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El Paso Corporation was a provider of natural gas and related energy products and was one of North America's largest natural gas producers until its acquisition by Kinder Morgan in 2012. It was headquartered in Houston , Texas , United States .
As a condition of regulatory approval for its acquisition of El Paso Corp., Kinder Morgan Energy Partners L.P. (NYSE: KMP) agreed to divest some assets in the Rocky Mountains. Today the company ...
El Paso Natural Gas (EPNG) is an American company and a 10,140-mile pipeline system consisting of a system of natural gas pipelines that brings gas from the Permian Basin in Texas and the San Juan Basin in New Mexico and Colorado to West Texas, New Mexico, Nevada, California, and Arizona. It also exports some natural gas to Mexico. [1]
In June 2003 Oscar Wyatt, along with El Paso investor Selim Zilkha, initiated a proxy fight to gain control of the El Paso Corporation and to wrestle control of the remaining assets, which included natural gas pipelines, exploration, and production assets. Since the merging and disclosing of corporate malfeasance by El Paso management, Its ...
In 2003, El Paso Corp. hired Foshee as its CEO. [3] In 2012, Foshee served as the lead negotiator for El Paso in Kinder Morgan's purchase of El Paso. [4] Shareholders of El Paso sued to stop the merger, alleging that Foshee had failed to get the best price for El Paso, but Delaware judge Leo E. Strine Jr. allowed the deal to go through. [5]
El Paso Pipeline Partners Increases Quarterly Distribution to $0.61 Per Unit Distribution Up 22 Percent From Fourth Quarter 2011 HOUSTON--(BUSINESS WIRE)-- El Paso Pipeline Partners, L.P. (NYS ...
In March 1999, Sonat announced it was merging with El Paso Corporation in a $6 billion deal in an effort for El Paso to maintain competition in the natural gas markets. [5] At the time of the merger, Sonat was a Fortune 500 company.
Two former energy company executives turned themselves into authorities Friday for their suspected role in facilitating the biggest corruption scandal in Ohio state history. The scheme involved ...