Richard Kinder News
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The chief executive officers of software developer Oracle Corp. and watchmaker Fossil Inc. both work for a salary of a dollar or less a year. The only difference: $96.2 million.
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Kinder Morgan Energy Partners LP, the biggest U.S. pipeline company, said first-quarter profit more than tripled as it expanded its interstate pipeline network.
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Kinder Morgan Energy Partners LP, the biggest U.S. pipeline company, agreed to acquire Copano Energy LLC for about $3.2 billion in stock to capitalize on rising natural gas output from shale basins in Texas, Oklahoma and Wyoming.
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For more than 60 years, the Tennessee Gas Pipeline has linked natural-gas wells in Texas to customers in the north. Until last year, it paid federal corporate income taxes on its earnings, setting aside $107 million in 2011 alone.
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Kinder Morgan Inc.’s agreement to buy El Paso Corp. for $21.1 billion, the energy industry’s biggest transaction in more than a year, would create the largest natural-gas pipeline network in the U.S.
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Kinder Morgan Inc. , the Houston- based pipeline company taken private in a $22 billion leveraged buyout three years ago, plans to raise as much as $1.5 billion in an initial public offering.
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Kinder Morgan Inc., the biggest U.S. pipeline provider after buying El Paso Corp., won a Delaware court’s approval of a $110 million settlement of investor lawsuits over the 2011 acquisition.
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Kinder Morgan Inc. will pay $110 million to end lawsuits by investors over its purchase of gas- pipeline owner El Paso Corp. in a settlement that includes concessions by Goldman Sachs Group Inc., according to court papers.
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Kinder Morgan Inc. may proceed to a shareholder vote on a $21.1 billion takeover of El Paso Corp. after a judge rejected claims that Goldman Sachs Group Inc.’s conflict of interest warranted blocking the deal.
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Kinder Morgan Inc., which this year will become the largest U.S. pipeline company after its $20.7 billion purchase of El Paso Corp., aims to extend its lead over competitors in transporting oil across Canada for export to higher-paying markets in Asia.
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