Hot Oil Companies To Watch In Right Now

Hot Oil Companies To Watch In Right Now: Kinder Morgan Management LLC (KMR)

Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (KMP), and manages and controls its business and affairs pursuant to a delegation of control agreement. Kinder Morgan G.P., Inc., of which Kinder Morgan, Inc. indirectly owns all of the outstanding common equity, is the general partner of Kinder Morgan Energy Partners, L.P. (KMP). Kinder Morgan G.P., Inc., pursuant to a delegation of control agreement among the Company, Kinder Morgan G.P., Inc. and KMP, has delegated to the Company, to the fullest extent permitted under Delaware law and KMP's limited partnership agreement, all of its rights and powers to manage and control the business and affairs of KMP, subject to the general partner's right to approve specified actions.

KPM is a pipeline limited partnerships in the United States. KMP owns an investment in or operates approximately 28,000 miles of pipelines and 180 terminals. Its pipelines transport products, such a s natural gas, crude oil, gasoline, and CO2, and its terminals store petroleum products and chemicals and handle materials like coal. Almost all of Kinder Morgan assets are owned by KMP, KMP operates in five business segments : Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada.

Kinder Morgan is a transporter and marketer of carbon dioxide in North America. It delivers approximately 1.3 billion cubic feet per day of CO2 through about 1,300 miles of pipelines. It is an oil producer in Texas, producing over 55,000 barrels of oil per day at the SACROC Unit and the Yates Field in the Permian Basin. In addition to CO2 pipelines and oil producing fields, this business segment owns interests in and operates CO2 source fields, natural gas and gasoline processing plants, and a crude oil pipeline. Kinder Morgan owns and operat! es approximately 24,000 miles of gas pipelines in the Rocky Mountains, the Midwest and Texas. Through its Products P ipelines business unit, it transports over two million barre! ls per day of gasoline, jet fuel, diesel, natural gas liquids and other fuels through more than 8,000 miles of pipelines. The Company also has approximately 50 liquids terminals in this business segment that store fuels and offer blending services for ethanol and other products.

Kinder Morgan have more than 180 terminals that store petroleum products and chemicals, and handle bulk materials like coal, petroleum coke and steel products. Kinder Morgan operates a number of pipeline systems and terminal facilities in Canada including the Trans Mountain pipeline, the Express and Platte pipelines, the Cochin pipeline, the Puget Sound and the Trans Mountain Jet Fuel pipelines, the Westridge marine terminal, the Vancouver Wharves terminal in British Columbia and the North Forty terminal in Edmonton, Alberta.

Advisors' Opinion:

• [By Adam Galas]

  However, investors should largely ignore this bottom-line miss, because in actuality Kinder Morgan is firing on all cylinders and had great news about its acquisition of Kinder Morgan Energy Partners (NYSE: KMP  ) , Kinder Morgan Management (NYSE: KMR  ) , and El Paso Pipeline Partners (NYSE: EPB  ) . 

• [By David Dittman]

  Kinder Morgan Management (KMR), which manages KMP, is up 30.1 percent, while El Paso Pipeline (EPB) is up 26.3 percent. And Kinder Morgan Inc (KMI) is up 14.2 percent.

• [By Philip Springer]

  Kinder Morgan is a pioneer in the rapidly growing niche of energy master limited partnerships (MLPs). But the company reversed course this week, and announced that it will put all of its MLP assets into its traditional C corporation, Kinder Morgan Inc. (NYSE: KMI).
  
  Kinder Morgan’s various companies operate a huge network of “midstream” assets! : pipelin! es and terminals that move and store oil and natural gas. The company is a direct, lower-risk beneficiary of the new energy boom in the U.S.
  
  In a $44 billion deal, general partner Kinder Morgan Inc. (KMI) will acquire the outstanding shares of Kinder Morgan Energy Partners LP (NYSE: KMP), Kinder Morgan Management LLC (NYSE: KMR) and El Paso Pipeline Partners LP (NYSE: EPB).
  
  The new Kinder Morgan Inc. (KMI) will have an estimated enterprise value of about $140 billion—$100 billion of market value and $40 billion of debt—making it the third-largest energy company in the U.S., after ExxonMobil and Chevron.
  
  As of the announcement, the deal valued KMP and KMR at $90 per unit, and EPB at $39. All are significant premiums over their prices before the announcement. However, KMP, KMR and EPB now are trading well above those levels, as is KMI.
  
  Richard Kinder, co-founder and chief executive of Kinder Morgan, basically set in motion the increasingly popular MLP structure in the 1990s. MLPs pay no corporate taxes and distribute their profits to unit holders.
  
  MLPs over time have delivered high, growing payouts, which have fueled price appreciation too. The number of MLPs has grown from just 38 a decade ago to 120 now, with a combined market value of some $600 billion.
  
  But KMP, the biggest MLP of all ($45 billion market value), in particular has had two problems. MLPs need to constantly buy or build new assets in order to keep increasing their high distributions to investors. But KMP had grown so large that it was hard to find suitable targets.
  
  Secon

• [By Igor Greenwald]

  Let’s move beyond the headlines. On Sunday, KMI announced a deal to buy out Kinder Morgan Energy Partners (NYSE: KMP), its dividend-paying proxy Kinder Morgan Management (NYSE: KMR) and El Paso Pipeline Partners (NYSE: EPB) in mostly-equity deals at premiums ranging from 12% for KMP to 16.5% for KMR based on the Aug. 8 closing prices.

source from ! Top Stocks For 2015:http://www.topstocksblog.com/hot-oil-companies-to-watch-in-right-now-3.html