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Stock Market & Financial Investment News

News Breaks
March 1, 2013
10:47 EDTKMR, KMP, EPB, KMIKinder Morgan Energy increases ownership stake in El Paso Natural Gas pipeline
Kinder Morgan Energy Partners (KMP has completed the previously announced acquisition of 50% of El Paso Natural Gas Company, L.L.C. and 50% of former El Paso Midstream assets in Utah and South Texas from Kinder Morgan, Inc. (KMI). The transaction has a total value of approximately $1.655B, including approximately $560M of proportional debt at EPNG. The transaction is expected to be immediately accretive to cash available for distribution to KMP unitholders. KMP now owns 100% of both EPNG and the midstream assets. The transaction, which closed and is effective March 1, was approved by the independent boards of both KMI and Kinder Morgan Management, L.L.C. (KMR).
News For KMP;KMI;EPB;KMR From The Last 14 Days
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August 27, 2015
07:57 EDTKMIPlatts to hold a conference
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August 25, 2015
12:08 EDTKMIOptions with increasing volume: EXC POM MDLZ EWJ WBA MW F KMI
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August 17, 2015
16:53 EDTKMIOn The Fly: Top stock stories for Monday
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07:23 EDTKMISpectra making bid for whole of Williams Companies, Reuters reports
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