S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Kinder Morgan Entities File To Raise Capital (KMR, KMP, KMI)

Photo of Jon C. Ogg
By Jon C. Ogg Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The Kinder Morgan group of companies (and entities) has been a serious money-maker through time for investors.  With great leadership and a solid business model, investors have followed CEO Richard Kinder for high capital gains and high dividends over the years.  After an IPO in the last year, there are again three Kinder Morgan entities for investors to choose from.  And now the group of entities has filed an automatic shelf registration statement which will allow each entity to raise up to $750 million in securities sales.

The larger filing was more broad but here is the breakdown of each:

Kinder Morgan Management, LLC (NYSE: KMR) $750 million

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) $750 million

Kinder Morgan, Inc. (NYSE: KMI) $750 million

As a reminder, automatic shelf registration statements do not always translate to immediate capital raises.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Continue Reading

Jon C. Ogg |

Secondary Offering Floodgates Open Wide (ARNA, BZH, FSS, GHL, KMP, KFN, PEI, RDN, RSG)

The secondary floodgates are reopening it seems.  That’s a bull market for you.  We have shares or units reacting against…
Jon C. Ogg |

Verizon Files To Raise Up to $10 Billion in Capital (VZ, T, VOD)

Verizon Communications Inc. (NYSE: VZ) may raise all of this or none of it.  The telecom giant filed its automatic…
Douglas A. McIntyre |

Energy Companies Raising More Cash (BRY, BWEN, KYN, MWE, REXX)

We have already seen a flood of secondary offerings from many companies in many sectors either sold or filed this…
Jon C. Ogg |

Does Google Need to Raise Capital? (GOOG)

The headlines throughout the day on internet stocks may read “Google Raising Cash” after its automatic shelf registration.  Google Inc.…
Jon C. Ogg |

Hot Kinder Morgan IPO, Closer & Closer (KMI, KMP, KMR)

Kinder Morgan, Inc. (NYSE: KMI) is soon to be public again.  We have covered this on multiple occasions and listed…
Jon C. Ogg |

Secondary Offerings Coming on Strong and Endless (BBEP, COF, EEP, HLS, HLSS, MERU, NEE, WCRX, Z)

When the market is strong, companies tend to raise capital. Or insiders decide to cash in some chips. We now…
Jon C. Ogg |

Stealth Capital Raise By Netflix (NFLX)

Netflix, Inc. (NASDAQ: NFLX) is showing that it is nowhere at all close to representing a “value stock” today as…
Jon C. Ogg |

Major Wave of Secondaries Hitting Market (DHR, VELT, BBEP, KMP, CPF, MHR, TCO, FVE)

Secondaries, Secondaries, and more Secondaries!!! Companies must be nervous about the market and picking up capital when and where they…
Moderna Commits to $500 Million Capital Raise, With More Possible
Jon C. Ogg |

Moderna Commits to $500 Million Capital Raise, With More Possible

Moderna Inc. (NASDAQ: MRNA) had been the biggest biotech initial public offering ever. The company was quite unlucky in the…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618