Kinder Morgan will go forward with a $1.7 billion Trident Intrastate Pipeline from Katy, Texas to Port Arthur.
No injuries were reported in the pipeline fire. The Wharton County Sheriff's office said it is owned by Kinder Morgan.
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.
An affiliate of London-based Shell PLC (NYSE: SHEL) said Jan. 24 it had finalized its purchase of a 100% equity stake in RISEC Holdings LLC, owner of the Rhode Island State Energy Center, a two-unit combined-cycle gas turbine power plant in Johnston.
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,
HOUSTON, January 13, 2025--Kinder Morgan announced its plans to purchase a natural gas gathering & processing system in ND from Outrigger Energy II LLC for $640 million. HOUSTON, December 19 ...
Kinder Morgan earnings and revenue slightly missed Q4 views late Wednesday, but the natgas pipeline operator sees strong AI and cryptocurrency demand.
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.
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.
KMI’s BOD approved a cash dividend of $0.2875/share for 4Q, payable on 02/18/25 to stockholders of record as of business close on 02/03/25.
A Houston company is buying assets in a region with bottlenecks for natural gas due to a decrease in pipeline availability.
Kinder Morgan Expects Growth to Continue in 2025, but Is the High-Yield Dividend Stock a Buy Now?