Kinder Morgan Bets on Massive Pipeline Demand in Marcellus, Utica Shales After Upbeat Second-Quarter 2014
SUGAR LAND--July 18, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy pipeline transportation and storage company Kinder Morgan Energy Partners LP (NYSE:KMP) (KMP) (Houston, Texas), whose general partner is owned by Kinder Morgan Incorporated (NYSE:KMI) (KMI) (Houston), reported solid revenue growth in the second quarter of 2014, as booming pipeline business in the Marcellus and Utica shales, as well as expanded oil and gas activity in the Permian Basin and Eagle Ford Shale, strengthened the company's backlog. Industrial Info is tracking almost $26 billion in projects involving Kinder Morgan and its entities.
Within this article: Details on Kinder Morgan's quarter and ongoing projects, including the construction of a liquefied natural gas (LNG) liquefaction plant in Savannah, Georgia.
