan adds approximately 44,000 miles of natural gas pipelines from El Paso, Chairman and CEO Richard Kinder said in his company’s statement...
Net cash from operations, less maintenance capital expenditures, less cash related to net income attributable to non-partners exceeded distributions by $527 million in the TTM ending 3/31/12 and by $371 million in the comparable prior year period.
HOUSTON--(BUSINESS WIRE)--May ... Kinder Morgan, Inc. (NYSE: KMI) is a leading pipeline transportation and energy storage company in North America. It owns an interest in or operates more than 38,000 miles of pipelines and 180 terminals.
Kinder Morgan Energy Partners L.P. ( KMP) has downsized its capital outlay by 18%, from $5 billion to $4.1 billion, for the planned extension of its Trans Mountain pipeline that transfers Canadian oil to the Asian markets. Kinder Morgan has ...
We are affirming KMI's 'BB' corporate credit rating, Kinder Morgan Energy Partners L.P.'s 'BBB' corporate credit rating, and El Paso's 'BB' corporate credit rating. The outlooks are stable. -- We are raising El Paso's unsecured rating to 'BB' from 'BB ...
CEO Richard Kinder has been the chief executive officer of Kinder Morgan Energy Partners since 2001. He is 61 years old. Follow Mr. Kinder and Kinder Morgan Energy Partners in the news and blogs or share your own opinion about the company and its leadership.