|Exchange:||New York Stock Exchange|
|Stock:||Kinder Morgan, Inc.|
|Industry:||Oil & Gas Midstream|
|Kinder Morgan, Inc. was formed in Delaware in August 1992. It is engaged as the energy transportation and storage companies in North America. The Company owns the general partner and approximately 11% of the limited partner interests of the "Partnership" or "KMP (Kinder Morgan Management)". The Partnership is a publicly traded pipeline limited partnership whose limited partner units are traded on the New York Stock Exchange. The Partnership was formed in Delaware in August 1992 and is an energy transportation and storage company in North America. The Company also owns a 20% equity interest in NGPL PipeCo LLC, the owner of NGPL, a major interstate natural gas pipeline and storage system which it operates. Through its subsidiaries, including the Partnership, the Company operates or owns an interest in approximately 37,000 miles of pipelines and approximately 180 terminals. These pipelines transport natural gas, gasoline, crude oil, carbon dioxide and other products. The terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. KMP's operations are grouped into five business segments; Products Pipelines, Natural Gas Pipelines, CO2, Terminals and Kinder Morgan Canada. The Products Pipelines segment consists of KMP's refined petroleum products and natural gas liquids pipelines and associated terminals, Southeast terminals and transmix processing facilities. The Natural Gas Pipelines segment, which contains both interstate and intrastate pipelines, consists of natural gas sales, transportation, storage, and gathering, processing and treating operations. The CO2 segment consists of Kinder Morgan CO2 Company, L.P. and its consolidated affiliates, referred to as "KMCO2." It produces, transports and markets carbon dioxide for use in enhanced oil recovery operations. The Terminals segment includes the petroleum, chemical and other liquids terminal facilities and operations, other than those included in the Products Pipelines segment. The segment also includes the coal, petroleum coke, fertilizer, steel, ores and dry-bulk material services, including all transloading, engineering, conveying and other in-plant services. The Kinder Morgan Canada business segment includes the Trans Mountain pipeline system, a one-third ownership interest in the Express pipeline system, and a 25-mile jet fuel pipeline system. The Partnership's strategy is to focus on fee-based energy transportation and storage assets, increase utilization of its existing assets while controlling costs and leverage economies of scale from incremental acquisitions and expansions of assets. Its activities are subject to various state and local laws and regulations, as well as orders of regulatory bodies.|
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