Emergency crews on Wednesday afternoon were working to put out a pipeline fire that broke out in Wharton County, the Wharton County Sheriff's Office said. The fire started near Highway 90 between East Bernard and Lissie.
Kinder Morgan said the 216-mile project will originate in Katy, Texas, and move gas volumes to the Gulf Coast’s LNG and industrial corridor beginning in 2027.
Kinder Morgan Expects Growth to Continue in 2025, but Is the High-Yield Dividend Stock a Buy Now?
Kinder Morgan fell short of Wall Street's expectations on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condesate transported through its pipelines. The Houston,
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A pipeline owned by Kinder Morgan caught fire in Wharton County, Texas. No injuries were reported, and the road remained open. The fire was controlled by closing the pipeline valve.
HOUSTON (AP) — HOUSTON (AP) — Kinder Morgan Inc. (KMI) on Wednesday reported fourth-quarter net income of $667 million. On a per-share basis, the Houston-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, came to 32 cents per share.
Headquartered in Houston, Texas, Kinder Morgan is a key facilitator in the energy sector's supply chain.
For several quarters now, we have pointed to expected significant new natural gas demand...those expectations are being realized,” said CEO Kim Dang.
Kinder Morgan kept its outlook for 2025 unchanged and guided for full-year adjusted earnings per share of $1.27 and adjusted earnings before interest, taxes, depreciation and amortization of $8.3 billion. Wall Street expects adjusted earnings of $1.33 per share.
It is now my pleasure to turn the call over to Mr. Rich Kinder, executive chairman of Kinder Morgan. Sir, you may begin. Richard D. Kinder -- Executive Chair. OK, thank you, Miche