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Kinder Morgan Inc (KMI)

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Last Post: 1/17/2018 4:22:24 PM - Followers: 61 - Board type: Free - Posts Today: 1

Corporate Profile

Kinder Morgan is the largest energy infrastructure company in North America. We own an interest in or operate approximately 80,000 miles of pipelines and 180 terminals. Our pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide (CO2) and more. We also store or handle a variety of products and materials at our terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke and steel.

We are a market leader in each of our businesses – Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada. We have an unparalleled, large footprint of diversified and strategically located assets that are core to North American energy infrastructure and help deliver needed energy products to high-demand markets. For example, Kinder Morgan is the:

  • Largest natural gas network with 68,000 miles of pipelines. We are connected to every important U.S. natural gas resource play, including the Eagle Ford, Marcellus, Utica, Uinta, Haynesville, Fayetteville and Barnett. We move about one-third of the natural gas consumed in America.
    Largest independent transporter of petroleum products, transporting about 2.3 million barrels of product per day. We move gasoline, jet fuel, diesel, crude, natural gas liquids and more.
    Largest transporter of carbon dioxide (CO2), transporting about 1.3 billion cubic feet per day. Most of the CO2 is used in enhanced oil recovery projects in the Permian Basin of West Texas.
    Largest independent terminal operator. Our liquids terminals store refined petroleum products, chemicals, ethanol and more, and have a capacity of 125 million barrels. Our dry bulk terminals store and handle such materials as coal, petroleum coke and steel, and we handle over 100 million tons per year. We also have a strong Jones Act shipping position with seven vessels in service and five more to be delivered from 2015-2017.
    Only oilsands pipeline serving the West Coast. We currently transport 300,000 barrels per day to Vancouver/Washington State and our proposed expansion will increase that capacity to 890,000 barrels per day.

Our customers include major oil companies, energy producers and shippers, local distribution companies and businesses across many industries. In most of our businesses we operate like a giant toll road and receive a fee for our services, generally avoiding commodity price risk. In our CO2 business, where exposure to commodity prices does exist, we employ a hedging strategy to partially mitigate that risk. For 2014, over 82 percent of our cash flows are fee based and 94 percent of our cash flows are fee-based or hedged.

The revolutionary shale plays across the United States are creating a tremendous need for more energy infrastructure, which bodes well for us. We invest billions of dollars each year to grow the company by building new and expanding existing assets to help ensure that a variety of energy products get delivered into the marketplace.

Kinder Morgan strives for financial and operational excellence, and we are committed to being a good corporate citizen and conducting ourselves in an ethical and responsible manner. In addition to delivering value to our shareholders and meeting our customers' needs, we spend hundreds of millions of dollars each year on integrity management and maintenance programs to operate our assets safely and to protect the public, our employees, contractors and the environment.

We pride ourselves on being a different kind of energy company. What makes us different? It starts at the top with Chairman and CEO Rich Kinder, who earns a salary of $1 per year and does not receive a bonus, stock options or restricted stock grants. President Steve Kean also receives an annual salary of $1. We work hard to align managements’ and shareholders’ incentives by,eliminating unnecessary expenses such as corporate aircraft, sponsorships, sports tickets and executive perks. In addition, we tie financial incentives for our employees directly to the performance of the company and their own personal performances.

Kinder Morgan has been conducting its business transparently long before it became a corporate buzz word. We are one of the only S&P 500 companies that publishes its annual budget on its web site, which enables investors and others to follow our progress throughout the year. We also post our operational performance and continue to perform better than our industry peers relative to environmental, health and safety measures.

We do not have a Political Action Committee. Any political contributions made by executives or employees are made individually as private citizens with their own personal money.

Kinder Morgan has almost 12,000 employees and is the largest midstream and the third largest energy company in North America with an enterprise value of approximately $130 billion.
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KMI News: Current Report Filing (8-k) 04:14 PM
KMI News: Kinder Morgan Declares Dividend of $0.125 for Fourth Quarter of 2017 04:05 PM
KMI News: Kinder Morgan Announces Fourth Quarter ‘17 Earnings Webcast 01/12/2018 09:30:00 AM
KMI News: Alerian Announces Real-Time Launch of the Alerian Energy Infrastructure Capital Strength Select Index 01/03/2018 08:30:00 AM
KMI News: Kinder Morgan, DCP Midstream and Targa Resources Announce Final Investment Decision on Gulf Coast Express Pipeline Project 12/21/2017 09:10:00 AM
News News Alert: Current Report Filing (8-k) 01/17/2018 04:14:11 PM
#872   Lift off! biotech_researcher 01/17/18 04:22:24 PM
#871   Finally, we get the move. Largest pipeline company biotech_researcher 01/11/18 12:56:21 PM
#870   KMI will build, operate and own a 50% JettLoneStar 12/21/17 01:43:38 PM
#869   The Kinder (Morgan) Surprise: The 'Toy' Is An JettLoneStar 11/24/17 02:06:44 AM
#868   A simple revaluing of the company's future by JettLoneStar 11/20/17 07:11:18 AM
#867   Investors should also expect volumes to tick up JettLoneStar 11/20/17 07:11:01 AM
#866   Management has now put in place enough projects JettLoneStar 11/20/17 07:10:35 AM
#865   So little profit improvement is now priced into JettLoneStar 11/20/17 07:10:18 AM
#864   The current firework between Kinder Morgan and the JettLoneStar 11/20/17 07:09:44 AM
#863   $KMI softened an underwhelming Q3 earnings by announcing JettLoneStar 11/08/17 09:35:34 AM
#861   $KMI Kinder Morgan OK to build B.C. marine Envestor First 09/17/17 07:43:45 PM
#860   Kinder Morgan Reverses Course, Plans 25% Dividend Hikes conix 07/21/17 09:26:08 AM
#859   $KMI Kinder Morgan gains on shareholder-friendly moves; one Envestor First 07/20/17 04:57:16 PM
#858   The giant finally awakens. I've been holding since JWard99 07/20/17 04:56:08 PM
#857   Earnings (as usual) were right in the analysts range. Porgie Tirebiter 07/20/17 11:16:36 AM
#856   KMI 20.74 BULLISH jet1968 07/20/17 11:06:21 AM
#855   $KMI Trans Mountain backer Desjardins may stop pipeline loans Envestor First 07/10/17 05:09:27 PM
#854   I still like KMI long term. This RJ Trotts 07/08/17 11:56:33 PM
#853   Kinder Morgan offers plenty of risk but plenty Envestor First 06/20/17 07:41:54 PM
#852   Kinder Morgan's Trans Mountain expansion at risk following Envestor First 05/30/17 01:19:49 PM
#851   RIP KMI-WT "No brainer" warrants of 5-25-17. It's bar1080 05/24/17 11:58:08 PM
#850   It means they believe that is the best MisterEC 05/16/17 05:36:19 PM
#849   So Kinder Morgan has abandoned it's plan to HankStamper 05/12/17 10:23:18 PM
#848   Thanks. Appreciate your posts. DrDouglas 05/05/17 11:41:35 AM
#847   Oh I don't know. CFRA has a Porgie Tirebiter 05/05/17 11:39:50 AM
#846   Your guess for KMI's stock price by end DrDouglas 05/05/17 10:41:30 AM
#845   Nothing really to call. Worthless is worthless. Porgie Tirebiter 04/24/17 11:37:57 AM
#844   There are several symbols for KMI May 25 bar1080 04/22/17 12:29:31 AM
#843   Dividend safe for now. Earnings were just Porgie Tirebiter 04/20/17 11:14:02 AM
#842   Earnings next Tuesday. Will the dividend be eliminated?? Porgie Tirebiter 04/12/17 12:47:26 PM
#841   Legitimate equity like KMI is a positive sum Porgie Tirebiter 03/10/17 10:51:21 AM
#840   Yep, players are too busy blowing their brains bar1080 03/09/17 04:09:26 PM
#839   Not to worry. It was just an Prudent Capitalist 03/09/17 02:23:28 PM
#838   I don't understand the attraction of the warrants. Porgie Tirebiter 03/09/17 12:17:44 PM
#837   Porgie, you're correct about the May KMI warrants. bar1080 03/08/17 03:12:32 PM
#836   Buffett sold out their small KMI holding... at bar1080 02/15/17 08:22:56 AM
#835   A rare high quality IHUB post. bar1080 01/31/17 10:33:38 AM
#834   Kinder Morgan $KMI maybe trading at a 11% ValueInvestor15 01/17/17 06:17:40 AM
#833   Very simple. Each dividend received constitutes dividend Prudent Capitalist 01/13/17 04:43:00 PM
#832   An accountant will probably charge me more than Homebrew 01/13/17 04:34:56 PM
#831   see what happens in late January rocco2 01/09/17 02:40:35 PM
#830   KMI is kind of backed into a corner Porgie Tirebiter 01/07/17 11:13:20 AM
#829   unless KMI hit's 40? Clock is ticking to rocco2 01/05/17 10:58:06 PM
#828   OK, yeah. That's the warrants. Weird. Porgie Tirebiter 01/05/17 04:50:09 PM
#827   charted it, and wa goes back to 3/2012 rocco2 01/05/17 04:37:03 PM
#826   I don't know. The May 25th warrants? Porgie Tirebiter 01/05/17 04:26:01 PM
#825   Question what is KMI WA what does rocco2 01/05/17 04:11:45 PM
#824   KMI should be able to help you out bar1080 12/21/16 09:48:04 PM
#823   Good question for an accountant, Homebrew. eastunder 12/20/16 12:36:56 PM
#822   Calculating cost basis. If I bought 10 years Homebrew 12/20/16 07:57:17 AM