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We are investing billions of dollars to build and expand infrastructure to help meet the demand for energy products across North America. Our projects include new large natural gas pipeline initiatives – the Rockies Express, Midcontinent Express and Fayetteville Express projects – along with expansions of many existing assets across all of our businesses. We are committed to being a good corporate citizen, conducting ourselves in an ethical and responsible manner, and employing sustainable business practices. Toward that end, we spend hundreds of millions of dollars each year on integrity management programs and maintenance, as we are dedicated to protecting the public, the environment and our employees. At Kinder Morgan we have always prided ourselves on being a low-cost asset operator by eliminating unnecessary expenses. For instance, we don’t own corporate aircraft or tickets to sports events, and we don’t spend money on executive perks or glitzy marketing initiatives. Additionally, we cap senior executives’ base salaries below industry standards and tie their financial incentives directly to the results of the company and their individual performance. My salary is $1 per year, and I don’t receive a bonus, stock options or restricted stock grants. Thus, my financial interests are aligned directly with our shareholders. We pledge to do our best to continue focusing on meeting our customers’ needs, operating our assets safely and efficiently, and fostering mutually beneficial relationships with our stakeholders today to shape a better tomorrow. Richard D. Kinder |
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Kinder Morgan’s principal assets are pipelines and terminals. Our business model is simple. We own, operate, expand, build and acquire primarily fee-based energy assets that typically have minimal exposure to commodity price volatility. Kinder Morgan is financially strong and historically our stable assets have enabled us to consistently generate superb cash flow in all types of market conditions.