Kinder Morgan Benefits from Strong Coal Export Demand, Oil and NGL Production in 2012
Posted on January 18, 2013 at 03:13 AM EST
SUGAR LAND--January 18, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy pipeline transportation and storage company Kinder Morgan Energy Partners LP (NYSE:KMP) (KMP) (Houston, Texas), whose general partner is owned by Kinder Morgan Incorporated (NYSE:KMI) (KMI) (Houston), boasted solid gains in fourth-quarter and full-year 2012, with coal exports hitting record volumes, oil production marking significant gains, and natural gas liquids (NGLs) hitting record levels. All five of the company's major segments posted higher earnings. Industrial Info is tracking more than $2.89 billion in active projects involving Kinder Morgan.