Kinder Morgan Inc is a public company that transports various energy products through its network of pipeline and terminals.
The pipeline ships gasoline, natural gas, crude oil, carbon dioxide, petroleum products, vegetable oils, renewable fuels, chemicals, and other products. The company claims to operate through a pipeline system of 83,000 miles and over 144 terminals.
The energy infrastructure firm is listed on the New York Stock Exchange, with stocks trading under ‘KMI’ symbol.
The company was initially founded as Kinder Morgan Energy Partners (KMP) in 1997, when some investors purchased from Enron Liquids Pipeline, a general partnership interest.
The firm’s transportation network has access to natural gas consumers in Texas, southeastern, Midwest, western, and northeast regions. Under its products pipeline segment, the company operates and owns crude oil, refined petroleum products that transports diesel, crude oil, gasoline, jet fuel and condensates.
Initially known as Kinder Morgan Energy Partners, the firm was rebranded to Kinder Morgan, Inc in 1999.
The energy infrastructure company helps move oil and gas across different geographies. The firm is domiciled in Houston, Texas.
It primarily serves the customers in the United States and Canada and provide services like pipeline transport and oil storage.
The energy infrastructure firm claims to have an extensive inventory that includes ancillary equipment like coolers, NGL storage tanks and separators. It reportedly focuses on providing optimal solutions for hydrocarbons. It claims to provide storage services and energy transportation in an efficient, safe, and responsible environment
At present, the energy infrastructure firm owns 50 per cent of shares and operates natural gas pipeline network.
The American firm operates through various subsidiaries, namely Ruby Pipelines LLC, Trans Mountain Pipeline LP, Southern Natural Gas, SFPP LP, Scissors Tail Energy LLC, Double Eagle Pipeline LLC, Copano Energy, River Consulting LLC, Cortez Pipeline Company, Cantera Gas Company LLC.
The company claims to focus on Environment, Social and Government principles.