Sign Up
Stories
Kinder Morgan to Acquire NextEra Energy Partners' Gas Pipelines in Texas
Share
Kinder Morgan to Acquire NextEra Energy ...
Kinder Morgan to Acquire NextEra Energy ...
Kinder Morgan to Acquire NextEra Energy ...
Overview
API
Kinder Morgan, a U.S. pipeline operator, will acquire NextEra Energy Partners' gas pipelines in South Texas for $1.82 billion, representing a 10 times multiple on the estimated core profit. This consolidation in the oil and gas pipeline business is driven by growing U.S. production and permit-related issues for new pipelines.
Ask a question
How might the decline in NextEra Energy Partners' shares affect the company's future?
How will the acquisition of NextEra Energy Partners' gas pipelines impact Kinder Morgan's operations?
What are the potential challenges and opportunities for Kinder Morgan in the consolidated oil and gas pipeline industry?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Coverage
www.c