Copano Acquisition Fuels Kinder Morgan Energy Partners’ Distribution Growth $KMP

By Albert Alfonso

Kinder Morgan Energy Partners (KMP) is the largest midstream company in North America. The company has massive growth potential due to the increasing production of both oil and natural gas in the US and Canada. Kinder Morgan Energy Partners currently offers a $1.30 per unit quarterly distribution and yields about 5.90%.

Kinder Morgan Energy Partners is part of the Kinder Morgan family of companies with a combined enterprise value of over $115B. Kinder Morgan, Inc (KMI) is Kinder Morgan Energy Partners’ general partner and has incentive distribution rights and owns about 10% of the partnership. Another way to own Kinder Morgan Energy Partners is via Kinder Morgan Management (KMR), whose shares are pari passu with Kinder Morgan Energy Partners and has an equal distribution but pays its dividend in additional shares instead of cash. This in effects acts as a dividend reinvest program.

Kinder Morgan Energy Partners and its sister companies have some of the most stable fee-based assets out there. The combined companies own and/or operate nearly 80,000 miles of pipeline and 180 terminals. Kinder Morgan pipelines are a crucial link of the US energy infrastructure as they are the largest transporter of natural gas, petroleum products, and CO2. Kinder Morgan pipelines are connected to major resource plays including but not limited to the Marcellus shale, Eagle Ford, and the Canadian oil sands.

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About Albert Alfonso

My main investing focus is on finding and analyzing high-yield dividend stocks. I have a strong preference for deep value and/or dividend-growth stocks. I am also currently a student majoring in financial accounting. I have been actively trading stocks since 2009.

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