Kinder Morgan said fires weren’t directly disrupting operations, but outages forced a line serving Arizona to shut down. Service has been restored.

Kinder Morgan (NYSE:KMI) said late Thursday it has shut down two of its pipelines, SFPP West and CALNEV, due to power outages linked to the wildfires now raging in southern California. The company said the pipelines are not directly impacted by the fires,

Kinder Morgan Inc said two of its fuel pipelines, SFPP West and CALNEV, have been shut down since Jan. 8 due to power outages in Southern California. The 515-mile SFPP West pipeline transports fuel from the Los Angeles Basin to Colton,

Kinder Morgan Inc said two of its Los Angeles fuel pipelines returned to service on Friday, after being shut down since Jan. 8 due to power outages caused by the most destructive wildfires in the city's history.

We continue to actively monitor the California wildfires and will work with our customers on any potential impacts', Kinder Morgan noted in a media statement sent to Rigzone.

Pipeline operator Kinder Morgan Inc said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to power outages, as the most destructive wildfires in the city's history continued to burn uncontained on Thursday.

2024 was a tremendous year for Kinder Morgan ( KMI 1.25%), with shares of the pipeline giant rebounding dramatically, gaining 55.3% in the year, according to data provided by S&P Global Market Intelligence. With those handsome gains, Kinder Morgan stock handily beat the S&P 500 ( ^GSPC 1.25%), which rallied around 23% in 2024.

Shares of Kinder Morgan Inc. KMI rose 2.11% to $30.06 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 5,937.34 and Dow Jones Industrial Average DJIA falling 0.

Arizona, while the 566-mile CALNEV moves gas, diesel and jet fuel from Colton, California, to terminals in Barstow, California and Las Vegas, Nevada. Kinder Morgan (KMI) shares +0.5% in early ...

Overall, Kinder Morgan is an excellent stock for the near to medium term but not necessarily one to firmly commit to buying for life. Investors' long-term assumptions about its earnings and cash flow will change as sentiment changes about the gas industry.

Kinder Morgan forecasts 2025 adjusted EPS of $1.27 and EBITDA of $8.3 billion, driven by natural gas operations. Find out why I think KMI stock remains a buy.

Kinder Morgan's (NYSE: KMI) main growth drivers in recent years have been its organic expansion projects. The natural gas pipeline giant has completed billions of dollars in projects and has more ...