Strike while the iron is hot. Not exactly words to live by for oil and gas producers right now, but for Houston-based Kinder Morgan they strum the perfect chord.

Kinder Morgan Inc.

Kinder Morgan is one of the largest energy infrastructure companies in North America. We own an interest in or operate approximately 84,000 miles of pipelines and 157 terminals. Our pipelines transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and more. Our terminals store and handle petroleum products, chemicals and other products.

RMR today is following the latest news from KM, which just completed a $76 million acquisition of Southcross Energy’s natural gas pipeline network in Corpus Christi, Texas. The deal includes the Corpus Christi Pipeline and Bay City Lateral, giving Kinder Morgan additional gas connectivity to LNG facilities and Gulf Coast power, industrial and petrochemical demand.

The vast midstream infrastructure that comprises KM transports nearly 38% of the nation’s natural gas, along with crude oil and refined products. The company owns or operates more than 84,000 miles of pipelines—enough to circle the globe more than three times—and 157 terminals. Following its acquisition of American Petroleum Tankers in 2013, Kinder Morgan also operates a fleet of U.S.-flagged oil tankers capable of transporting 330,000 Bbls of crude.

But natural gas is the dominant energy that pulses through KM’s veins. Its highly anticipated $2 billion Permian Highway Pipeline, now under construction, will extend from the Permian Basin to the Gulf and transport up to 2.1 BCFD of gas through 430 miles of pipeline. The line is expected to go into service late next year.

But don’t look for this iron to cool off any time soon. With 261 natural gas system upgrades, 11 natural gas and LNG projects, and two products pipeline expansions on the horizon, Kinder Morgan is still heating up.

What do you think?

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