Kinder Morgan Slices $500 Million from 2016 Capital Budget, Keeps Profits Steady
Kinder Morgan Slices $500 Million from 2016 Capital Budget, Keeps Profits Steady
SUGAR LAND--July 25, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Last week, Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) reported that its growth capital forecast for 2016 is approximately $2.8 billion, a reduction of $500 million from its previous budget of $3.3 billion. Nevertheless, the North American energy infrastructure company continues moving onward with large-scale capital and planned maintenance projects.
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- Trans Mountain Pipeline, Enbridge, Aramco: Your Daily Energy News
- Trans Mountain Pipeline, U.S. Crude Oil Stocks: Your Daily Energy News
- Trans Mountain Pipeline Project Gets Green Light for Route Change
- U.S. LNG Exports, Trans Mountain Pipeline Expansion: Your Daily Energy New...
- Constellation Energy, Equinor, Trans Mountain: Your Daily Energy News