The board of directors of El Paso Corporation (NYSE: EP) declared today
a quarterly dividend of $0.01 per share on the company's outstanding
common stock. The dividend will be payable April 2, 2012 to shareholders
of record as of the close of business on March 5, 2012. Outstanding
shares of common stock entitled to receive dividends as of January 31,
2012 were 772,591,004.
El Paso Corporation provides natural gas and related energy products in
a safe, efficient, and dependable manner. The company owns North
America's largest interstate natural gas pipeline system, one of North
America's largest independent exploration & production companies and an
emerging midstream business. El Paso owns a 42 percent limited partner
interest, and the 2 percent general partner interest in El Paso Pipeline
Partners, L.P. On October 16, 2011, El Paso Corporation announced that
it has entered into a definitive agreement whereby Kinder Morgan, Inc.
will acquire all of the outstanding shares of El Paso Corporation. For
more information, visit www.elpaso.com.
Cautionary Statement Regarding Forward-Looking Statements
This release includes certain forward-looking statements and
projections. The company has made every reasonable effort to ensure that
the information and assumptions on which these statements and
projections are based are current, reasonable, and complete. However, a
variety of factors could cause actual results to differ materially from
the projections, anticipated results or other expectations expressed in
this release, including, without limitation, our ability to pay the
dividends declared; the uncertainties associated with governmental
regulation; and other factors described in the company's (and its
affiliates') Securities and Exchange Commission filings. While the
company makes these statements and projections in good faith, neither
the company nor its management can guarantee that anticipated future
results will be achieved. Reference must be made to those filings for
additional important factors that may affect actual results. The company
assumes no obligation to publicly update or revise any forward-looking
statements made herein or any other forward-looking statements made by
the company, whether as a result of new information, future events, or
otherwise.
