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NextEra Energy Partners Posts $112MM Profit after Texas Pipeline Sale

NextEra Energy Partners performed at a loss but posted $112 million in net income for the fourth quarter thanks to holdovers from discontinued operations.

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Kinder Morgan Posts Lower Annual Profit on Higher Interests, Capex

Kinder Morgan saw higher interest expenses and sustaining capital expenditure offset higher activity.

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Kinder Morgan Completes Acquisition of South Texas Pipeline System

Kinder Morgan completed the purchase of NextEra Energy Partners gas pipeline system in South Texas, in a transaction worth $1.82 billion.

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Kinder Morgan Expects to Spend $2 3B in Capex for 2024

Kinder Morgan plans to invest $2.3 billion in capital next year, projecting a five percent growth in EBITDA.

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Kinder Morgan to Acquire South Texas Pipeline System

NextEra Energy Partners is selling STX Midstream for $1.82 billion.

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