Kinder Morgan 1Q14 Update: Marcellus/Utica Important to Company

Kinder Morgan, the country’s largest midstream company and third largest energy company of any kind, issued an update yesterday on first quarter operations. The company reports that for the 51st consecutive time since 1997 the company is increasing their quarterly distribution to shareholders (technically unit holders). Kinder Morgan is the owner of the Tennessee Gas Pipeline, among other assets in the Marcellus and Utica region. According to yesterday’s update, the Marcellus and Utica play an increasingly important role for the company.

We’ve selected out sections from the update that mention the Marcellus and/or Utica, so you’re quickly up to date on Kinder’s operations in the northeast…

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