Last €59.03 EUR
Change Today -0.173 / -0.29%
Volume 0.0
KM7 On Other Exchanges
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As of 9:32 AM 07/9/14 All times are local (Market data is delayed by at least 15 minutes).

kinder morgan energy prtnrs (KM7) Snapshot

Open
€58.70
Previous Close
€59.20
Day High
€59.39
Day Low
€58.70
52 Week High
07/15/13 - €68.36
52 Week Low
03/20/14 - €51.05
Market Cap
27.2B
Average Volume 10 Days
102.9
EPS TTM
--
Shares Outstanding
320.9M
EX-Date
04/28/14
P/E TM
--
Dividend
€5.43
Dividend Yield
6.66%
Current Stock Chart for KINDER MORGAN ENERGY PRTNRS (KM7)

kinder morgan energy prtnrs (KM7) Details

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. Its Products Pipelines segment delivers gasoline, diesel fuel, jet fuel, and natural gas liquids to various markets through approximately 8,600 miles of refined petroleum products pipelines; and operates 62 associated product terminals and petroleum pipeline transmix processing facilities. The company’s Natural Gas Pipelines segment gathers, transports, stores, treats, processes, and sells natural gas through approximately 33,000 miles of natural gas transmission pipelines and gathering lines, as well as natural gas storage, treating, and processing facilities. Its CO2 segment produces, markets, and transports carbon dioxide through approximately 1,500 miles of pipelines to oil fields. This segment also owns and operates 7 oil fields, and a 450 mile crude oil pipeline system in west Texas. The company’s Terminals segment transloads, stores, and delivers bulk, petroleum, petrochemical, and other liquids products through approximately 113 liquids and bulk terminal facilities; and approximately 35 rail transloading and materials handling facilities. Its Kinder Morgan Canada segment transports crude oil and refined petroleum products through approximately 2,500 miles of pipelines from Alberta, Canada to marketing terminals and refineries in British Columbia, the state of Washington, and the Rocky Mountains, as well as in the central regions of the United States. This segment also operates the Jet Fuel aviation turbine fuel pipeline that serves the Vancouver (Canada) International Airport. Kinder Morgan G.P., Inc. serves as the general partner of the company. Kinder Morgan Energy Partners, L.P. was founded in 1992 and is headquartered in Houston, Texas. Kinder Morgan Energy Partners, L.P. operates as a subsidiary of Kinder Morgan, Inc.

Founded in 1992

kinder morgan energy prtnrs (KM7) Top Compensated Officers

Chairman of Kinder Morgan GP Inc and Chief Ex...
Total Annual Compensation: $1.0
President of Kinder Morgan Gp Inc, Chief Oper...
Total Annual Compensation: $150.0K
Chief Financial Officer of Kinder Morgan GP I...
Total Annual Compensation: $319.2K
Vice President of Kinder Morgan GP Inc and Pr...
Total Annual Compensation: $319.2K
President of Terminals of Kinder Morgan Gp In...
Total Annual Compensation: $305.6K
Compensation as of Fiscal Year 2013.

kinder morgan energy prtnrs (KM7) Key Developments

Kinder Morgan Energy Partners, L.P. Expands Contract with General Dynamics NASSCO to Build Additional Product Tanker for Growing Fleet

Kinder Morgan Energy Partners, L.P. announced that it has expanded its contract with General Dynamics NASSCO for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product tanker with a 330,000-barrel cargo capacity. Construction is scheduled to begin in the fourth quarter of 2015 with delivery slated for the second quarter of 2017. This new tanker will be constructed as a sister tanker to the four Jones Act tankers KMP currently has under construction at the NASSCO shipyard in San Diego.

Kinder Morgan Energy Partners, L.P. to Build Additional Product Tanker for Growing Fleet

Kinder Morgan Energy Partners, L.P. announced it has expanded its contract with General Dynamics NASSCO for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product tanker with a 330,000-barrel cargo capacity. Construction is scheduled to begin in the fourth quarter of 2015 with delivery slated for the second quarter of 2017. This new tanker will be constructed as a sister tanker to the four Jones Act tankers KMP currently has under construction at the NASSCO shipyard in San Diego.

Kinder Morgan Set to Expand CO(2) Footprint in Southwestern Colorado and New Mexico

Kinder Morgan Energy Partners, L.P. announced it will invest approximately $671 million to grow its carbon dioxide (CO(2)) infrastructure in southwestern Colorado and New Mexico. The company plans to expand its CO(2) production operations in the Cow Canyon area of the McElmo Dome source field in Montezuma County, Colo., and expand the approximately 500-mile Cortez Pipeline that transports CO(2) from southwestern Colorado to eastern New Mexico and West Texas for use in enhanced oil recovery (EOR) projects. Capital expenditures for the Cow Canyon development are estimated at approximately $344 million and will increase CO(2) production in the McElmo Dome source field by 200 million cubic feet per day (MMcf/d). The plan includes on-going 3-D seismic acquisition, 16 new wells, activation of one production well and one produced water disposal well, water separation facilities, one central compressor station, and associated gathering and produced water disposal pipelines. Pending regulatory approvals, the company anticipates that 100 MMcf/d of CO(2) from the Cow Canyon development will come online by July 2015, with the remaining 100 MMcf/d expected to be in service by the end of 2015. Capital expenditures for the Cortez Pipeline expansion are estimated at approximately $327 million and will increase the pipeline's capacity from 1.35 billion cubic feet per day (Bcf/d) to 2 Bcf/d by adding a 64-mile loop in New Mexico and three new pump stations, one in Colorado and two in New Mexico; and modifying five existing pump stations, one in Colorado, three in New Mexico, and one in Texas. This expansion will accommodate the increased CO(2) supply from the McElmo Dome field, the recently announced St. Johns source field, and other sources in southwestern Colorado. Kinder Morgan owns a 50% interest in and operates the Cortez Pipeline. Pending regulatory approvals, the northern portion of the Cortez Pipeline expansion is expected to be completed by July 2015 to handle the additional volumes from Cow Canyon, while the southern portion is expected to be complete by mid 2016 to handle the additional 300 MMcf/d of CO(2) expected from the company's St. Johns CO(2) source field.

 

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Industry Analysis

KM7

Industry Average

Valuation KM7 Industry Range
Price/Earnings 23.3x
Price/Sales 2.7x
Price/Book 2.6x
Price/Cash Flow 7.7x
TEV/Sales 0.8x
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