Kinder Morgan is one of the largest energy infrastructure companies in North America. We own an interest in or operate approximately 85,000 miles of pipelines and 152 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. The revolutionary shale plays across the United States are creating a tremendous need for more energy infrastructure, which bodes well for us. We invest billions of dollars each year to grow the company by building new and expanding existing assets to help ensure that a variety of energy products get delivered into the marketplace. In most of our businesses we operate like a giant toll road and receive a fee for our services, generally avoiding commodity price risk. Our customers include major oil companies, energy producers and shippers, local distribution companies and businesses across many industries. Kinder Morgan is committed to being a good corporate citizen and conducting ourselves in an ethical and responsible manner. We spend hundreds of millions of dollars each year on integrity management and maintenance programs to operate our assets safely and to protect the public, our employees, contractors and the environment. Operationally, we continue to perform better than our industry peers relative to environmental, health and safety measures.
Our customers include major oil companies, energy producers and shippers, local distribution companies and businesses across many industries. In most of our businesses, we operate like a giant toll road and receive a fee for our services, generally avoiding commodity price risk. In our CO2 business, where exposure to commodity prices does exist, we employ a hedging strategy to partially mitigate that risk. For 2017, approximately 91 percent of our cash flows are fee-based and 97 percent of our cash flows are fee-based or hedged. The revolutionary shale plays across the United States are creating a tremendous need for more energy infrastructure, which bodes well for us. We invest billions of dollars each year to grow the company by building new and expanding existing assets to help ensure that a variety of energy products get delivered into the marketplace. Kinder Morgan strives for financial and operational excellence, and we are committed to being a good corporate citizen and conducting ourselves in an ethical and responsible manner. In addition to delivering value to our shareholders and meeting our customers needs, we spend hundreds of millions of dollars each year on integrity management and maintenance programs to operate our assets safely and to protect the public, our employees, contractors and the environment. We pride ourselves on being a different kind of energy company. What makes us different? It starts at the top with Executive Chairman Rich Kinder, who earns a salary of $1 per year and does not receive a bonus, stock options or restricted stock grants. President and CEO Steve Kean also receives an annual salary of $1. We work hard to align managements and shareholders incentives by eliminating unnecessary expenses such as corporate aircraft, sports tickets and executive perks. In addition, we tie financial incentives for our employees directly to the performance of the company and their own personal performances. Kinder Morgan has been conducting its business transparently long before it became a corporate buzz word. We are one of the only S&P 500 companies that publishes its annual budget on its web site, which enables investors and others to follow our progress throughout the year. We also post our operational performance on our website and continue to perform better than our industry peers relative to environmental, health and safety measures. We do not have a Political Action Committee. Any political contributions made by executives or employees are made individually as private citizens with their own personal money. Kinder Morgan has approximately 11,000 employees and is one of the largest energy infrastructure companies in North America.
Our Commitment
Its not always easy to find the proper balance to run a profitable business, meet customer/consumer demands, operate facilities safely and protect the public and the environment. But at Kinder Morgan, we strive to do just that. Dedicated to operational excellence, we are very proud of our safety record and our responsible actions relative to protecting the environment. At Kinder Morgan, we are committed to public safety, protection of the environment and operation of our facilities in compliance with all applicable rules and regulations. It is our goal to work openly and cooperatively with all stakeholders regarding environmental, health and safety (EHS) issues. To help us achieve that goal, we integrate Kinder Morgan EHS employees into each business unit, where they actively participate in the overall operating success of the organization.
Company Name | Kinder Morgan |
Business Category | Renewable Energy |
Address | 1001 Louisiana St Suite 1000 Houston Texas United States ZIP: 77002 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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