BNET Industries

Market Cap:$4.0B
  • Public
  • US
Dow Jones Description

Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P., and manages and controls its business and affairs pursuant to a delegation of control agreement. As of December 31, 2006, the Company owned approximately 27% of Kinder Morgan Energy Partners, L.P.'s limited partner interests. Kinder Morgan Energy Partners, L.P. is the owner and operator of an independent refined petroleum products pipeline system in the United States. The Company's voting shares are owned by Kinder Morgan, G.P., Inc., an indirect wholly owned subsidiary of Kinder Morgan, Inc. and the general partner of Kinder Morgan Energy Partners, L.P. Kinder Morgan, Inc. wholly owns Kinder Morgan Energy Partners, L.P. Kinder Morgan, Inc. is an energy transportation, storage and distribution company operating, either for itself or on behalf of Kinder Morgan Energy Partners, L.P. On April 26, 2006, the Company formed Kinder Morgan Canada Terminals ULC.

Chairman & CEO
Richard D. Kinder
Number of Employees 10
Contact Information

500 Dallas Street

Suite 1000

Houston, Texas 77002

www.kindermorga...

(713) 369-9000

NAICS Code Pipeline Transportation of Crude Oil: 486110

News & Analysis

kinder morgan management llc - All News and Analysis

Decision Makers

Name (plus bio) Position
Deborah A. Macdonald President, Natural Gas Pipelines
Michael C. Morgan President
C. Park Shaper CFO, Executive Vice President & Treasurer
David D. Kinder Vice President, Corp Development
James E. Street Vice President, HR & Admin
Joseph Listengart General Counsel, Vice President & Secretary

Board of Directors

Name (plus bio) Position
Richard D. Kinder Chairman & CEO
Edward O. Gaylord Board of Directors
Gary L. Hultquist Board of Directors
Perry M. Waughtal Board of Directors

Richard D. Kinder is Chairman and CEO of Kinder Morgan, one of the largest pipeline transportation and energy storage companies in North America. The Kinder Morgan companies include Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Kinder Morgan Management, LLC (NYSE: KMR) and Knight Inc. (formerly Kinder Morgan, Inc), a private entity. Through his leadership, Kinder Morgan has grown from a small company with 150 employees and an enterprise value of $325 million in February 1997 to an organization with approximately 7,500 employees and an enterprise value of over $20 billion today. During the past 12 years, Kinder Morgan Energy Partners (NYSE: KMP) has produced a compound annual return of 25 percent to unitholders. Kinder Morgan is one of Fortune magazine’s Most Admired Companies in America and has been ranked #1 in the “Pipeline Category” for several years. In 2008 Kinder Morgan was also recognized by Fortune as the top company among all industries for “Quality of Management.” Mr. Kinder, who receives a salary of $1 a year (no bonuses, stock options or restricted stock grants) is a past recipient of Morningstar’s CEO of the Year award. Mr. Kinder received his undergraduate and law degrees from the University of Missouri and served in Vietnam as a Captain in the U.S. Army. He is a life trustee of the Museum of Fine Arts in Houston. Kinder Morgan owns an interest in or operates approximately 36,000 miles of pipelines that transport primarily natural gas, refined petroleum products, CO2 and crude oil; and over 170 terminals that store, transfer and handle such products as gasoline, ethanol, coal, petroleum coke and steel. Knight owns the general partner interest of KMP, the largest publicly traded pipeline limited partnership in the United States with an enterprise value of over $20 billion. KMR is a limited liability company and its only significant assets are the partnership units it owns in KMP.

Organization Position Status
Kinder Morgan Management, LLC Chairman & CEO Current
Kinder Mortage Energy Partner Chairman & CEO Current
Kinder Morgan, Inc. Chairman & CEO Current
University of Missouri Degrees Former

Organization Position Status
Kinder Morgan Management, LLC President, Natural Gas Pipelines Current
Natural Gas Pipeline Company of America President Former

Organization Position Status
Kinder Morgan Management, LLC President Current
Kinder Morgan, Inc. Board of Directors Current

Organization Position Status
Kinder Morgan, Inc. President Current
Kinder Morgan Management, LLC CFO, Executive Vice President & Treasurer Current
Kinder Morgan Management, LLC Board of Directors Current
Kinder Morgan, Inc. CFO & Executive Vice President Former
Kinder Morgan, Inc. Board of Directors Former

Organization Position Status
Kinder Morgan, Inc. Vice President, Corp Development & Treasurer Current
Kinder Morgan Management, LLC Vice President, Corp Development Current

James E. Street is Vice President of Human Resources and Administration for Kinder Morgan, Inc. , Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and Kinder Morgan Management LLC (NYSE: KMR). He assumed that position in 1999, and is in charge of overseeing benefits, compensation, training, and payroll for the company's 9,000 employees. In addition, he is responsible for organization development, labor relations and negotiations, recruiting, EEO/AAP, facility management, purchasing and travel. Mr. Street's previous 20 years in the energy industry include a four-year stint as Senior Vice President, Human Resources and Administration, for Tejas Energy Company. Mr. Street holds a bachelor's degree in business administration from the University of Nebraska at Kearney and a master's degree in business administration, which he earned from the University of Nebraska at Omaha. Kinder Morgan owns an interest in or operates approximately 36,000 miles of pipelines that transport primarily natural gas, refined petroleum products, CO2 and crude oil; and over 170 terminals that store, transfer and handle such products as gasoline, ethanol, coal, petroleum coke and steel. Knight owns the general partner interest of KMP, the largest publicly traded pipeline limited partnership in the United States with an enterprise value of over $20 billion. KMR is a limited liability company and its only significant assets are the partnership units it owns in KMP.

Organization Position Status
Kinder Morgan Management, LLC Vice President, HR & Admin Current
Kinder Morgan, Inc. Vice President, HR Current

Organization Position Status
Kinder Morgan, Inc. General Counsel & Vice President Current
Kinder Morgan Management, LLC General Counsel, Vice President & Secretary Current

Organization Position Status
Kinder Morgan Management, LLC Board of Directors Current

Organization Position Status
Kinder Morgan Management, LLC Board of Directors Current

Organization Position Status
Kinder Morgan Management, LLC Board of Directors Current

Executive News

  • KMP Second Quarter Distribution $1.05 Per Unit

    Business Wire - 7/15/09 - View Story

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     KMR $48.37 -0.20 (-0.41% )
Average Volume 296,843
Shares Outstanding 83.75M
Market Cap 4.1B
Year High 50.26
Year Low 35.33
Earnings Per Share 0.65
P/E Ratio 74.42
Dividend N/A
Yield N/A
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