Kinder Morgan: The Texas’ Freeze Winner
- Saturday, April 24, 2021, 7:14
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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.
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