Kinder Morgan said fires weren’t directly disrupting operations, but outages forced a line serving Arizona to shut down. Service has been restored.
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. The 515-mile SFPP West pipeline transports fuel from the Los Angeles Basin to Colton,
Kinder Morgan Inc said two of its Los Angeles fuel pipelines returned to service on Friday, after being shut down since Jan. 8 due to power outages caused by the most destructive wildfires in the city's history.
Kinder Morgan (NYSE:KMI) said late Thursday it has shut down two of its pipelines, SFPP West and CALNEV, due to power outages linked to the wildfires now raging in southern California. The company said the pipelines are not directly impacted by the fires,
HOUSTON (AP) — HOUSTON (AP) — Kinder Morgan Inc. (KMI) on Wednesday reported fourth-quarter net income of $667 million. On a per-share basis, the Houston-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, came to 32 cents per share.
Fuel pipelines serving Arizona reopened Friday morning after a two-day shutdown because of wildfire-driven power outages in Southern California. Houston-based Kinder Morgan said the fires weren ...
Kinder Morgan earnings and revenue slightly missed Q4 views late Wednesday, but the natgas pipeline operator sees strong AI and cryptocurrency demand.
The energy midstream giant reported mixed fourth-quarter results, with strong year-over-year growth overshadowed by misses on the top and bottom lines.
The stock's fall snapped a six-day winning streak.
Energy Transfer had an excellent 2024. The MLP expected to generate between $15.3 billion and $15.5 billion of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) last year. That's a 12% increase from 2023 at the midpoint.
U.S. pipeline operator Kinder Morgan said on Wednesday it remains bullish on growth in demand for natural gas driven by AI and data centers, even as it narrowly missed Wall Street's expectations for quarterly profit.
(Reuters) - Kinder Morgan fell short of Wall Street's expectations on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condesate transported through its pipelines.