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Stock Market & Financial Investment News

News Breaks
February 21, 2013
09:21 EDTKMPKinder Morgan Energy Partners 4M share Secondary priced at $86.35
Morgan Stanley, Citigroup and Wells Fargo acted as joint book running managers for the offering.
News For KMP From The Last 14 Days
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May 16, 2013
16:21 EDTKMPKinder Morgan's Tennessee Gas, Mitsubishi Corp sign transportation agreement
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May 14, 2013
07:16 EDTKMPCitigroup to host a conference
2013 Global Energy & Utilities Conference is being held in Boston on May 14-16.
May 13, 2013
16:57 EDTKMPKinder Morgan raises FY13 dividend to $1.60 per share from $1.57 per share
Kinder Morgan announced an increase in its projections for Kinder Morgan (KMI) and Kinder Morgan Energy Partners (KMP) primarily based on projected contributions from the Copano Energy acquisition, which closed on May 1. KMI now expects to declare dividends of $1.60 per share up from its published annual budget of $1.57 per share, which represents an increase of approximately 14% over its 2012 declared distribution of $1.40 per share. KMP now expects to declare cash distributions of $5.33 per unit, up from its 2013 published annual budget of $5.28 per unit, which represents a 7% increase over its 2012 declared distribution of $4.98 per unit.
14:02 EDTKMPKinder Morgan Energy announces land purchase in Texas
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