Kinder Morgan is one of the largest energy infrastructure companies in North America, primarily involved in the transportation and storage of natural gas, crude oil, and refined petroleum products
The company operates an extensive network of pipelines, terminals, and storage facilities, enabling it to facilitate the flow of energy resources across various regions. Kinder Morgan is committed to providing reliable and efficient energy services while also focusing on safety and environmental stewardship in its operations. Through its integrated approach, the company plays a crucial role in the energy supply chain, supporting both consumer needs and the broader energy industry.
Will there be a new natural gas pipeline for New York and New England? The region could arguably use one. But in the US, there’s no place for energy investment, where Kinder Morgan Inc. just announced a major pipeline and supply deal.
In the US, there’s no place for energy investment like Texas and the Gulf Coast, where Kinder Morgan Inc. recently announced a major pipeline and supply deal with utility Entergy Corp.
Kinder Morgan, Inc. (NYSEKMI) today announced that its subsidiary, Hiland Partners Holdings LLC, closed on its previously announced $640 million acquisition of a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC. The acquisition includes a 270 million cubic feet per day (MMcf/d) processing facility and a 104-mile, large-diameter, high-pressure rich gas gathering header pipeline with 350 MMcf/d of capacity connecting supplies from the Williston Basin area to high-demand markets. The gathering and processing system is backed by long-term contracts with commitments from major customers in the basin.
Oil prices recover from early losses as U.S. targets Iran's oil network for funding nuclear program and supporting proxy groups. Market volatility rises.
The midstream firm said it would build a 216-mile pipeline named Trident Intrastate, carrying about 1.5 billion cubic feet of natural gas from Katy to the liquefied natural gas corridor near Port Arthur in Texas.
The energy midstream giant reported mixed fourth-quarter results, with strong year-over-year growth overshadowed by misses on the top and bottom lines.
Wall Street traded slightly higher during midday Thursday as investors assessed the ongoing earnings season while closely monitoring policy signals from President Donald Trump.
