The first big winner from Texas' Great Freeze is now revealed: Kinder Morgan Inc. While extreme conditions hobbled rivals, the company's intrastate gas pipelines and storage network kept running. The result was a $1 billion windfall, which nearly doubled Q1 distributable cash flow to $1.02 / share.
The first big winner from Texas' Great Freeze is now revealed: Kinder Morgan Inc. While extreme conditions hobbled rivals, the company's intrastate gas pipelines and storage network kept running. The result was a $1 billion windfall, which nearly doubled Q1 distributable cash flow to $1.02 / share.
Share this Article
Recommended