About the Company
Currently based in Houston, Texas, Kinder Morgan is a North American energy infrastructure enterprise. This company owns 83,000 miles of pipelines that facilitate natural gas transportation across the country. They also operate through products pipelines, CO2 segment, terminals and Kinder Morgan treating plants. Approximately 40% of the natural gas consumed in the United States is transported via Kinder Morgan pipelines.
Kinder Morgan was founded in February 1997 by Richard D. Kinder and William V. Morgan. In its early phase, this company grew primarily based on acquisitions and purchasing assets such as refined petroleum pipelines, liquid terminals and other allied products. In 1999, Kinder Morgan took hold of KN Energy, a natural gas line company, which became the second traded company of Kinder Morgan under the title Kinder Morgan, Inc. In 2001, the third publicly-traded company, Kinder Morgan Management, LLC, came into existence.
Later, in 2005, they also took acquisition of Terasen Inc. and started its operations in Canada. In 2011, Kinder Morgan resumed its trading in NYSE under the ticker, KMI. During this time, the IPO approximately issued 110 million shares. KMI acquired the third publicly-traded company, El Paso Pipeline Partners L.P, in 2012. In 2014, this company acquired all shares of its three acquisitions and emerged as a single, publicly-held energy company.
This Fortune 500 company, Kinder Morgan, also possesses approximately 147 terminals that handle and store renewable fuels, vegetable oils, petroleum products, and chemicals. Kinder Morgan also provides a one-stop solution to keep liquid hydrocarbon and natural gas in its best form through their treating plant services. This company also offers natural gas pipelines of 70,000 miles that includes their interest and portion of ownership.
KMI has some several upcoming projects like Permian Highway Pipeline Project, 261 Upgrade Projects, etc. They are also one of the largest CO2 transporters in North America. Besides transport, this carbon-di-oxide is also used in their EOR services. Another USP of this company is that KMI uses optimum safety protocols to mitigate any risk. Kinder Morgan shares are traded on the New York Stock Exchange.
Kinder Morgan also made it to Forbes Global 2000 2020 with a rank of 350. They also ranked 127th as World’s Best Employers 2018.;
|Organisation||Kinder Morgan Inc|
|Industry||Oil & Gas Midstream|