20.74 +0.07 (0.34%)
After hours: 5:38PM EDT
|Bid||20.69 x 1000|
|Ask||20.70 x 3200|
|Day's Range||20.58 - 20.73|
|52 Week Range||14.62 - 21.50|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||20.71|
|Forward Dividend & Yield||1.00 (4.82%)|
|1y Target Est||N/A|
NYSE: PBA) (Pembina) to amend and restate the previously announced arrangement agreement dated August 20, 2019 to include the preferred shares of KML in the arrangement transaction. If requisite approval by the holders of KML preferred shares is obtained, upon closing of the transaction, each outstanding KML preferred share of a series will be exchanged for a preferred share of Pembina with the same commercial terms and conditions as that series of KML preferred shares. The inclusion of KML preferred shares in the transaction is subject to approval by at least 66 2/3% of the votes cast by holders of KML preferred shares, voting together as a single class, present in person or represented by proxy at the special meeting of the holders of KML preferred shares to be held to approve the transaction, but is not a condition to closing of the transaction.
NYSE: PBA) (Pembina) for $1.546 billion, approximately 13 times 2019 expected EBITDA. Also, Kinder Morgan Canada Limited (KML.TO) announced that it reached an agreement with Pembina under which Pembina has agreed to acquire all the outstanding common equity of KML (which includes KMI’s 70 percent stake), subject to the terms of the arrangement agreement between KML and Pembina.
NYSE: PBA) ( Pembina ) under which Pembina has agreed to acquire all of the outstanding common equity of KML (including the 70 percent majority voting interest held by Kinder Morgan Inc. (NYSE: KMI)), subject to the terms of the arrangement agreement between KML and Pembina. On closing, KML shareholders will receive .3068 shares of Pembina for each KML share. Based on yesterday's closing price for Pembina , the total consideration to be received by KML common shareholders is valued at $15.12 per KML share, which represents a 38 percent premium to yesterday's KML closing price.
Kinder Morgan, Inc. (KMI) today announced a series of projects, totaling over $170 million of capital investment, that will increase efficiency, add product liquidity, and enhance blending capabilities at its Pasadena and Galena Park terminals, part of its best-in-class refined products storage hub on the Houston Ship Channel. In response to growing customer demand, KMI’s liquids terminal platform now boasts 10 ship docks, 38 barge spots, 20 inbound pipelines providing connectivity to 10 regional refineries and chemical plants, 15 outbound pipelines, 14 cross-channel lines, and approximately 43 million barrels of storage on the Houston Ship Channel, North America’s leading port for energy exports.
NEW YORK, NY / ACCESSWIRE / July 17, 2019 / Kinder Morgan, Inc. (NYSE: KMI ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 17, 2019 at 4:30 PM Eastern ...
Kinder Morgan, Inc. (KMI), through its subsidiary Hiland Crude, LLC (Hiland Crude), and Tallgrass Energy, LP (TGE), through its subsidiary Tallgrass Pony Express Pipeline, LLC (Pony Express), today announced the start of a binding joint tariff open season to solicit commitments for crude oil transportation service from Bakken origin points on the Hiland Crude system to refinery delivery points along the Pony Express system and to Cushing, OK.
Kinder Morgan, Inc. (KMI) today issued the following statement after the Travis County District Court dismissed all claims made against the Permian Highway Pipeline (PHP) Project. “Kinder Morgan is very pleased with the ruling made by the Travis County District Court,” said Tom Martin, president of Natural Gas Pipelines for KMI. “The court’s finding validates the process established in Texas for the development of natural gas utility projects, as well as the steps we have taken to comply with that process.
Kinder Morgan, Inc. (KMI) today announced the start of a binding open season to solicit commitments for an expansion of a portion of its SFPP, L.P. (SFPP) system. The expansion will provide for approximately 7,500 barrels per day (bpd) of incremental capacity for the transportation of Mexican-grade gasoline and diesel from El Paso, Texas to SFPP’s Annex Terminal in Tucson, Arizona. The additional capacity will be provided through expanded pump capability at SFPP’s El Paso Station.
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2019) - Karam Minerals (CSE: KMI) is one of the latest new listing on the Canadian Securities Exchange. Through an internal staking program, the company acquired a 100% undivided interest in the Black Duck Project. The Black Duck Property, consisting of two mineral titles covering approximately 1,622 hectares, is located 60 kilometers northwest of Kamloops, in south-central British Columbia.For more information, please view the InvestmentPitch Media "video" ...
Kinder Morgan, Inc. is pleased to announce that Tennessee Gas Pipeline and El Paso Natural Gas have agreed to settlements with their shippers to address issues raised by the Federal Energy Regulatory Commission's 501-G process.
NEW YORK, March 28, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Phillips 66 Partners (NYSE:PXSP) and Kinder Morgan, Inc. (KMI), announced today the start of a joint open season by Gray Oak Pipeline, LLC (Gray Oak) and Kinder Morgan Crude & Condensate LLC (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin to KMCC delivery points at or near the Houston Ship Channel under a binding joint transportation services agreement. Delivery from the Gray Oak Pipeline to the Houston Ship Channel would be achieved through a connection in South Texas.
Tallgrass Energy, LP (TGE) and Kinder Morgan, Inc. (KMI) today announced an agreement to jointly develop a solution to increase existing crude oil takeaway capacity in the growing Powder River and Denver-Julesburg basins and to add incremental capacity to the Williston Basin and portions of Western Canada. TGE would contribute its Pony Express Pipeline System, and KMI would contribute portions of its Wyoming Intrastate Company and Cheyenne Plains Gas Pipeline and begin the process of abandonment and conversion to crude oil service. In addition, approximately 200 miles of new pipeline would be constructed to provide crude oil deliveries into Cushing, Okla.