Kinder Morgan

Kinder Morgan, a North American utilities company, handles and stores energy products that are needed to generate electricity, power cars, and more. They transport, store and distribute products such as ethanol, natural gas, refined petroleum products, crude oil, coal and carbon dioxide. Having 170 terminals and more than 37,000 miles of pipelines, the company stands as one of the region’s largest pipeline transportation and energy storage companies.

A big percentage of the company’s assets are owned by the largest publicly traded pipeline master limited partnership, the Kinder Morgan Energy Partners. The company currently owns an enterprise value of over $25 billion. Kinder Morgan Energy Partners receives a fee for the services they offer as well as for providing connectivity to their customers.

Basically, pipelines and terminals serve as the company’s principal assets. However, aside from merely focusing on terminals and pipelines, Kinder Morgan is also working to expand their service and construct new infrastructures to address future energy demands especially in the growing North American markets. The company’s current projects include new natural gas pipeline initiatives such as the Midcontinent Express, Fayetteville Express and the Rockies Express projects. Along with these initiatives, the company is also investing billions of dollars for the expansion of its assets.

Apart from expansion, Kinder Morgan is also dedicated to being a good corporate citizen. The company operates in a responsible and ethical manner. The company constantly makes an effort to employ sustainable business practices. Kinder Morgan dedicates huge sums of money to initiate several integrity management programs all year long in order to protect the environment, its employees and the public.

According to the company’s current chief executive officer and chairman, Richard Kinder, the company guarantees to do its best to focus on addressing the needs of its customers, operate their assets efficiently and safely as well as to build good relationships with its stakeholders in order to shape a better future for the company.

Bookmark and Share: