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Kinder Morgan Plans for Brighter Future, More Expansions as Backlog Exceeds $12 Billion


Industry Segment: Pipelines | Word Count: 791 Words

SUGAR LAND--July 21, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--A year after it slashed jobs and saw profits plummet, midstream giant Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) announced it would boost its dividend significantly, launch a $2 billion stock buyback and continue to ride the rally in U.S. oil and gas production. The company's backlog grew $500 million to $12.2 billion after it added projects in its natural gas and carbon dioxide segments. Industrial Info is tracking more than $21.7 billion in active projects involving Kinder Morgan.

Within this article: Details on some of Kinder Morgan's top-valued projects, including the Utica, Elba Express and Trans Mountain pipelines.

Other companies featured: Southern Company (NYSE:SO), Royal Dutch Shell plc (NYSE:RDS.A)

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