Kinder Morgan Nears $6.5 Billion in Kickoffs, Completions, but Wary of Trans Mountain Plans
Attachment: Kinder Morgan, April 2018
SUGAR LAND--April 20, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Kinder Morgan Incorporated (NYSE:KMI) (KMI) (Houston, Texas) enjoyed a strong start to 2018, with improving prices and demand for natural gas boding well for the year. The company expects to spend $2.3 billion in 2018 on capital projects, not including work from Kinder Morgan Canada Limited (TSX:KML) (Calgary, Alberta), but is facing a growing list of obstacles on one of its top priorities: Western Canada's Trans Mountain Pipeline Expansion. Industrial Info is tracking $23.25 billion in active projects involving Kinder Morgan, including more than $6.5 billion worth that are slated to begin or finish construction in the second quarter.
Within this article: Details on some of Kinder Morgan's highest-valued projects, including the Trans Mountain Pipeline Expansion, the Broad Run Expansion, the Utica Marcellus Texas Pipeline, the TGL Lone Star Project and the Base Line Crude Oil Storage Terminal.
