Low Oil & Gas Prices Offset Kinder Morgan's 2014 Growth in Marcellus, Utica, Eagle Ford Shales
Low Oil & Gas Prices Offset Kinder Morgan's 2014 Growth in Marcellus, Utica, Eagle Ford Shales
SUGAR LAND--January 23, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy pipeline transportation and storage company Kinder Morgan Incorporated (NYSE:KMI) (Houston) took a hit from low oil and gas prices in 2014, despite production growth. The Natural Gas Pipelines segment continues to benefit from rising demand in the Marcellus, Utica and Eagle Ford shales, and now moves about one-third of all natural gas consumed in the U.S. Industrial Info is tracking $23.86 billion in active projects involving Kinder Morgan.
Within this article: Details on Kinder Morgan's quarter and projects, including the construction of a liquefied natural gas (LNG) liquefaction plant in Georgia.
Other companies featured: Chicago Bridge & Iron Company (NYSE:CBI)
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