In the News | Kinder Morgan

Enstor Announces Acceptance of FERC Certificate to Expand Its Mississippi Hub Natural Gas Storage Facility

“Expansion projects underway for the Southeast region, including Evangeline Pass, Mississippi Crossing and the South System Expansion 4 projects, are the direct result of significant natural gas demand expectations for the near future. With growing natural gas demand, there is a need for additional storage in this region,” said KMI East Region Chief Commercial Officer Ernesto Ochoa. "Additional storage coupled with our extensive network further enhances the services we can provide our customers.”

Entergy Texas partners with Kinder Morgan, Golden Pass LNG to fuel Southeast Texas growth

“We are pleased to support our customers’ growing needs for natural gas,” said Sital Mody, KMI Natural Gas President. “We believe our Trident Intrastate Pipeline project is critical to meeting rising power, industrial and LNG demand in Texas and are excited to work with Entergy Texas and Golden Pass LNG as we continue to provide reliable and affordable energy solutions to the state.”

Flyscan Systems Announces that Kinder Morgan Joins its Strategic Investor Group

“Flyscan technologies are state-of-the-art for pipeline leak detection and right-of-way damage prevention,” said James Holland, Kinder Morgan Chief Operating Officer. “We look forward to partnering with Flyscan to advance industry efforts to protect our employees, the environment and the communities in which we operate.”

Kim Dang in the Houston Chronicle

Kinder Morgan CEO Kim Dang sat down with the Houston Chronicle on her first day in her new role.

"Dang prefers to focus on personal excellence as she steers the Houston pipeline giant through the energy transition. Energy companies such as Kinder Morgan are grappling with how to serve the urgent energy needs of the moment while laying the groundwork for a future model that uses less fossil fuel."

David Michels in The Wall Street Journal

For Kinder Morgan, a higher tax would mean lower stock prices are needed at the time of share repurchases, Chief Financial Officer David Michels recently told the The Wall Street Journal. “We only really consider share repurchases when we have an attractive repurchase price,” the CFO said. At 1%, the excise tax is a consideration, but not a very large part of any decision on buybacks, according to Michels.

Tom Martin in Institutional Investor

“There are still multiple federal, legal, and local challenges to the permitting process that add risks and potential delays to all new projects,” says Tom Martin, incoming president of Kinder Morgan, which moves 40 percent of U.S natural gas production through its 70,000 miles of pipeline. The near absence of new permits means that Kinder Morgan’s existing pipeline network is more valuable than ever, allowing the company to charge higher contract rates.

Kinder Morgan Named One of America’s Best Employers for Veterans

Kinder Morgan was recently named one of America’s best employers for veterans by Forbes.