Trans Mountain Oil Pipeline Nears Completion After Tricky Segment Is Finished [BNN Bloomberg (Canada)]
Kinder Morgan, Inc. (KMI)
Last kinder morgan, inc. earnings: 4/22 04:05 pm
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Source: BNN Bloomberg
The stretch between the cities of Hope and Chilliwack has been completed, according to people familiar with the pipeline project. Commercial operation of the expanded pipeline was slated to commence in April, but the issues in that segment pushed back the start date later in the second quarter. Trans Mountain didn't immediately respond to an emailed request for comment. The Trans Mountain expansion twins the existing 1,150-kilometer (715-mile) pipeline from Edmonton, Alberta, to Burnaby, British Columbia, nearly tripling the conduit's capacity. The project, initially slated to start in 2017, has faced years of delays and cost overruns because of construction mishaps and regulatory hurdles. Prime Minister Justin Trudeau's government purchased the pipeline from Kinder Morgan Inc. in 2018 to save the expansion from cancellation and help open new markets for Canadian oil via the Pacific Ocean. The expansion's first cargo is a 550,000-barrel shipment from Suncor Energy Inc. to Chi
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News
- Trans Mountain opens 'pretty vast market,' says Cenovus — but it's likely Canada's last pipeline [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trudeau's $25 Billion Trans Mountain Expansion Starts Commercial Operations [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Trudeau's $25 Billion Trans Mountain Gets Final Clearance to Ship Oil [BNN Bloomberg (Canada)]BNN Bloomberg
- Natural gas producers in Texas are paying people to take their supply as prices sink deeper into negative territory [Fortune]Fortune
- UPDATE 1-Kinder Morgan declares force majeure on west Texas natgas pipeline [Yahoo! Finance]Yahoo! Finance
KMI
Earnings
- 4/17/24 - Beat
KMI
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/24/24 - Form 4
- 4/24/24 - Form 144/A
- KMI's page on the SEC website