Houston, TX, United States
Houston, TX, United States

Kinder Morgan is a company headquartered in Downtown Houston. It is the fourth largest energy company in North America. Prior to November 26, 2014, the Kinder Morgan group publicly traded companies included Kinder Morgan, Inc. , Kinder Morgan Energy Partners, L.P. , Kinder Morgan Management, LLC and El Paso Pipeline Partners, L.P. ; a merger transaction combined all under Kinder Morgan, Inc. , on November 26, 2014.Kinder Morgan owns about 180 terminals that store and handle products such as gasoline, coal, and petroleum coke. Kinder Morgan's CO2 division provides carbon dioxide for enhanced oil recovery projects in North America. in 2014, a third of the natural gas that moved in the United States passed through a Kinder Morgan asset.Kinder Morgan has been cited by the U.S. government in 24 incidents which led to five federal enforcement actions from 2006 to 2014.On August 10, 2014, Kinder announced it was moving to full ownership of its partially owned subsidiaries Kinder Morgan Energy Partners, Kinder Morgan Management, and El Paso Pipeline Partners in a deal worth $71 billion.In addition to the company's Houston, Texas headquarters, the company also has large offices in Birmingham, Alabama and Colorado Springs, Colorado. Wikipedia.

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News Article | May 29, 2017
Site: www.prnewswire.com

"This company was founded from the ashes and rubble of Enron, a company synonymous with scandal, corporate fraud and bankruptcy," said Grand Chief Stewart Phillip, President of the Union of British Columbia Indian Chiefs. "Today these same reckless cowboys are trying to convince gullible investors to plow cash into a pipeline they know will never be built." Kinder Morgan is hoping to raise C$1.75 billion next week through an initial public offering, after failing to find a partner, bank or institutional investor willing to share the risk. The company has yet to finalize the route of the pipeline, fulfill dozens of federal conditions or obtain essential provincial permits – a feat they know will be difficult with the Green Party now holding the balance of power in the legislature. "Influential advisors are warning investors: do not invest a penny in this dead project," said Sophie Harrison, coordinator of the long-running No Tankers campaign. "Today Kinder Morgan is bluffing, but our movement isn't. We have all the legal and political tools we need to stop this risky pipeline and tanker project." The Public Health Association of B.C. notes that Kinder Morgan's proposal has never undergone a comprehensive public health impact assessment. "They've skipped many steps," said Harrison. "But the lack of a public health plan may be their Achilles' heel. If Kinder Morgan tries to push ahead with a project we know will put the health of First Nations and local communities in jeopardy, the province of B.C. has the power to force a public health review and stop construction." "We will do whatever is necessary to shut down Kinder Morgan in our territories," said Grand Chief Stewart Phillip. "That means Indigenous land rights lawsuits, land defence strategies and environmental stewardship legislation. We're ready for all three. Now the question is, do investors have the stomach for a protracted, losing battle?" About UBCIC:  The Union of British Columbia Indian Chiefs was founded in 1969 to fight Canada's White Paper and to defend Indigenous Title, Rights & Treaty Rights. About Dogwood:  Dogwood is B.C.'s largest non-partisan citizen group, uniting more than 260,000 supporters in the province against oil tanker expansion on the West Coast.


HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc., (NYSE: KMI), today announced a final investment decision for the Trans Mountain Expansion Project in conjunction with its indirect subsidiary, Kinder Morgan Canada Limited (KML), pricing its initial public offering (the Offering) of 102.9 million shares of common stock at a price to the public of C$17.00 per share for total gross proceeds of C$1.75 billion. The final investment decision is conditioned on the successful completion of the IPO, which is expected to take place by not later than May 31, 2017. “Upon the completion of the IPO, we will have secured satisfactory financing for the Trans Mountain Expansion Project. We are excited to be moving forward on this tremendous project which is expected to benefit KMI and KML as well as our Trans Mountain shippers and Canada,” said Steve Kean, Kinder Morgan chief executive officer. “The KML IPO is one of the largest ever in Canada and provides Canadian investors the opportunity to invest in a leading integrated midstream set of western Canadian assets. We are very pleased to price the Offering and excited about the future growth opportunities that this platform enables. The Offering also strengthens KMI’s balance sheet and strengthens our ability to return value to shareholders.” “Our execution planning is complete, our approvals are in hand, and we are now ready to commence construction activities this fall generating thousands of direct jobs for Canadians, including significant benefits to Indigenous communities in Alberta and British Columbia,” said Ian Anderson, president of Kinder Morgan Canada Limited. The Trans Mountain Expansion Project is a C$7.4 billion project (with a remaining cash spend of C$6.2 billion as of March 31, 2017) which upon completion will provide western Canadian oil producers with an additional approximately 590,000 barrels per day (resulting in total pipeline capacity of 890,000 barrels per day) of shipping capacity and tidewater access to the western United States and global markets. The project is underpinned by 15- and 20-year shipper commitments of 707,500 barrels per day, or roughly 80 percent of the capacity on the expanded pipeline, with the other 20 percent reserved for spot volumes as required by the National Energy Board. Construction on the project is expected to begin in September 2017 with completion expected in December 2019. The final investment decision was contingent on securing financing. While the political climate was not ideal, the process proceeded at this time because the Trans Mountain Expansion Project financing contingency period, as specified in shipper agreements, concludes at the end of May. The Offering constitutes a sale of a portion of KMI’s interest in the Canadian business of KMI (the Business). The Business is composed of: the Trans Mountain pipeline system (including related terminals assets), the Puget Sound pipeline, the Jet Fuel pipeline system, the Canadian portion of the Cochin pipeline system, the Vancouver Wharves Terminal and the North 40 Terminal; as well as three jointly controlled investments: the Edmonton Rail Terminal, the Alberta Crude Terminal and the Base Line Terminal. KMI will use the proceeds it receives to pay down debt. As a result, KMI now expects to end the year at approximately 5.2X debt to EBITDA versus its budget of 5.4X and remains on track to announce revised dividend guidance for 2018 in the latter part of this year, consistent with the previously announced goal of returning additional value to shareholders. Upon closing of the Offering, KMI will own an approximately 70 percent interest in the Business, which will be operated and administered by KML and its affiliates. An amended and restated preliminary prospectus of KML containing important information relating to these securities has been filed with the securities commissions or similar authorities in each province and territory of Canada. The amended and restated prospectus of KML is still subject to completion or amendment. Copies of the amended and restated prospectus of KML are available on SEDAR at http://www.sedar.com or from the underwriters named in it. There will not be any sale or any acceptance of any offer to buy the securities until a receipt for the final prospectus has been issued. The securities of KML have not been and will not be registered under the United States Securities Act of 1933 (the Securities Act) or the securities laws of any state or other jurisdiction of the United States. Accordingly, these securities may not be offered or sold in the United States absent registration under the Securities Act or an exemption from registration, and in each case in compliance with the applicable securities laws of any state or other jurisdiction of the United States. In particular, this press release is not an offer of securities for sale in the United States. Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 84,000 miles of pipelines and 155 terminals. KMI’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle such products as steel, coal and petroleum coke. It is also a leading producer of CO that we and others use for enhanced oil recovery projects primarily in the Permian basin. For more information please visit www.kindermorgan.com. Kinder Morgan Canada Limited will operate the Business, comprised of a number of pipeline systems and terminal facilities including the Trans Mountain pipeline, the Cochin pipeline, the Puget Sound and Trans Mountain Jet Fuel pipelines, the Westridge marine and Vancouver Wharves terminals in British Columbia as well as various crude oil loading facilities in Edmonton, Alberta. The Trans Mountain pipeline currently transports approximately 300,000 barrels per day (bpd) of crude oil and refined petroleum products from the oil sands in Alberta to Vancouver, British Columbia and Washington state. On Nov. 29, 2016, the Government of Canada granted approval for the $7.4 billion Trans Mountain Expansion Project, to increase the nominal capacity of the system to 890,000 bpd. The expanded pipeline is expected to be completed in 2019. In the interests of providing potential investors with information regarding KMI and KML, including management's assessment of KMI's and KML's future plans for the Business, certain statements contained in this news release are forward-looking statements or information within the meaning of applicable securities legislation, collectively referred to herein as "forward-looking statements." Forward-looking statements in this news release include, but are not limited to: the expected future activities of KML following closing of the Offering, KMI's expected ownership level in KML following closing of the Offering, expectations that applicable regulatory approvals will be obtained, the success of the Offering, and expected timing of closing of the Offering. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Business' actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. There can be no assurance that KML will ultimately complete the Offering, the size of the retained interest that KMI would hold initially or in the future in KML, and other arrangements that would exist between KMI and KML. Closing of the Offering is subject to a number of risks and uncertainties, including without limitation, those relating to due diligence, favourable market conditions, stock exchange and regulatory approvals, and approval by KMI's and KML's boards of directors. Although KMI believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Potential investors are cautioned that the foregoing list of important factors is not exhaustive. In addition, assumptions relating to such forward-looking statements generally include KMI's current expectations and projections made in light of, and generally consistent with, its historical experience and its perception of historical trends, all of which are subject to the risk factors identified elsewhere in this news release or in the preliminary prospectus, including assumptions related to receipt of all required regulatory approvals and completion of the Offering. Furthermore, the forward-looking statements contained in this news release are made as of the date hereof and, except as required by law, KMI and KML undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.


Patent
Kinder Morgan | Date: 2016-10-13

Processes and compositions for scavenging hydrogen sulfide from hydrocarbon streams are disclosed that reduce, if not substantially eliminate, the formation of crystalline or amorphous solids even under cold conditions. The compositions used in the processes comprise a hexahydrotriazine component and an amphiphilic component that form a hydrophobic micelle when the hexahydrotriazine component becomes spent.


OMAHA, Neb.--(BUSINESS WIRE)--The April 2017 Investor Movement Index® reading fell for the first time in three months, dropping to 6.06, TD Ameritrade, Inc. (“TD Ameritrade”), a broker-dealer subsidiary of TD Ameritrade Holding Corporation (Nasdaq: AMTD) announced today. The Investor Movement Index, or the IMXSM, is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the markets. The April 2017 Investor Movement Index for the four weeks ending April 28, 2017, reveals: TD Ameritrade client exposure to equity markets decreased as there was lower relative volatility in widely held names, including Apple Inc. (AAPL) and Facebook Inc. (FB). Volatility was modest during the month, with a slight uptick in the volatility of the S&P 500 Index early in the period. Markets posted losses early in the month following poor economic data, yet rebounded at month-end following strong earnings reports. Despite the negative downtrend in April, TD Ameritrade clients were net buyers overall in April with increased interest in the tech sector and dividend stocks. “Although this is the first decline in recent months, market optimism appeared to remain strong as our clients were net buyers for the fifth month in row. We saw a similar trend a year ago, where retail clients lowered their equity exposure and the IMX broke a seven month high streak,” said Victor Jones, director of trading for TD Ameritrade. “A third of the S&P 500 will report earnings in May, so we will see how much our clients stay engaged in the markets.” TD Ameritrade clients were net buyers of dividend stocks in the April period, including AT&T Inc. (T) and Verizon (VZ), both of which traded down following their earnings reports early in the period. Clients were net buyers of Amazon Inc. (AMZN) and Facebook Inc. (FB) with both stocks reaching all-time highs during the period. Apple Inc. (AAPL) was net bought as the stock reached a 52-week high. Investors will likely keep an eye on the stock as the company is expected to release the 10th anniversary iPhone later this year. Finally, Plug Power Inc. (PLUG) was also a net buy following a deal to sell $70 million of fuel-cell forklifts to Amazon. Additional popular names bought in April included Dry Ships Inc. (DRYS) and Berkshire Hathaway Inc. (BRK.B). TD Ameritrade clients were net sellers of Consumer Goods and Service companies during the April period. Starbucks Inc. (SBUX) was net sold for a second month in a row, after an analyst upgrade pushed the stock to a 52-week high. Panera Inc. (PNRA) was also net sold after being acquired by JAB Holdings for $315 per share. Whole Foods Market Inc. (WFM), a net sold, reached a 52-week high after Jana Partners took nearly a 9% stake in the company. Finally, with plans to launch a mobile money transfer app in partnership with American Express Inc. (AXP), Walmart (WMT) stock reach a 52-week high and was net sold. Net selling activity also occurred within the Energy sector as ConocoPhillips Corp. (COP) and Kinder Morgan Inc. (KMI) were net sold. The IMX value is calculated based on a complex proprietary formula. Each month, TD Ameritrade pulls a sample from its client base of 7 million funded accounts, which includes all accounts that completed a trade in the past month. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores, and the median of those scores represents the monthly IMX. For more information on the Investor Movement Index, including historical IMX data going back to December 2010; to view the full report from April 2017; or to sign up for future IMX news alerts, please visit www.tdameritrade.com/IMX. Additionally, TD Ameritrade clients can chart the IMX using the symbol $IMX in either the thinkorswim® or TD Ameritrade Mobile Trader platforms. Inclusion of specific security names in this commentary does not constitute a recommendation from TD Ameritrade to buy, sell, or hold. Past performance of a security, strategy, or index is no guarantee of future results or investment success. Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision. The IMX is not a tradable index. The IMX should not be used as an indicator or predictor of future client trading volume or financial performance for TD Ameritrade. For the latest TD Ameritrade news and information, follow the company on Twitter, @TDAmeritradePR. About TD Ameritrade Holding Corporation Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (Nasdaq:AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how — bringing Wall Street to Main Street for more than 40 years. TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade’s newsroom or www.amtd.com for more information.


Embodiments of the present invention provide systems, methods, and computer medium having computer programs to determine presence of stress corrosion cracking in one or more pipelines or portions thereof such as pipeline joints by utilizing pattern recognition in pipeline data such as magnetic flux leakage data. A screening process, for example, does not affect or change how survey data is recorded such as in survey tools; only how it is analyzed after the survey data is completed. Embodiments of the systems, methods, and computer medium having computer programs can be used to screen for potential locations of stress corrosion cracking in one or more pipelines so that site excavation can occur for confirmation and validation of the output results.


Embodiments of the present invention provide methods, machines, and a computer medium or media having computer programs to determine presence anomalies in circumferential welds of one or more pipelines transporting fluids associated with energy therethrough. Wave form analysis or pattern recognition in pipeline data such as magnetic flux leakage data is employed. A screening process, for example, does not affect or change how survey data is recorded such as in survey tools; only how it is analyzed after the survey data is completed. Embodiments of the machines, methods, and computer medium having computer programs can be used to screen for anomalies potentially threatening the structural integrity of the one or more pipelines so that site excavation can occur for confirmation and validation of the output results.


Floating roof storage vessels including a vapor emission reduction system designed to be inserted into deck leg apertures, when the legs have been removed during hydrocarbon storage.


Patent
Kinder Morgan | Date: 2013-09-20

A system of treating high nitrogen content waste water is disclosed, where the system includes a precipitation and conditioning subsystem, an ammonia stripper subsystem, and a denitrification subsystem. The system is adapted to reduce nitrogen contamination to level below about 10 ppm and in certain embodiments below 3 ppm.


Patent
Kinder Morgan | Date: 2013-09-20

A system of treating high nitrogen content waste water is disclosed, where the system includes a precipitation and conditioning subsystem, an ammonia stripper subsystem, and a denitrification subsystem. The system is adapted to reduce nitrogen contamination to level below about 10 ppm and in certain embodiments below 3 ppm.


Patent
Kinder Morgan | Date: 2013-12-19

Processes and compositions for scavenging hydrogen sulfide from hydrocarbon streams are disclosed that reduce, if not substantially eliminate, the formation of crystalline or amorphous solids even under cold conditions. The compositions used in the processes comprise a hexahydrotriazine component and an amphiphilic component that form a hydrophobic micelle when the hexahydrotriazine component becomes spent.

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