The Kinder Morgan group of companies (and entities) has been a serious money-maker through time for investors. With great leadership and a solid business model, investors have followed CEO Richard Kinder for high capital gains and high dividends over the years. After an IPO in the last year, there are again three Kinder Morgan entities for investors to choose from. And now the group of entities has filed an automatic shelf registration statement which will allow each entity to raise up to $750 million in securities sales.
The larger filing was more broad but here is the breakdown of each:
Kinder Morgan Management, LLC (NYSE: KMR) $750 million
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) $750 million
Kinder Morgan, Inc. (NYSE: KMI) $750 million
As a reminder, automatic shelf registration statements do not always translate to immediate capital raises.
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