Kinder Morgan Energy Partners, L.P. · Houston, TX United States ·(NYSE: KMP)
Company Description
Phone: 713-369-9000
Fax: 713-369-9410
Toll Free: 800-324-2900
Rankings
- #201 in FORTUNE 500
View Kinder Morgan Energy Partners, L.P. Locations On A US Map
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This link will open in a new window Kinder Morgan Energy Partners (KMP) keeps energy on the move throughout the US. The company holds stakes in or operates 26,000 miles of natural gas pipelines and owns 170 bulk terminals and rail transloading facilities that handle more than 87 million tons of coal, petroleum coke, and bulk products annually. KMP transports refined petroleum products (gasoline, diesel, and jet fuel) through 8,300 miles of pipelines and stores the products in 60 terminals in the US. Through its CO2 subsidiary, KMP transports carbon dioxide. Knight owns 13.9% of KMP, and through its Kinder Morgan Management unit, acts as general partner. To read the full description, subscribe now.
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Key Kinder Morgan Energy Partners, L.P. Financials
| Company Type | Public - NYSE: KMP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $11,740.3 |
| 2008 Employees | 7,800 |
Kinder Morgan Energy Partners, L.P. Executives
19 executives listed for Kinder Morgan Energy Partners, L.P.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Richard Kinder | Network |
| President and Director | C. Park Shaper | Network |
| EVP and COO; President, Natural Gas Pipelines | Steven Kean | Network |
Competition
Competitive Landscape for Kinder Morgan Energy Partners, L.P.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Kinder Morgan Energy Partners, L.P. Competitors
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