Oil & Gas Midstream Industry | Energy Sector | Ms. Kimberly Allen Dang CEO | XFRA Exchange | US49456B1017 ISIN |
United States Country | 10,891 Employees | - Last Dividend | - Last Split | 11 Feb 2011 IPO Date |
Kinder Morgan, Inc. stands as a vital player in the North American energy landscape, operating a vast and diversified infrastructure dedicated to energy. With services spanning from the transportation of natural gas and crude oil to the operation of storage facilities for a broad range of energy products, the company's influence touches nearly all facets of the energy supply chain. Originating as Kinder Morgan Holdco LLC, the entity transitioned to its current name in February 2011, underscoring its evolution and expansive growth since its inception in 2006. Headquartered in the energy hub of Houston, Texas, Kinder Morgan's operational footprint is extensive, boasting approximately 82,000 miles of pipelines along with 139 terminals. The company's operations are segmented into Natural Gas Pipelines, Products Pipelines, Terminals, and CO2, each of which encapsulates a critical component of energy infrastructure management, including the operation of interstate and intrastate pipelines, storage systems, and facilities for the natural gas and petroleum sectors. Through its commitment to serving the complex needs of its customers, Kinder Morgan plays an instrumental role in the efficient and reliable distribution of energy resources across North America.
This segment represents Kinder Morgan's backbone, owning and operating an extensive network of interstate and intrastate natural gas pipelines along with storage systems. Notably, it includes natural gas gathering and processing facilities, natural gas liquids (NGL) fractionation and transportation systems, and facilities dedicated to the liquefaction and storage of liquefied natural gas (LNG). This comprehensive network ensures the reliable delivery of natural gas to meet growing energy demands.
Kinder Morgan's Products Pipelines division handles the transportation of refined petroleum products, crude oil, and condensate through its pipelines. This sector also includes a network of product terminals and petroleum pipeline transmix facilities which play a vital role in the energy supply chain, ensuring the efficient and safe delivery of petroleum products.
The Terminals segment of Kinder Morgan owns and operates various liquid and bulk terminals that serve a wide array of commodities including gasoline, diesel fuel, chemicals, ethanol, and metals. These terminals not only store and handle these commodities but also play a crucial role in the logistical chain, linking production with end-user markets.
Focused on the enhanced oil recovery sector, this segment produces, transports, and markets carbon dioxide (CO2) while also owning and operating oil fields and gas processing plants. Additionally, it oversees a crude oil pipeline system in West Texas and is involved in the operation of renewable natural gas (RNG) and LNG facilities, highlighting Kinder Morgan's commitment to supporting both traditional energy markets and renewable energy initiatives.