KMI

How Europe Can Win the Energy War With Russia

Retrieved on: 
Friday, March 8, 2024

LONDON, March 8, 2024 /PRNewswire/ -- Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.  Companies mentioned in this release include:  Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)

Key Points: 
  • And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
  • Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
    #1 MCF Energy ( MCF .V; MCFNF .QX)
    Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
  • MCF Energy is the first new public company consolidating major exploration projects in Europe, and it's the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
  • Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

How Europe Can Win the Energy War With Russia

Retrieved on: 
Friday, March 8, 2024

LONDON, March 8, 2024 /PRNewswire/ -- Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.  Companies mentioned in this release include:  Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)

Key Points: 
  • And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
  • Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
    #1 MCF Energy ( MCF .V; MCFNF .QX)
    Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
  • MCF Energy is the first new public company consolidating major exploration projects in Europe, and it's the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
  • Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

Kinder Morgan to Hold 2024 Investor Day

Retrieved on: 
Monday, January 22, 2024

Representatives of Kinder Morgan, Inc. (KMI) intend to make presentations in Houston, Texas on January 24, 2024 at the Kinder Morgan 2024 Investor Day regarding the company’s strategy and long-term outlook, the results for fiscal year 2023 and the financial budget for 2024.

Key Points: 
  • Representatives of Kinder Morgan, Inc. (KMI) intend to make presentations in Houston, Texas on January 24, 2024 at the Kinder Morgan 2024 Investor Day regarding the company’s strategy and long-term outlook, the results for fiscal year 2023 and the financial budget for 2024.
  • Interested parties will be able to view the materials to be presented at the event by visiting KMI’s website at: https://ir.kindermorgan.com/events-and-presentations/default.aspx .
  • The presentations will also be accessible by audio webcast (both live and on-demand) on KMI’s website at the same web address.
  • Live presentations are scheduled to begin at 9 a.m. CT, and an archived webcast will remain available for at least 90 days on KMI’s website at the above address.

Kinder Morgan Announces Fourth Quarter ‘23 Earnings Webcast

Retrieved on: 
Wednesday, January 10, 2024

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release fourth quarter 2023 earnings results on Wednesday, January 17, 2024 after market close and will hold a live webcast and conference call.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it will release fourth quarter 2023 earnings results on Wednesday, January 17, 2024 after market close and will hold a live webcast and conference call.
  • How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-210-234-0023 and entering the passcode 3265653.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • A recording of the conference call will also be available for replay one hour after the call until the end of the day on February 17, 2024.

NextEra Energy Partners, LP completes sale of Texas natural gas pipeline portfolio

Retrieved on: 
Thursday, December 28, 2023

JUNO BEACH, Fla., Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline portfolio for $1.815 billion.

Key Points: 
  • JUNO BEACH, Fla., Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline portfolio for $1.815 billion.
  • "With the Texas natural gas pipeline portfolio sale complete, the partnership has sufficient proceeds available to address the equity buyouts of the STX Midstream and NEP Renewables II convertible equity portfolio financings."
  • The Texas natural gas pipeline portfolio is primarily comprised of seven pipelines, which provide natural gas to Mexico and power producers and municipalities in South Texas.
  • The total 2023 calendar-year adjusted EBITDA for the Texas natural gas pipeline portfolio is expected to be approximately $180 million, with roughly 70% associated with the transmission portion of the portfolio and the remaining 30% associated with the midstream pipelines.

Kinder Morgan Closes on the $1.815 Billion Acquisition of NextEra Energy Partners’ South Texas Assets

Retrieved on: 
Thursday, December 28, 2023

Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced $1.815 billion acquisition of NextEra Energy Partners’ South Texas assets (STX Midstream), which includes a set of integrated, large diameter high pressure natural gas pipeline systems that connect the Eagle Ford basin to key growing Mexico and Gulf Coast demand markets.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced $1.815 billion acquisition of NextEra Energy Partners’ South Texas assets (STX Midstream), which includes a set of integrated, large diameter high pressure natural gas pipeline systems that connect the Eagle Ford basin to key growing Mexico and Gulf Coast demand markets.
  • Dos Caminos recently placed in service a 62-mile pipeline connecting HEP’s existing midstream pipeline and facilities in Webb County, Texas to KMI’s new Eagle Ford pipeline, which was placed in service on November 1, 2023.
  • This portfolio of assets is highly contracted, with an average contract length of over 8 years.
  • Expected acquisition EBITDA multiples, Net Debt and Adjusted EBITDA are non-GAAP measures.

Kinder Morgan Announces 2024 Financial Expectations

Retrieved on: 
Monday, December 4, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced its preliminary 2024 financial projections.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced its preliminary 2024 financial projections.
  • “We are projecting an annualized dividend of $1.15 in 2024, constituting the 7th year in a row in which we have increased our dividend.
  • For descriptions of these non-GAAP financial measures and reconciliations to the most comparable measures prepared in accordance with generally accepted accounting principles, please see “Non-GAAP Financial Measures” below.
  • Kinder Morgan remains committed to transparency and will continue to publish its budget on the company’s website as presented at the investor day conference.

Kinder Morgan to Purchase NextEra Energy Partner’s STX Midstream

Retrieved on: 
Monday, November 6, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.
  • STX Midstream includes a 90% interest in the NET Mexico pipeline; MGI Enterprises, a PEMEX affiliate, owns the other 10%.
  • STX Midstream owns and operates Eagle Ford Midstream, a 158-mile residue line connecting the Eagle Ford basin to the Agua Dulce Hub in Nueces County, Texas.
  • Eagle Ford Midstream is connected to multiple pipeline systems, including KMI’s Tennessee Gas Pipeline, Kinder Morgan Tejas Pipeline and Natural Gas Pipeline Company of America.

Kinder Morgan Announces Third Quarter ‘23 Earnings Webcast

Retrieved on: 
Wednesday, October 11, 2023

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release third quarter 2023 earnings results on Wednesday, October 18, 2023 after market close and will hold a live webcast and conference call.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it will release third quarter 2023 earnings results on Wednesday, October 18, 2023 after market close and will hold a live webcast and conference call.
  • How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-630-395-0049 and entering the passcode 4700508.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • A recording of the conference call will also be available for replay one hour after the call until the end of the day on November 18, 2023.

Official Website for International Conference on Fishing Communities 2023 Launched

Retrieved on: 
Friday, August 18, 2023

The Korea Maritime Institute (KMI, President Jong-Deog Kim) announced that official website for the International Conference on Fishing Communities 2023 is unveiled on D-33 on the opening day (September 19th - 21st).

Key Points: 
  • The Korea Maritime Institute (KMI, President Jong-Deog Kim) announced that official website for the International Conference on Fishing Communities 2023 is unveiled on D-33 on the opening day (September 19th - 21st).
  • View the full release here: https://www.businesswire.com/news/home/20230818840570/en/
    International Conference on Fishing Communities 2023 (ICFC 2023) will be held from September 19 to September 21, 2023 at the Busan Port International Exhibition and Convention Center (BPEX).
  • (Graphic: Business Wire)
    KMI has been preparing the International Conference on Fishing Communities 2023 (ICFC 2023) over the past 10 months, partnering closely with global entities like FAO and operating the ICFC Planning Committee.
  • "The International Conference on Fishing Communities 2023 will be the first step in building cooperation and solidarity between countries and regions through the means of sustainable development and fishing communities," Jong-Deog Kim, President of the Korea Maritime Institute, said.