Kinder Morgan

Kinder Morgan Announces Third Quarter ‘22 Earnings Webcast

Retrieved on: 
Wednesday, October 12, 2022

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release third quarter 2022 earnings results on Wednesday, October 19, 2022 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 2022 earnings results on Wednesday, October 19, 2022 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 1-312-470-7381 and entering the passcode 9339910.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Kinder Morgan Announces Sale of Equity Interests in Elba Liquefaction Company

Retrieved on: 
Tuesday, September 27, 2022

Kinder Morgan, Inc. (NYSE: KMI) today announced that it has closed on the sale of a 25.5% equity interest out of its membership interest in Elba Liquefaction Company, L.L.C.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced that it has closed on the sale of a 25.5% equity interest out of its membership interest in Elba Liquefaction Company, L.L.C.
  • The value of the equity interest implies an enterprise value of approximately $2.3 billion for ELC, which is approximately 13 times 2022E EBITDA.
  • The ELC joint venture was formed in 2017 to construct and own the 10 modular liquefaction units in operation at Elba Island.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Kinder Morgan Acquires North American Natural Resources

Retrieved on: 
Thursday, August 11, 2022

Kinder Morgan, Inc. (NYSE: KMI) today announced it has closed on the acquisition of North American Natural Resources, Inc. (NANR) and its sister companies, North American Biofuels, LLC and North American-Central, LLC.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it has closed on the acquisition of North American Natural Resources, Inc. (NANR) and its sister companies, North American Biofuels, LLC and North American-Central, LLC.
  • The $135 million acquisition in combined purchase price and related transaction costs includes seven landfill gas-to-power facilities in Michigan and Kentucky.
  • Once complete, the facilities are expected to generate approximately 2 billion cubic feet (Bcf) per year of RNG.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

New Report: Certification of Low-Carbon Natural Gas Increased 100X Since 2021 to Trillions of Cubic Feet

Retrieved on: 
Tuesday, August 2, 2022

The report details 24 global initiatives that enable energy companies to go above and beyond emissions regulations and take credit.

Key Points: 
  • The report details 24 global initiatives that enable energy companies to go above and beyond emissions regulations and take credit.
  • The report surveyed standards associations and revealed explosive growth in volumes of certified low-carbon natural gas 100X since 2021 with trillions of cubic feet now certified.
  • Certification of low-carbon gas is analogous to organic and fair-trade food it enables consumers to pay more for a more sustainable product.
  • Highwood's mission is to collaborate, innovate, and educate the way to a world with effective and affordable emissions management solutions.

Kinder Morgan Issues 2021 Environmental, Social and Governance Report

Retrieved on: 
Thursday, July 21, 2022

Kinder Morgan, Inc. (NYSE: KMI) announced today the publication of its 2021 Environmental, Social and Governance (ESG) report.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) announced today the publication of its 2021 Environmental, Social and Governance (ESG) report.
  • The 2021 report includes a new section describing KMIs programs related to community engagement on energy and environmental justice.
  • The 2021 ESG report is available on the KMI website on the ESG Reports page.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Kinder Morgan Announces Second Quarter ‘22 Earnings Webcast

Retrieved on: 
Wednesday, July 13, 2022

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release second quarter 2022 earnings results on Wednesday, July 20, 2022 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 2022 earnings results on Wednesday, July 20, 2022 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 1-630-395-0178 and entering the passcode 8907369.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Empower Achieves $62 Billion in Organic Retirement Plan Sales During First Half Of 2022

Retrieved on: 
Friday, July 8, 2022

Empower, the nations second largest retirement plan provider,1 has achieved $62 billion in retirement plan sales in 2022.

Key Points: 
  • Empower, the nations second largest retirement plan provider,1 has achieved $62 billion in retirement plan sales in 2022.
  • Empower has achieved significant new client mandates through its partnership with retirement plan advisors through its Advisor Managed Account offering.
  • The new sales represent an expanded footprint in the retirement plan services market for Empower which completed the acquisitions of the Mass Mutual and Prudential retirement plan businesses in December 2020 and April 2022, respectively.
  • Empower Retirement refers to the products and services offered by GWLA and its subsidiaries, MassMutual legacy business, Empower Retirement, LLC.

Tennessee Gas Pipeline Receives FERC Approval for Producer Certified Gas Pooling Service Proposal

Retrieved on: 
Friday, July 1, 2022

(TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) today received approval for its producer certified gas (PCG), or responsibly sourced gas (RSG), aggregation pooling service from the Federal Energy Regulatory Commission (FERC).

Key Points: 
  • (TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) today received approval for its producer certified gas (PCG), or responsibly sourced gas (RSG), aggregation pooling service from the Federal Energy Regulatory Commission (FERC).
  • The PCG aggregation pooling service is now available at all pooling points across the TGP system.
  • The service is designed to enable shippers on TGP to purchase and sell PCG supply at non-physical pooling locations, ultimately serving end-users, utilities, power plants and LNG facilities connected to the TGP system.
  • TGP plans to continue working with producers and customers to refine this service as regulations and markets evolve.

Permian Highway Pipeline Announces Final Investment Decision for Expansion Project

Retrieved on: 
Wednesday, June 29, 2022

Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity.

Key Points: 
  • Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity.
  • Pending the timely receipt of required approvals, the target in-service date for the project is anticipated to be November 1, 2023.
  • We are excited to have achieved FID on this very important expansion, said Kinder Morgan Natural Gas Midstream President Sital Mody.
  • The project will alleviate transportation constraints out of the Permian Basin so as to further support meeting our domestic and global energy needs.

EnLink Midstream Announces Retirement of Chairman and CEO Barry Davis, Names Jesse Arenivas as New CEO

Retrieved on: 
Tuesday, June 14, 2022

DALLAS, June 14, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that Chairman and CEO Barry E. Davis will retire from EnLink, the company he led the founding of, after more than 25 years of leadership. Davis will step down from his position as Chairman and CEO on June 20, 2022, at which point Jesse Arenivas will join EnLink as CEO and a director on the EnLink Board of Directors (Board), and Leldon E. Echols will become the Chairman of the Board. Davis will continue in an advisory role until August 31, 2022, to ensure a seamless transition.

Key Points: 
  • Davis will step down from his position as Chairman and CEO on June 20, 2022, at which point Jesse Arenivas will join EnLink as CEO and a director on the EnLink Board of Directors (Board), and Leldon E. Echols will become the Chairman of the Board.
  • "No words can adequately express my gratitude for what being a part of the EnLink family has meant to me," Davis said.
  • "Building EnLink and serving as its CEO has been one of the great accomplishments of my life.
  • "Jesse is the kind of visionary leader who will undoubtedly enable the EnLink team to realize our 'Future of Midstream' vision," Davis said.