Kinder Morgan

For the pipeline named after the company, see Trans Mountain Pipeline.
Kinder Morgan, Inc.
Company typePublic
IndustryOil and gas
Founded1997; 27 years ago (1997)
Founders
HeadquartersHouston, Texas, U.S.
Area served
United States and Canada
Key people
Services
RevenueIncrease US$16.61 billion (2021)[1]
Increase US$2.92 billion (2021)[1]
Increase US$1.78 billion (2021)[1]
Total assetsDecrease US$70.42 billion (2021)[1]
Total equityDecrease US$30.82 billion (2021)[1]
Number of employees
10,529 (December 2021)[1]
Websitekindermorgan.com

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America.[2] The company specializes in owning and controlling oil and gas pipelines and terminals.[3]

Kinder Morgan owns an interest in or operates approximately 83,000 miles (134,000 km) of pipelines and 143 terminals.[1] The company's pipelines transport natural gas, liquefied natural gas, ethanol, biodiesel, hydrogen, refined petroleum products, crude oil, carbon dioxide, and more. Kinder Morgan also stores or handles a variety of products and materials at their terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke, and steel.[4]

The company has approximately 72,000 miles (116,000 km) of natural gas pipelines[5] and is the largest natural gas pipeline operator in the United States, moving about 40 percent of the natural gas consumed in the country.[6][1][7] The company previously had built a major presence in Canada with the Trans Mountain pipeline, but that infrastructure is now publicly owned and operated.[8] The company's CO2 division traditionally provides carbon dioxide (CO2) for enhanced oil recovery projects in North America, but also increasingly for carbon sequestration efforts.[9][10]

  1. ^ a b c d e f g h "Kinder Morgan, Inc. 2021 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. 7 February 2022.
  2. ^ "Kinder Morgan's Biggest Win in 2016 So Far". fool.com. 13 September 2016. Retrieved 1 March 2017.
  3. ^ "About Us". kindermorgan.com. Retrieved 25 Aug 2014.
  4. ^ "Home – Kinder Morgan". www.kindermorgan.com.
  5. ^ "Kinder Morgan – Natural Gas Pipelines". www.kindermorgan.com.
  6. ^ "Why Kinder Morgan Is a Good Pick for Value Investors". finance.yahoo.com. 10 May 2021. Retrieved 2022-10-14.
  7. ^ Otterbourg, Ken (2 Jun 2014). "Kinder Morgan: The energy boom's mighty middleman". Fortune.com. Retrieved 8 Sep 2014.
  8. ^ "Canada to buy Kinder Morgan oil pipeline in bid to save project". Reuters. 2018-05-29. Retrieved 2022-10-14.
  9. ^ Failure Investigation Report – Central Florida Pipeline 10-inch Jet Fuel Pipeline Failure, July 22, 2011, http://www.phmsa.dot.gov/pv_obj_cache/pv_obj_id_4DFEE9C3F71E6C9384A34BA182C1F157C5212A00/filename/cntrl_FL_red_appD.pdf Archived 2014-10-06 at the Wayback Machine.
  10. ^ Sergio Chapa. "Kinder Morgan Seeks to Expand CO2 Business in Clean Energy Push". Bloomberg News, March 29, 2021. Accessed April 27, 2021