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Kinder Morgan

@hilandpartners.com

Premier Midstream Transaction Provides Immediate and Long-Term Accretion to Cash Available to Pay Dividends to KMI Shareholders Kinder Morgan, Inc.

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Kinder Morgan is the largest energy infrastructure company in North America, offering a wide range of products and services. With approximately 80,000 miles of pipelines and 180 terminals, they transport natural gas, gasoline, crude oil, CO2, and other products. Their terminals store petroleum products, chemicals, and handle bulk materials like coal and petroleum coke.


Recently, Kinder Morgan completed the acquisition of Hiland Partners for approximately $3 billion, including the assumption of $1 billion of debt. Hiland’s assets primarily serve production from the Bakken Formation in North Dakota and Montana and consist of crude oil gathering and transportation pipelines and natural gas gathering and processing systems. This acquisition establishes a premier midstream platform for Kinder Morgan in the Bakken, with long-term gathering agreements in attractive areas of the basin.


Kinder Morgan's customers include major producers like Continental Resources, Inc., Oasis Petroleum Inc., and Whiting Petroleum Corporation. By providing quality midstream services and pursuing incremental growth opportunities, Kinder Morgan aims to meet the needs of the energy industry while maintaining their position as a leader in the sector. For more information, visit their website at www.


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