Kinder Morgan

Pipeline transport market size to grow by USD 26.71 billion from 2023 to 2028 | The oil and gas segment is estimated to witness significant growth during the forecast period | Technavio

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The pipeline transport market size is expected to grow by USD 26.71 billion from 2023 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The pipeline transport market size is expected to grow by USD 26.71 billion from 2023 to 2028, according to Technavio.
  • The benefits of pipelines over other modes of oil and gas transportation are notably driving the pipeline transport market.
  • The Free sample report is available in PDF format
    The oil and gas segment is estimated to witness significant growth during the forecast period.
  • The pipeline transport market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market.

Kinder Morgan to Purchase NextEra Energy Partner’s STX Midstream

Retrieved on: 
Monday, November 6, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.
  • STX Midstream includes a 90% interest in the NET Mexico pipeline; MGI Enterprises, a PEMEX affiliate, owns the other 10%.
  • STX Midstream owns and operates Eagle Ford Midstream, a 158-mile residue line connecting the Eagle Ford basin to the Agua Dulce Hub in Nueces County, Texas.
  • Eagle Ford Midstream is connected to multiple pipeline systems, including KMI’s Tennessee Gas Pipeline, Kinder Morgan Tejas Pipeline and Natural Gas Pipeline Company of America.

Kinder Morgan Announces Third Quarter ‘23 Earnings Webcast

Retrieved on: 
Wednesday, October 11, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release third quarter 2023 earnings results on Wednesday, October 18, 2023 after market close and will hold a live webcast and conference call.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it will release third quarter 2023 earnings results on Wednesday, October 18, 2023 after market close and will hold a live webcast and conference call.
  • How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-630-395-0049 and entering the passcode 4700508.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • A recording of the conference call will also be available for replay one hour after the call until the end of the day on November 18, 2023.

TransMontaigne Appoints Randal Maffett as Chief Executive Officer

Retrieved on: 
Thursday, September 21, 2023

TransMontaigne Partners LLC (“TransMontaigne” or the “Company”), a leading provider of terminaling, storage, transportation and related services to the energy industry, today announced that Randal “Randy” Maffett has been appointed Chief Executive Officer of the Company, effective October 1, 2023.

Key Points: 
  • TransMontaigne Partners LLC (“TransMontaigne” or the “Company”), a leading provider of terminaling, storage, transportation and related services to the energy industry, today announced that Randal “Randy” Maffett has been appointed Chief Executive Officer of the Company, effective October 1, 2023.
  • Fred Boutin, who has served as CEO of TransMontaigne since 2014, will become Executive Chairman of the Board of Managers (the “Board”) of TLP Acquisition Holdings, LLC.
  • “TransMontaigne’s strategic asset footprint will enable the Company to continue to grow with its customers, including to support energy transition related projects.
  • “It has been a privilege to lead TransMontaigne for the last nine years,” said Mr. Boutin.

OHIO TEAMSTERS DEMAND FAIR CONTRACT FROM TERMINAL OPERATOR

Retrieved on: 
Thursday, August 3, 2023

ASHTABULA, Ohio, Aug. 3, 2023 /PRNewswire/ -- Teamsters Local 377 members are demanding Kinder Morgan negotiate a fair contract with better pay. The Teamsters overwhelmingly voted down the company's subpar, 'last, best, and final offer,' which included wages that do not keep pace with record inflation.

Key Points: 
  • Ashtabula Logistics Workers Want Better Wages, Respect from Kinder Morgan
    ASHTABULA, Ohio, Aug. 3, 2023 /PRNewswire/ -- Teamsters Local 377 members are demanding Kinder Morgan negotiate a fair contract with better pay.
  • The Teamsters overwhelmingly voted down the company's subpar, 'last, best, and final offer,' which included wages that do not keep pace with record inflation.
  • "Kinder Morgan needs to return to the negotiating table and offer us a contract our families can live on.
  • Teamsters Local 377 represents workers in a wide variety of industries throughout Northeastern Ohio.

Kinder Morgan Issues 2022 Environmental, Social and Governance Report

Retrieved on: 
Thursday, July 20, 2023

Kinder Morgan, Inc. (NYSE: KMI) announced today the publication of its 2022 Environmental, Social, and Governance (ESG) Report.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) announced today the publication of its 2022 Environmental, Social, and Governance (ESG) Report.
  • The report highlights an approximate 2.6% decrease in KMI’s operational Scope 1 emissions and a continued decrease in the percentage of methane emissions that contribute to overall Scope 1 emissions.
  • The 2022 report also includes new or expanded disclosures to evaluate decarbonizing the company’s larger greenhouse gas emission sources, climate related lobbying and trade association alignment, and metrics related to the percentage of female or minority employees.
  • In addition, an updated presentation with information from the 2022 ESG Report is available on the Events and Presentations page on the investor relations section of the KMI website.

Kinder Morgan Announces Second Quarter ‘23 Earnings Webcast

Retrieved on: 
Wednesday, July 12, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release second quarter 2023 earnings results on Wednesday, July 19, 2023 after market close and will hold a live webcast and conference call.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it will release second quarter 2023 earnings results on Wednesday, July 19, 2023 after market close and will hold a live webcast and conference call.
  • Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-517-308-9175 and entering the passcode 8306715.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • A recording of the conference call will also be available for replay one hour after the call until the end of the day on August 20, 2023.

BetterInvesting™ Magazine Update on Crown Castle International Corp. and Kinder Morgan Inc.

Retrieved on: 
Tuesday, June 20, 2023

"With graduation season complete and students leaving for campus, young parents are reminded that substantial educational expenses may arrive sooner than expected.

Key Points: 
  • "With graduation season complete and students leaving for campus, young parents are reminded that substantial educational expenses may arrive sooner than expected.
  • Because children grow up quickly, time is of the essence when it comes to saving for college.
  • Non-members can utilize the limited, trial version of the BetterInvesting online stock selection and analysis tools to study the investment potential of Crown Castle International Corp. and Kinder Morgan Inc. by viewing their fundamental data and applying judgments.
  • Investors should conduct their own review and analysis of any company of interest using the Stock Selection Guide before making an investment decision.

Kinder Morgan to Increase Storage Capacity on Its Texas Intrastate System

Retrieved on: 
Wednesday, May 31, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced its plan to expand the working gas storage capacity at its Markham Storage facility (Markham) in Matagorda County along the Texas Gulf Coast.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced its plan to expand the working gas storage capacity at its Markham Storage facility (Markham) in Matagorda County along the Texas Gulf Coast.
  • KMI has reached an agreement with Underground Services Markham, LLC, a subsidiary of Texas Brine Company LLC, to lease an additional cavern at Markham to provide more than 6 billion cubic feet (Bcf) of incremental working gas storage capacity and 650 million cubic feet per day (MMcf/d) of incremental withdrawal capacity on KMI’s extensive Texas intrastate pipeline system.
  • Anchor shippers have subscribed to approximately half of the available capacity under long-term agreements, and commercial in-service for the project is expected in January 2024.
  • We are pleased to increase our natural gas storage solutions to further support Texas customers, particularly during severe weather events,” said KMI Natural Gas Midstream President Tom Dender.

Renewable Natural Gas Veteran Launches Redtail Renewables With Equity Commitment From Inyarek Partners

Retrieved on: 
Wednesday, May 10, 2023

Experienced renewable natural gas (RNG) developer Casey Holsapple announced today the launch of RNG platform Redtail Renewables (Redtail).

Key Points: 
  • Experienced renewable natural gas (RNG) developer Casey Holsapple announced today the launch of RNG platform Redtail Renewables (Redtail).
  • Redtail develops and operates RNG facilities and dispenses the fuel downstream to logistics, industrial and utility customers.
  • “I am thrilled to launch and scale Redtail Renewables,” said Holsapple, who will serve as president and CEO.
  • “Our deep experience in the RNG industry will allow Redtail to maximize value for our feedstock partners as well as our customers.