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Kinder Morgan Inc
1001 Louisiana St,, Suite 1000, Houston, United States

Memberships : NA
Industry : Natural Gas
Basic Member
Since Oct, 2016
About Company

Kinder Morgan is the largest energy infrastructure company in America. We own an interest in or operate approximately 84,000 miles of pipelines and approximately 180 terminals. Our pipelines transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and more. Our terminals store and handle petroleum products, chemicals and other products.

The revolutionary shale plays across the United States are creating a tremendous need for more energy infrastructure, which bodes well for us. We invest billions of dollars each year to grow the company by building new and expanding existing assets to help ensure that a variety of energy products get delivered into the marketplace.

In most of our businesses we operate like a giant toll road and receive a fee for our services, generally avoiding commodity price risk. Our customers include major oil companies, energy producers and shippers, local distribution companies and businesses across many industries.

Kinder Morgan is committed to being a good corporate citizen and conducting ourselves in an ethical and responsible manner. We spend hundreds of millions of dollars each year on integrity management and maintenance programs to operate our assets safely and to protect the public, our employees, contractors and the environment. Operationally, we continue to perform better than our industry peers relative to environmental, health and safety measures.

 

Kinder Morgan is the largest energy infrastructure company in America. We own an interest in or operate approximately 84,000 miles of pipelines and approximately 180 terminals. Our pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide (CO2) and more. We also store or handle a variety of products and materials at our terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke and steel.

We are a market leader in each of our businesses – Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada. We have an unparalleled, large footprint of diversified and strategically located assets that are core to North American energy infrastructure and help deliver needed energy products to high-demand markets. For example, Kinder Morgan is the:

  • Largest natural gas network with 69,000 miles of pipelines. We are connected to every important U.S. natural gas resource play, including the Eagle Ford, Marcellus, Utica, Uinta, Haynesville, Fayetteville and Barnett. We move about one-third of the natural gas consumed in America.
  • Largest independent transporter of petroleum products, transporting about 2.1 million barrels of product per day. We move gasoline, jet fuel, diesel, crude, natural gas liquids and more.
  • Largest transporter of carbon dioxide (CO2), transporting about 1.2 billion cubic feet per day. Most of the CO2 is used in enhanced oil recovery projects in the Permian Basin of West Texas.
  • Largest independent terminal operator. Our liquids terminals store refined petroleum products, chemicals, ethanol and more, and have a capacity of 152 million barrels. Our dry bulk terminals store and handle such materials as coal, petroleum coke and steel, and we handle over 65 million tons per year. We also have a strong Jones Act shipping position with eight vessels in service and eight more to be delivered through 2017.
  • Only oilsands pipeline serving the West Coast. We currently transport 300,000 barrels per day to Vancouver/Washington State and our proposed expansion will increase that capacity to 890,000 barrels per day.

Our customers include major oil companies, energy producers and shippers, local distribution companies and businesses across many industries. In most of our businesses we operate like a giant toll road and receive a fee for our services, generally avoiding commodity price risk. In our CO2 business, where exposure to commodity prices does exist, we employ a hedging strategy to partially mitigate that risk. For 2016, approximately 91 percent of our cash flows are fee-based and 97 percent of our cash flows are fee-based or hedged.

The revolutionary shale plays across the United States are creating a tremendous need for more energy infrastructure, which bodes well for us. We invest billions of dollars each year to grow the company by building new and expanding existing assets to help ensure that a variety of energy products get delivered into the marketplace.

Kinder Morgan strives for financial and operational excellence, and we are committed to being a good corporate citizen and conducting ourselves in an ethical and responsible manner. In addition to delivering value to our shareholders and meeting our customers' needs, we spend hundreds of millions of dollars each year on integrity management and maintenance programs to operate our assets safely and to protect the public, our employees, contractors and the environment.

We pride ourselves on being a different kind of energy company. What makes us different? It starts at the top with Executive Chairman Rich Kinder, who earns a salary of $1 per year and does not receive a bonus, stock options or restricted stock grants. President and CEO Steve Kean also receives an annual salary of $1. We work hard to align managements’ and shareholders’ incentives by,eliminating unnecessary expenses such as corporate aircraft, sponsorships, sports tickets and executive perks. In addition, we tie financial incentives for our employees directly to the performance of the company and their own personal performances.

Kinder Morgan has been conducting its business transparently long before it became a corporate buzz word. We are one of the only S&P 500 companies that publishes its annual budget on its website, which enables investors and others to follow our progress throughout the year. We also post our operational performance on our website and continue to perform better than our industry peers relative to environmental, health and safety measures.

We do not have a Political Action Committee. Any political contributions made by executives or employees are made individually as private citizens with their own personal money.

Kinder Morgan has nearly 12,000 employees and is the largest energy infrastructure company in America.

 
Company NameKinder Morgan Inc
Business CategoryNatural Gas
Address1001 Louisiana St,
Suite 1000
Houston
United States
ZIP: 77002
PresidentNA
Year Established1997
Employees10000
MembershipsNA
Hours of OperationNA
Company Services
  • Natural Gas Pipelines
Phone NumberLocked contentSubscribe to view
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