Kinder Morgan Places $400 Million of Projects in Backlog, Considers New Permian Pipeline

SUGAR LAND--July 19, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--In a conference call on Wednesday, executives at Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) said the company had added about $400 million in projects to its backlog in the second quarter, bringing it to $5.7 billion. In addition to two natural gas pipelines in the Permian Basin that are in development, Kinder Morgan is considering adding a third and is making progress on its liquefied natural gas (LNG) facilities. In the conference call, Chief Executive Officer Steve Kean gave an update on these projects.

Within this article: Details on the progress of Kinder Morgan's major projects

Other companies featured: DCP Midstream LP (NYSE:DCP), Targa Resources (NYSE:TRGP), Apache Corporation (NYSE:APA), Jacobs Engineering Group Incorporated (NYSE:JEC), KBR Incorporated (NYSE:KBR)