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Investing

Kinder Morgan Entities File To Raise Capital (KMR, KMP, KMI)

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By Jon C. Ogg Published

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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Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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