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In July 1999, KN Energy agreed to buy natural gas pipeline operator Kinder Morgan, Inc. for $506 million in stock. [17] Richard Kinder, formerly president of Enron Corp., formed Kinder Morgan in late 1996 as a vehicle to take control of the Enron Liquids Pipeline Company, a subsidiary of the Enron Corporation. That deal was worth $40 million.
Kinder Morgan Energy Partners (KMP) was founded in 1997 when a group of investors acquired the general partner of a small, publicly traded pipeline limited partnership (Enron Liquids Pipeline, L.P.) later renamed Kinder Morgan Energy Partners, L.P. [3] Its cofounder Rich Kinder had been the president of Enron.
Kinder Morgan Energy Partners LP (NYSE: KMI) (KMEP) is a subsidiary of Kinder Morgan, Inc. The company, which is classified as an oil and gas master limited partnership (MLP), [1] owns or operates petroleum product, natural gas, and carbon dioxide pipelines, related storage facilities, terminals, power plants and retail natural gas in the United States and Canada.
Kinder Morgan Energy Partners to Expand Eagle Ford Crude Condensate Pipeline HOUSTON--(BUSINESS WIRE)-- Kinder Morgan Energy Partners, L.P. (NYS: KMP) today announced it will invest approximately ...
Kinder Morgan Energy Partners to Expand Capacity on Sweeny Lateral Pipeline HOUSTON--(BUSINESS WIRE)-- Kinder Morgan Energy Partners, L.P. (NYS: KMP) today announced it has entered into a long ...
Based on combined enterprise value, Kinder Morgan is the third-largest energy company in North America. We tend to associate the giant with its 75,000 miles of pipelines, but in reality its ...
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Kinder Morgan Building - 1001 Louisiana St, Houston, Texas Richard D. Kinder (born October 19, 1944) [ 1 ] is an American businessman. He is the co-founder and executive chairman of Kinder Morgan Inc. , an energy and pipeline corporation.