- Kinder Morgan
Kinder Morgan Inc. is an American energy company. It is also, through a subsidiary, the general partner of and owner of many of the interests in
Kinder Morgan Energy Partners , a publicly tradedpipeline and terminallimited partnership . The company was incorporated in 1927 as K N Energy Inc. and is based inHouston, Texas .Kinder Morgan owns or operates approximately 43,000 miles of pipelines transporting primarily
natural gas ,crude oil andpetroleum product s; about 150 terminals that store and handle products likegasoline andcoal ; and over 1.1 million natural gas distribution customers.Fact|date=February 2007Assertions
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 does not spend money on corporate jets, first-class airfare, sports tickets or other expensive perks.Fact|date=February 2007Kinder Morgan asserts that it committed to public safety, protection of the environment and operation of its facilities in compliance with all applicable rules and regulations. [http://www.kindermorgan.com/ehs/]
Leveraged Buyout
On
August 28 ,2006 Kinder Morgan announced that it would be taken private in a management-ledleveraged buyout totalling approximately $22 billion. Outside participants in the transaction includeFayez Sarofim and affilaites ofGoldman Sachs andAmerican International Group .Companies
*"Kinder Morgan Energy Partners, L.P.", Houston, TX
*"Kinder Morgan CO2 Company", Houston, TX
*"Kinder Morgan Management, LLC", Houston, TX
*"Knight Inc."(formerly Kinder Morgan, Inc.), Houston, TX
*"Natural Gas Pipeline Company of America"
*"Kinder Morgan Terminals", Houston, TX
*"Kinder Morgan Power Company",Lakewood, CO
*"Kinder Morgan Louisiana Pipeline LLC" (KMLP),Crowley, LA [http://hoovers.com/free/search/simple/xmillion/index.xhtml?query_string=kinder+morgan&which=company&page=1&x=59&y=16] [http://www.manta.com/mb?search=kinder+morgan]External links
* [http://www.kindermorgan.com Company web site]
Wikimedia Foundation. 2010.
