- Market Realist•5 hours ago
Kinder Morgan (KMI) reduced its net debt by $3.1 billion in 2016.
- Market Realist•3 days ago
The EIA reports that motor gasoline, distillate fuel oil, and jet fuel demand in 2017 is expected to rise 0.7%, 1.6%, and 0.1%, respectively.
- American City Business Journals•4 days ago
Two Houston companies, Phillips 66 (PSX) and Kinder Morgan Inc. (KMI) have had pipeline fires on assets they operate in the past week. A wider direct impact from the incidents is unlikely — both Texas and Louisiana are considered business-friendly states, which means less pushback from locals and officials, said John Mayes, the director of special studies for Dallas-based Turner, Mason and Co. Incidents like these could contribute to an overall negative perception of fuel pipelines that is evident now in opposition to projects like TransCanada Corp.'s (TRP) Keystone XL pipeline and Dallas-based Energy Transfer Partners LP's (ETP) joint venture Dakota Access Pipeline .
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