HOUSTON--(BUSINESS WIRE)--Kinder Morgan announced its plans to purchase a natural gas gathering & processing system in ND from Outrigger Energy II LLC for $640 million.
The S&P 500 is just a few percentage points off a record high, sports a relatively expensive valuation, and is coming off back-to-back years of massive gains. But many energy stocks have inexpensive
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Kinder Morgan (KMI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
KMI generates stable fee-based revenues from its vast network of midstream infrastructure. However, a slowdown in drilling activities might affect it.
KMI has shut down two fuel pipelines in Los Angeles due to power outages caused by wildfires, disrupting fuel supply to Phoenix, Las Vegas and San Diego.
Kinder Morgan Inc said two of its fuel pipelines, SFPP West and CALNEV, have been shut down since Jan. 8 due to power outages in Southern California.

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Kinder Morgan (KMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The latest trading day saw Kinder Morgan (KMI) settling at $27.83, representing a -1.56% change from its previous close.

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Kinder Morgan sanctions significant expansion capital, totaling $3.1 billion, toward two major projects, the SNG South System 4 Expansion and TGP's Mississippi Crossing Project.
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