|Traded as||NYSE: KMI
S&P 500 Component
|Headquarters||One Allen Center
Houston, Texas, U.S.
|Area served||USA and Canada|
|Key people||Richard Kinder
(Chairman and CEO)
|Subsidiaries||Kinder Morgan Energy Partners|
Kinder Morgan, Inc. is an American energy company. It is, through a subsidiary, the general partner and owner of many of the interests in Kinder Morgan Energy Partners, a publicly traded pipeline and terminal limited partnership.
Kinder Morgan Energy Partners, L.P. is a leading pipeline transportation and energy storage company in North America. Kinder Morgan owns or operates approximately 26,000 miles of pipelines transporting primarily natural gas, crude oil, and petroleum products. Kinder Morgan owns about 170 terminals that store and handle products such as gasoline, coal, and petroleum coke. Kinder Morgan is the leading provider of carbon dioxide (CO2) for enhanced oil recovery projects in North America.
In addition to its role in the energy transportation and storage industry, Kinder Morgan operates in two major oil fields in Texas: the Yates Oil Field and the SACROC Unit. Kinder Morgan produces approximately 55,000 barrels per day between the two areas, and claims to be the second-largest oil producer in Texas.
Chairman and CEO Richard Kinder, selected by Morningstar as its 2005 CEO of the Year, receives a salary of $1.00 a year, no bonuses, no option grants, and no restricted stock. Additionally, Kinder Morgan claims that it does not spend money on corporate jets, first-class airfare, sports tickets, or other expensive perquisites.
On August 28, 2006, Kinder Morgan announced that it would be taken private in a management-led leveraged buyout totaling approximately $22 billion. Outside participants in the transaction include Fayez Sarofim, Goldman Sachs Capital Partners and Highstar Capital (then owned by American International Group).
On September 8, 2010, a notice of a class action settlement was filed in the District Court of Shawnee County Kansas. The proposed settlement is to resolve claims of breach of fiduciary duty owed to Kinder Morgan shareholders by persons involved with the buyout. The settlement payment is to be $200 million. A hearing on the settlement was scheduled for November 12, 2010.
In October 2011, Kinder Morgan Inc. agreed to buy El Paso Corp. (EP) for $21.1 billion and will make the combined company have 67,000 miles (107,000 kilometers) of gas lines and eclipse Enterprise Products Partners LP (EPD) as the biggest U.S. pipeline operator. The transaction paid with shares of Kinder Morgan, Kinder Morgan warrants, and all of cash portion $11.5 billion through Barclays Plc (BARC) borrowing.
- Kinder Morgan Energy Partners, SFPP, Mission Valley, California
- Kinder Morgan Energy Partners, L.P., Houston, Texas
- Kinder Morgan CO2 Company, Houston, Texas
- Kinder Morgan Management, LLC, Houston, Texas
- Kinder Morgan, Inc., Houston, Texas
- Natural Gas Pipeline Company of America
- Kinder Morgan Terminals, Houston, Texas
- Kinder Morgan Power Company, Lakewood, Colorado
- Kinder Morgan Louisiana Pipeline LLC (KMLP), Crowley, Louisiana
Transport of Athabasca oil sands bitumen
Kinder Morgan Trans Mountain is an existing pipeline for diluted bitumen between Edmonton and Burnaby. The company has proposed to nearly triple its capacity to 850,000 barrels per day from 300,000.  
This project is controversial, as are similar projects Northern Gateway, Keystone XL and Line 9[disambiguation needed], all of which expand the export of heavy crude overseas, a potentially significant contributor to climate change and ocean acidification, and a threat to aquifer and watershed integrity where the lines run. In contrast to its competitors Enbridge and ExxonMobil, however, Kinder Morgan has not had a well publicized major spill or cleanup failure.
However, the existing and proposed pipeline ship diluted bitumen through the Strait of Juan de Fuca, an extremely sensitive environmental region. The tankers have to pass through a very narrow channel of shallow water to reach the open sea, making the project controversial and strongly opposed by many Canadians  and Americans, for reasons similar to the opposition to Keystone XL, Line 9[disambiguation needed] and Northern Gateway and offshore deep ocean oil drilling.
- Kinder Morgan CO2: description of CO2 and oil operations
- Company profile on KM web site
- SEC Form 10-Q, March 31, 2009
- "Kinder Morgan to Buy El Paso for $21 Billion in Cash, Stock". October 18, 2011.
- Elisabeth Rosenthal (June 13, 2012). "Canada Seeks Alternatives to Transport Oil Reserves". The New York Times. Retrieved June 14, 2012.