Kinder Morgan Looks to Brighter Future with Upbeat Prospects in Canada, Gulf Coast
Kinder Morgan Looks to Brighter Future with Upbeat Prospects in Canada, Gulf Coast
SUGAR LAND--January 20, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream energy company Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) saw a decline in revenues as its pipelines transported less oil and gas in fourth-quarter 2016. But executives at the company are optimistic about the near term, as write-downs and impairment charges have sharply declined, offsetting much of the negative effects in earnings, and a high-profile project in Canada recently cleared its last regulatory hurdle. Industrial Info is tracking $22.89 billion in active projects involving Kinder Morgan.
Within this article: Details on Kinder Morgan's quarter and some of the company's highest-valued projects, including the Trans Mountain expansion project and the Utica Marcellus Texas Pipeline.
Other companies featured: Enbridge Incorporated (NYSE:EMB)
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