Kinder Morgan, Already Large, Plans to Keep Growing
Attachment: EIA's Projection for Natural Gas
SUGAR LAND--April 20, 2015--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Oil and gas infrastructure company Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) likes to think of itself as a "toll collector" on the nation's network of crude oil, natural gas and natural gas liquids (NGLs) pipelines. The company collects a small fee from businesses seeking to move their commodities through Kinder Morgan's network of pipelines and terminals. With more than 80,000 miles of pipelines and 180 terminals, Kinder Morgan transports about 33% of the nation's natural gas, and it has plans to grow its share of that market. Industrial Info is tracking about $24 billion of active projects across the U.S. and Canada involving Kinder Morgan.
Within this article: Update on Kinder Morgan's plans for the future.
Additional companies: Keyera Corporation (TSX:KEY), Exxon Mobil Corporation (NYSE:XOM), Continental Resources Incorporated (NYSE:CLR), Oasis Petroleum Incorporated (NYSE:OAS), Whiting Petroleum Corporation (NYSE:WLL), Hess Corporation (NYSE:HSS)
