HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that its Board of
Directors has approved a plan pursuant to which it expects to pay
quarterly dividends of $.125 per share to its common stockholders ($.50
annually), down from its current quarterly level of $.51, beginning with
the fourth quarter 2015 dividend payable in February 2016. This dividend
enables the company to use a significant portion of its large cash flow
to fund the equity portionmore...
HOUSTON--(BUSINESS WIRE)--In its third quarter earnings call, Kinder Morgan, Inc. (NYSE: KMI)
indicated an expected 2016 growth range of 6 to 10 percent over its 2015
target dividend of $2.00 per share. KMI has now completed its 2016
budget process and expects to generate 2016 distributable cash flow of
slightly over $5 billion, which would be sufficient to support dividend
growth in the range discussed in the third quarter call. Alternatively,
this cash flow can be usedmore...
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) and Brookfield Infrastructure Partners
L.P. (NYSE: BIP, TSX: BIP.UN) today announced a definitive agreement
whereby they will jointly acquire, from Myria Holdings, Inc., the 53
percent equity interest in Natural Gas Pipeline Company of America LLC
(NGPL) not already owned by them for a total purchase price of
approximately $242 million. KMI will pay approximately $136 million and
increase its ownership interestmore...
HOUSTON--(BUSINESS WIRE)--Colorado Interstate Gas Company, L.L.C. (the Company), today announced
that it had submitted a notice to the New York Stock Exchange (the NYSE)
of its intention to voluntarily withdraw the Company’s 6.85% Senior
Debentures due June 15, 2037 (the 2037 Debentures) from listing on the
NYSE and to voluntarily terminate the registration of the 2037
Debentures under the Securities Exchange Act of 1934, as amended (the
HOUSTON--(BUSINESS WIRE)--Tennessee Gas Pipeline Company, L.L.C. (TGP), a Kinder Morgan company
(NYSE: KMI), today filed a certificate application under Section 7(c) of
the Natural Gas Act with the Federal Energy Regulatory Commission (FERC)
for its proposed Northeast Energy Direct Project (NED).
“The NED Project is a transformative project for the northeast United
States,” said Kinder Morgan East Region Natural Gas Pipelines President
Kimberly S. Watson. “more...
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that it received notice
of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC
Capital) to purchase up to 4 million shares of Kinder Morgan’s Class P
common stock at a price of $23.30 per share in cash. The offering price
is 4.51 percent below the closing price per share of Kinder Morgan’s
Class P common stock on Nov. 11, 2015, the last trading day before the
offer was commenced. Themore...
HOUSTON--(BUSINESS WIRE)--A subsidiary of Kinder Morgan, Inc. (NYSE: KMI) today announced it has
signed a joint venture (JV) letter of intent (LOI) with a subsidiary of
the TrailStone Group (TrailStone) to form a Mexican natural gas
marketing company. The JV between KMI and TrailStone subsidiaries will
combine North American gas supply and transportation to provide
competitively priced gas supply to industrial markets and power
generators in the Monterrey area and tomore...
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of
directors approved an increase in its quarterly cash dividend to $0.51
($2.04 annualized) payable on Nov. 13, 2015, to shareholders of record
as of the close of business on Nov. 2, 2015. This represents a 16
percent increase over the third quarter 2014 dividend of $0.44 per share
($1.76 annualized) and is up from $0.49 per share ($1.96 annualized) for
the second quarter of 2015.more...
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that the company has
finalized agreements with BP Products North America Inc. to acquire 15
refined products terminals and associated infrastructure in the United
States in a transaction valued at approximately $350 million. Kinder
Morgan and BP will form a joint venture limited liability company (JV)
terminal business to own 14 of the acquired assets, which Kinder Morgan
will operate and market onmore...
HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) announces the following webcast:
What: Kinder Morgan Third Quarter ‘15 Earnings Results Webcast
When: Oct. 21, 2015, at 3:30 p.m. CT, 4:30 p.m. ET
How: Live over the Internet. Simply log on to the web at the above
address. If you are unable to listen during the live webcast, the call
will be archived at www.more...
ComputerShare Information for investors with shares held direct through transfer agent. For shares held at a brokerage, investors should contact their investment advisor. KMI: (800) 847-4351 ComputerShare website KMP: (800) 519-3111 KMR: (877) 373-6374 EPB: (888) 417-4835