Kinder Morgan Inc. (2KD)

Overview

Kinder Morgan, Inc. stands as a pivotal energy infrastructure entity predominantly operating within North America. The company has evolved through various segments including Natural Gas Pipelines, Products Pipelines, Terminals, and CO2, each contributing to its broad spectrum of operations. Initially known as Kinder Morgan Holdco LLC, it underwent a rebranding to Kinder Morgan, Inc. in February 2011. Since its incorporation in 2006, it has established its headquarters in Houston, Texas, and has marked its prominence by owning and managing approximately 82,000 miles of pipelines along with 139 terminals. The company's extensive infrastructure and strategic operations solidify its role in the energy sector, facilitating the transportation and storage of a wide range of commodities.

Products and Services

Kinder Morgan, Inc.'s extensive operations are divided across several key segments, each specializing in different facets of energy infrastructure:

• Natural Gas Pipelines: This segment prides itself on owning and operating a vast network of both interstate and intrastate natural gas pipelines alongside storage systems. It also encompasses natural gas gathering systems, processing, and treating facilities, as well as natural gas liquids fractionation and transportation systems. Moreover, this division is responsible for the ownership and operation of facilities dedicated to the gasification, liquefaction, and storage of liquefied natural gas.
• Products Pipelines: This division is tasked with the ownership and operation of pipelines transporting refined petroleum products, crude oil, and condensate. Along with these pipelines, the segment includes associated product terminals and petroleum pipeline transmix facilities which play a crucial role in the logistics of petroleum products.
• Terminals: Kinder Morgan's Terminal segment is engaged in the ownership and/or operation of terminal facilities which store and handle a diverse array of commodities. These range from gasoline, diesel fuel, renewable fuel and feedstocks, to chemicals, ethanol, metals, and petroleum coke. Additionally, the segment boasts ownership of tankers, further extending its logistical capabilities within the energy sector.
• CO2: Specializing in the production, transportation, and marketing of CO2, this segment contributes to the enhanced oil recovery in mature oil fields. It covers the operation and ownership of oil fields, gasoline processing plants, and a crude oil pipeline system situated in West Texas. Further expanding its environmental commitment, it operates facilities for Renewable Natural Gas (RNG) and Liquefied Natural Gas (LNG), underscoring its dedication to innovating within the energy landscape.