Kinder Morgan said fires weren’t directly disrupting operations, but outages forced a line serving Arizona to shut down. Service has been restored.
Kinder Morgan Inc said two of its fuel pipelines, SFPP West and CALNEV, have been shut down since Jan. 8 due to power outages in Southern California. The 515-mile SFPP West pipeline transports fuel from the Los Angeles Basin to Colton,
Kinder Morgan Inc said two of its Los Angeles fuel pipelines returned to service on Friday, after being shut down since Jan. 8 due to power outages caused by the most destructive wildfires in the city's history.
Kinder Morgan (NYSE:KMI) said late Thursday it has shut down two of its pipelines, SFPP West and CALNEV, due to power outages linked to the wildfires now raging in southern California. The company said the pipelines are not directly impacted by the fires,
Kinder Morgan 's ( KMI 1.10%) main growth drivers in recent years have been its organic expansion projects. The natural gas pipeline giant has completed billions of dollars in projects and has more in the works. They've helped give it the fuel to increase its 4%-yielding dividend, which management has hiked for seven straight years.
Kinder Morgan forecasts 2025 adjusted EPS of $1.27 and EBITDA of $8.3 billion, driven by natural gas operations. Find out why I think KMI stock remains a buy.
Pipeline operator Kinder Morgan Inc said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to power outages, as the most destructive wildfires in the city's history continued to burn uncontained on Thursday.
Fuel pipelines serving Arizona reopened Friday morning after a two-day shutdown because of wildfire-driven power outages in Southern California. Houston-based Kinder Morgan said the fires weren ...
Overall, Kinder Morgan is an excellent stock for the near to medium term but not necessarily one to firmly commit to buying for life. Investors' long-term assumptions about its earnings and cash flow will change as sentiment changes about the gas industry.
Kinder Morgan Inc. (NYSE:KMI) shares soared to a 52-week high of $30.24, reflecting a remarkable year of performance for the energy infrastructure company. Investors have witnessed a substantial appreciation in value,
Securities adjusted its outlook on Kinder Morgan (NYSE:NYSE:KMI) shares, raising the price target to $33 from the previous $31 while reiterating an Outperform rating. The revision comes in response to Kinder Morgan's performance and growth prospects,
Shares of Kinder Morgan Inc. KMI rose 2.11% to $30.06 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 5,937.34 and Dow Jones Industrial Average DJIA falling 0.