Kinder Morgan Energy Partners, L.P.(NYSE : KMP)
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Utilities » Gas Distributors
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Kinder Morgan Energy Partners LP is a pipeline transportation and energy storage company in North America. The company's pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide and other products and its terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. It also provides carbon dioxide for enhanced oil recovery projects in North America. The company operates through five reportable business segments: Products Pipelines, Natural Gas Pipelines, CO2, Terminals and Kinder Morgan Canada. The Products Pipelines segment transports and terminals refined petroleum products, including gasoline, diesel fuel, jet fuel and natural gas liquids. The Natural Gas Pipelines segment sells, transports, processes, treats, stores and gathers natural gas. The Terminals segment transloads and stores refined petroleum products and dry and liquid bulk products, including coal, petroleum coke, cement, alumina, salt and other bulk chemicals. The CO2 segment produces and sells crude oil from fields in the Permian Basin of West Texas and transports and markets carbon dioxide used as a flooding medium for recovering crude oil from mature oil fields. The Kinder Morgan Canada segment transports crude oil and refined products from Alberta, Canada to marketing terminals and refineries in British Columbia, the state of Washington and the Rocky Mountains and Central regions of the United States. The company was founded in August 1992 and is headquartered in Houston, TX.