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News Breaks
November 14, 2012
12:01 EDTKMP, KMIEl Paso Natural Gas signs long-term contract to build new pipeline
El Paso Natural Gas, owned by Kinder Morgan Energy (KMP) and Kinder Morgan (KMI), has entered into a 25-year transportation precedent agreement in connection with plans to build a new pipeline to serve customers in Mexico. Terms call for EPNG, acting through its affiliate Sasabe Pipeline Company, to initially provide approximately 200M cubic feet per day of firm transportation capacity via a new, 60-mile, 36-inch diameter lateral pipeline that would extend from EPNG's existing south mainlines, near Tucson, Ariz., to the U.S.-Mexico border, terminating at Sasabe, Ariz. The proposed Sasabe Pipeline would interconnect via a new international border crossing with a 36-inch diameter natural gas pipeline to be built in Mexico. It is anticipated that FERC certificate and presidential permit applications will be filed in early 2013. Subject to regulatory approvals, construction of the Sasabe Lateral would begin in the first quarter of 2014, with anticipated in-service in September 2014.
News For KMP;KMI From The Last 14 Days
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July 28, 2014
16:00 EDTKMIOptions Update; July 28, 2014
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July 18, 2014
12:36 EDTKMPPlug Power said to be on list of companies probed by SEC, Probes Reporter says
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July 16, 2014
18:26 EDTKMPOn The Fly: After Hours Movers
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17:00 EDTKMPKinder Morgan Energy reports Q2 EPS ex-items 49c, consensus 55c
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16:56 EDTKMIKinder Morgan reports Q2 EPS 27c, consensus 29c
Reports Q2 revenue $3.94M, consensus $3.78B.
16:14 EDTKMPKinder Morgan Energy increases quarterly dividend by 5% to $1.39
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16:12 EDTKMIKinder Morgan increases quarterly dividend by 8% to 43c
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15:27 EDTKMINotable companies reporting after market close
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