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    News and Articles on Kinder Morgan (KMR)


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    Nebraska Ethanol Plant Fire Produces Lawsuit  Nov 21, 2009
    On Thursday, an attorney for Cornhusker Energy filed a federal lawsuit against pipeline operator Kinder Morgan Interstate Gas Transmission. The lawsuit alleges the explosion was caused by a buildup of moisture in the gas provided by Kinder Morgan ... A Kinder Morgan spokesman said attorneys haven't been served with the lawsuit, but based on what they know it, believe it to be without merit. (ABC News -- Wire)

    Utility: Rate hike could shrink  Nov 20, 2009
    Kinder Morgan Interstate Gas. Questar Gas Management Co.. (Casper Star-Tribune, WY)

    $7B Rockies Express gas pipeline completed  Nov 17, 2009
    Kinder Morgan owns 50 percent of the pipeline, with the pipeline unit of San Diego-based (NYSE: SRE) owning an additional 25 percent and owning the remaining 25 percent ... 1 million homes, according to Kinder Morgan. (Denver Business Journal, CO)

    Kinder, Copano to build pipeline  Nov 14, 2009
    Kinder Morgan, Copano to build pipeline - Houston Business Journal ... Kinder Morgan, Copano to build pipeline ... In the first phase, Kinder Morgan (NYSE: KMP) and Copano (NASDAQ: CPNO) will construct a 22-mile natural gas gathering pipeline and will enter into new commercial arrangements with both companies. (Houston Business Journal, TX)

    City Settles Fuel Contamination Lawsuit  Nov 10, 2009
    The lawsuit, filed in San Diego Superior Court in July 2008, named BNSF Railway Co., Shell Oil Company, Chevron Oil, Exxon Mobil Oil Corp. and Kinder Morgan Energy Partners. It alleged that the city incurred millions of dollars in costs to remove the contaminated soil and treat the groundwater before it could proceed with the sewer pump station project, according to the City Attorney's Office. (TheSanDiegoChannel.com, CA)

    Soaring ND oil production to get another boost  Nov 9, 2009
    More expansion being planned by the pipeline companies Enbridge Inc. and Kinder Morgan Energy Partners LP would allow another boost that could put the state's daily production at 400,000 barrels, Helms said. "Realistically, we could reach the ceiling within five years," he said. (Montana Standard, MT)

    GMX Resources Inc. Reports Third Quarter 2009 Financial and Operating Results and Guidance  Nov 6, 2009
    In addition to the common stock and convertible notes offerings in October 2009, on November 2, 2009, the Company received $36 million in proceeds from Kinder Morgan Endeavor LLC from the sale of a 40% interest in Endeavor Gathering LLC, a new entity formed to hold all of the Company's midstream assets. The proceeds from this sale will be used for general corporate purposes which includes the use of a second operated H&P FlexRig3 (TM) on the Company's acreage in Harrison and Panola counties in... (Primezone Releases)

    GMXR Announces Closing of Midstream Transaction With Kinder Morgan  Nov 3, 2009
    OKLAHOMA CITY, Nov. 2, 2009 (GLOBE NEWSWIRE) -- GMX Resources Inc. (Nasdaq: - ) (please visit to view the latest corporate presentation) and Kinder Morgan Energy Partners, L.P. (NYSE: - ) today announced that the two companies have closed their previously announced transaction in which GMXR and its wholly owned subsidiary, Endeavor Pipeline Inc., have transferred mid-stream gas gathering, compression, and related equipment to a newly formed Endeavor Gathering LLC, and an affiliate of Kinder... (Primezone Releases)

    Whiting Petroleum: Warming Up or Cooling Off?  Nov 3, 2009
    Kinder Morgan Management, LLC(NYSE: KMR). This Quarter (10/30/2009). (MSNBC -- Business)

    City flubs grant fund use (268)  Oct 29, 2009
    Nichols sent out two checks amounting to more than 12,000 to reimburse the U.S. Fish and Wildlife Service, and Kinder Morgan SFPP, L.P. ... 68 to the U.S. Fish and Wildlife Service, and a separate 5,000 check to Kinder Morgan. (Benson San Pedro Valley News Sun, AZ)

    GMX Resources Inc. Announces Signing of Definitive Purchase Agreement for Midstream Transaction with Kinder Morgan and Activation of Second Haynesville/Bossier Shale Horizontal Drilling Rig  Oct 17, 2009
    OKLAHOMA CITY, Oct. 16, 2009 (GLOBE NEWSWIRE) -- GMX Resources Inc. (Nasdaq: - ) (please visit to view the latest corporate presentation) and Kinder Morgan Energy Partners, L.P. ("Kinder Morgan") today announced that the two companies have signed a definitive purchase agreement in which GMXR will sell a 40% interest in its gas gathering and compression business to Kinder Morgan for $36 million ... "The Kinder Morgan transaction provides the financial capacity for GMXR to add a second rig to the... (Primezone Releases)

    GMX Resources Inc. to Present At IPAA's OGIS San Francisco Conference and Announces Estimated Third Quarter 2009 Production and Operational Update  Sep 30, 2009
    The Company and Kinder Morgan are continuing the due diligence process related to the previously announced pipeline transaction, expectations of closing soon. GMXR is a 'Pure Play', E & P Company with one of the most leveraged Haynesville / Bossier Horizontal Shale Operations in East Texas. (Primezone Releases)

    KMP Oregon pipes in first biodiesel  Sep 23, 2009
    Though tested, biodiesel has not been approved for commercial aircraft, so Kinder Morgan (NYSE: KMP) and other pipeline companies can t risk contaminating jet fuel shipments with biodiesel ... In June in Florida, Kinder Morgan and made the first pipeline shipment of commercial biodiesel in the U.S.. (Houston Business Journal, TX)

    Costless Collars: A Poor Hedge for Utility Customers  Sep 21, 2009
    As the Risk Manager for the Kinder Morgan Inc.'s Retail Division, I witnessed the market pricing of costless collars first hand from 2001 through 2007 ... They recommended that Kinder Morgan Retail institute a hedging program using these structures ... In the fall of 2001, Kinder Morgan Retail obliged the CPUC staff and hedged a percentage of the winter natural gas purchase requirements using costless collars. (Energy Pulse, CO)

    4-Star Stocks Poised to Pop: Kinder Morgan Energy  Sep 4, 2009
    Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, energy transportation and storage company Kinder Morgan Energy Partners (NYSE: KMP) has earned a respected four-star ranking ... 6% of the 1,055 members who have rated Kinder Morgan believe the stock will outperform the S&P 500 going forward ... New natural gas shale deposits will require new pipelines to get that product to the market, and that is exactly what... (MSNBC -- Business)

    Dealers scrambling for gas  Sep 1, 2009
    Kinder Morgan, the pipeline operator, moved the Phoenix gas into its terminal on Tucson's South Side ... The line from El Paso was temporarily stopped during that time, but truckers were still able to get the supply, said Kinder Morgan spokesman Rick Rainey ... Truckers in line at Kinder Morgan's terminal Tuesday saw things differently. (FOX 11, AZ)

    KMP to buy Crosstex assets  Sep 1, 2009
    Kinder Morgan to buy Crosstex assets - Houston Business Journal ... Kinder Morgan to buy Crosstex assets ... Kinder Morgan (NYSE: KMP) expects the acquisition to show a profit by the fourth quarter. (Houston Business Journal, TX)

    PINE BLUFF-JEFFERSON COUNTY PORT AUTHORITY VOICES OBJECTION TO LOCKAGE FEES  Aug 15, 2009
    Mike Murphy, Pine Bluff terminal manager for Kinder Morgan, said barge operators he has been in contact with are largely opposed to the idea. Number one, there is already a system in place that is well-audited, he said. (Pine Bluff Commercial, AR)

    County board won’t allow pipeline  Aug 13, 2009
    That;s what the Bureau County Board told Kinder Morgan Cochin, LLC, a Texas-based firm who asked the board Tuesday for a permit to build an above-ground petroleum transfer station less than 500 feet from two homes on 2750 East Street in rural LaMoille ... According to KMC project supervisor Joe Mach, Kinder Morgan is a common carrier who services 35,000 miles of pipeline throughout North America ... But Wilkin showed board members statistics which he said suggest Kinder Morgan has a spotty... (Princeton Bureau County Republican, IL)

    Robust Market For Natural Gas Powers Investments In MLPs  Aug 12, 2009
    The three largest companies in the group are TransCanada (TRP), Kinder Morgan Energy (KMP) and Enbridge (ENB). They hold an average EPS rating of 57 and their stock prices climbed. (Investors Business Daily)

    Grant revives hope for dock  Aug 4, 2009
    Winona s Port Authority in June scrapped a plan to partner with a Texas freight company to build the dock after the company, Kinder Morgan Terminals, said it couldn t finance the project ... Port Authority leaders were disappointed at the collapse of the Kinder Morgan dock proposal, which they said would have increased the volume and variety of commodities at Winona s Mississippi River port. (Winona Daily News, MN)

    GMX Resources Inc. Announces Letter of Intent With Kinder Morgan for Interest in Pipeline; Reports Second Quarter 2009 Financial and Operating Results and Guidance; and Announces Resolution of SEC Comment Letter  Aug 4, 2009
    GMXR announced today it has signed a non-binding Letter of Intent to sell an interest in its Endeavor Pipeline assets to Kinder Morgan Tejas Pipeline LLC for $40 million ... Ken L. Kenworthy, Chief Executive Officer, said "The second quarter was incredibly active for the Company. The entire company from Oklahoma City, Oklahoma to Harrison County, Texas performed to its highest level under very adverse economic and market conditions. In addition to the drilling and completion of four Haynesville... (Primezone Releases)

    Injured Smith Co. pipeline workers in good condition  Jul 18, 2009
    Midcontinent Express is owned by Kinder Morgan of Houston, Texas. The $1. (The Clarion-Ledger)

    ONEOK Announces Kneale's Retirement and Other Leadership Changes  Jul 17, 2009
    "His many contributions, excellent judgment and wise counsel - in a variety of leadership positions of increasing responsibility, including chief financial officer and his current role - have served our company, shareholders and employees well. We will miss his daily presence at the company but wish him well in his retirement. "We are fortunate to have so many talented leaders to move into different roles, further expanding their experience and capabilities and preparing them for future... (PR Newswire)

    Explosion kills 1, critically injures 3  Jul 16, 2009
    Energy company Kinder Morgan owns the pipeline. "A pressure test was being conducted by a third-party contractor when it failed," Kinder Morgan spokesman Joe Hollier said ... Kinder Morgan has had safety problems with its pipelines in the past. (The Clarion-Ledger)

    Knight changes back to Kinder Morgan  Jul 16, 2009
    Kinder Morgan owns the general partner and significant limited partner interests in Kinder Morgan Energy Partners LP (NYSE: KMP). It also operates or owns an interest in more than 35,000 miles of pipelines that transport products such as natural gas, gasoline, crude oil and carbon dioxide. (Houston Business Journal, TX)

    Public Service Company of Colorado Advocates a Resource Selection Process that Places Ratepayers at Risk by Favoring Fossil-Fuel Resources Over Renewables  Jun 25, 2009
    "The 1,678-mile Rockies Express (REX) project will provide valuable infrastructure allowing producers in the Rocky Mountain region to realize full value for their commodity by giving them the ability to deliver natural gas to attractive markets in the Midwest and eastern parts of the country [with] 1.8 billion cubic feet per day (Bcf/d) of available capacity." Kinder Morgan, Natural Gas Pipelines Rockies Express Pipeline, http://www. kindermorgan. (Energy Pulse, CO)

    Kinder Morgan pipeline up, running  Jun 24, 2009
    Kinder Morgan Louisiana pipeline up and running - Houston Business Journal ... Kinder Morgan Louisiana pipeline up and running ... This is the first of three large natural gas pipeline projects that we expect to complete this year, said Steve Kean, president of Kinder Morgan s Natural Gas Pipelines group. (Houston Business Journal, TX)

    Kinder Morgan acquires Megafleet Towing  May 22, 2009
    Houston-based Kinder Morgan (NYSE: KMP) will rename Megafleet Kinder Morgan Ship Channel Services. The $18 million deal includes nine tugs and an area adjacent to to Kinder Morgan s bulk terminal facilities on the Houston Ship Channel ... We are adding an experienced marine management team, approximately 70 employees and strong boat assets that will enable us to expand the services that we offer our terminal customers along the Houston Ship Channel, Jeff Armstrong, president of Kinder Morgan... (Houston Business Journal, TX)

    Babcock & Brown Infrastructure Fund North America Now Independent as SteelRiver Infrastructure Fund Following Buyout From Babcock & Brown.  May 18, 2009
    The Fund is the managing member of a consortium that owns a controlling interest (80%) in Natural Gas Pipeline of America (NGPL), one of the largest US natural gas pipelines and storage systems, and has partnered with Knight Inc. (formerly Kinder Morgan), which is a 20% shareholder of NGPL and serves as the asset operator. In July 2008 the Fund also entered into a definitive agreement with Dominion Resources, Inc. to acquire The Peoples Natural Gas Company and Hope Gas, Inc. natural gas... (PR Newswire)

    Ultra Petroleum Reports First Quarter 2009 Financial and Operating Results, Updates 2010 and 2011 Hedges  May 6, 2009
    Kinder Morgan recently reaffirmed that Ultra Petroleum will have access to REX-East in a series of three phases. The interim service for REX-East has been delayed based on the fact that the Wabash River in Indiana has remained above flood levels since early April. (PR Newswire)

    Hewlett-Packard, Kinder Morgan Energy, Xylinx: U.S. Equity Market Preview  Apr 16, 2009
    Hewlett-Packard, Kinder Morgan, Xilinx: U.S. Equity Preview - Bloomberg ... Hewlett-Packard, Kinder Morgan, Xilinx: U.S. Equity Preview. (Bloomberg -- US)

    Valley gas prices drive up, but unlikely as high as last year  Apr 11, 2009
    Pipeline owner Kinder Morgan spokeswoman Emily Thompson said that although ample supply is flowing to Fresno, the company plans to increase the line's capacity by 10,000 barrels a day by adding more powerful pumps to push the fuel through. The changes are due to increased demand and should be finished by June, she said. (Fresno Bee -- Business)

    Enhanced Oil Recovery: How to Make Money from Carbon Capture and Storage Today  Apr 10, 2009
    For 36 years, oil services companies like Denbury Resources and Kinder Morgan have piped from naturally occurring reservoirs in Colorado to the declining oil fields of the Permian Basin in West Texas ... 8 trillion cubic feet of the since the 1970s, according to petroleum engineer R. Tim Bradley, Kinder Morgan's president of CO2, to raise the yield from oil fields by some 650,000 extra barrels a day more than 10 percent of daily U.S. total production ... In fact, Kinder Morgan's Bradley... (Scientific American)

    5-Star Stocks Poised to Pop: ONEOK Partners  Apr 1, 2009
    Kinder Morgan (NYSE: KMP)Enbridge Energy Partners (NYSE: EEP). CAPS members bullish on OKS also bullish on. (MSNBC -- Business)

    Oil patch lobby pushes Asian alternative  Mar 18, 2009
    Still, both Kinder Morgan Canada and Enbridge Inc. have pushed for West Coast crude pipelines that could serve Chinese and other Asian markets. Kinder Morgan runs the Trans Mountain system, whose 300,000 barrel-per-day capacity is the only existing Canadian oil connection between Alberta and the Pacific ... Neither Kinder Morgan nor Enbridge has held an open season to sign contracts with shippers for those expansions, although a Kinder Morgan spokesman said producer interest has been rising, and... (Globe and Mail)

    Spotless Selects Trintech to Manage Reconciliations and Reduce Operational Risk  Mar 16, 2009
    Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM. Brands Restaurants. (PR Newswire)

    Tailgate party helps community  Feb 19, 2009
    All Property Brokers, Budweiser-Casper Beverage, Cameron, Compression Leasing, Cost Plus Appliance & Design Center, Crescent Drilling, Double D Welding & Fabrication, Edgeworth Realty/Martensen, EEI/Cameron, Exterran, Falcon Pump, First Interstate Bank, FMC Technologies, Greiner Ford Lincoln Mercury, Halliburton, Hilltop National Bank, Homax Oil Sales, Hunting Energy Services, Industrial Screen & Maintenance, J.W. Williams, Kathy Osborne/Trademark, Key Energy, Kinder Morgan, MI SWACO, MARMC... (Casper Star-Tribune, WY)

    Train derails from SoCal tracks  Feb 16, 2009
    Officials with Kinder Morgan Inc., an energy company, temporarily shut down a fuel-transport pipeline it operates adjacent to the tracks as a precaution, San Bernardino fire spokesman Steve Tracy said. Information from: The Sun, http://www. (Fresno Bee -- State)

    U.S. SUGAR EXPANDS FOR RAIL ACCESS  Feb 13, 2009
    Mike Murphy, terminal manager for Kinder Morgan, pointed out that commodity tonnage at the Harbor Industrial District Public Terminal has been on the decline since 2000. In 2000, the last time we had a recession, the numbers look similar to this year, Port Authority Chairman David Bush said. (Pine Bluff Commercial, AR)



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