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Stock Market & Financial Investment News

News Breaks
August 5, 2014
11:01 EDTKMPKinder Morgan Energy to invest $54M to expand curde and condensate system
Kinder Morgan Energy announced it will invest approximately $54M to build an interconnect and other facilities for its Kinder Morgan Crude and Condensate pipeline after entering into a long-term transportation agreement with Republic Midstream Marketing. Republic will construct a gathering pipeline from Lavaca County, Texas, to the new interconnection at KMPís DeWitt Station, near Cuero, Texas. In addition to the interconnection, KMP will build two storage tanks, truck offloading racks and related facilities. The project is expected to come online in June 2015.
News For KMP From The Last 14 Days
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November 26, 2014
16:07 EDTKMPKinder Morgan closes merger transaction
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November 20, 2014
13:04 EDTKMPKinder Morgan announces shareholder approval of merger transactions
Kinder Morgan (KMI) announced that at special meetings held by each of KMI, Kinder Morgan Energy Partners (KMP), Kinder Morgan Management (KMR) and El Paso Pipeline Partners (EPB), unitholders and shareholders approved all proposals related to the merger transactions previously announced on Aug. 10. More than 95% of the votes cast at the special meeting of each company were voted in favor of the proposals related to the merger transactions. The deadline for KMP and EPB unitholders to elect the form of consideration they wish to receive in each of KMPís and EPBís pending mergers with KMI is 5:00 p.m. ET on Nov. 24, 2014. The election deadline may be extended, in which case KMI will issue a press release announcing the new election deadline. The closing of each merger is expected to occur on Nov. 26, 2014. Accordingly, it is expected that Nov. 26 will be the last trading day for KMP and EPB units as well as KMR shares.
09:43 EDTKMPKinder Morgan to host special shareholder meeting
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November 17, 2014
07:33 EDTKMPMatrix Service awarded EPC contract by Kinder Morgan Energy
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November 14, 2014
07:05 EDTKMPKinder Morgan says expected closing date of merger Nov. 24
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