Top 5 Oil Stocks To Invest In 2015

Top 5 Oil Stocks To Invest In 2015: Kinder Morgan Management LLC (KMR)

Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (KMP), and manages and controls its business and affairs pursuant to a delegation of control agreement. Kinder Morgan G.P., Inc., of which Kinder Morgan, Inc. indirectly owns all of the outstanding common equity, is the general partner of Kinder Morgan Energy Partners, L.P. (KMP). Kinder Morgan G.P., Inc., pursuant to a delegation of control agreement among the Company, Kinder Morgan G.P., Inc. and KMP, has delegated to the Company, to the fullest extent permitted under Delaware law and KMPs limited partnership agreement, all of its rights and powers to manage and control the business and affairs of KMP, subject to the general partners right to approve specified actions.

KPM is a pipeline limited partnerships in the United States. KMP owns an investment in or operates approximately 28,000 miles of pipelines and 180 terminals. Its pipelines transport products, such a s natural gas, crude oil, gasoline, and CO2, and its terminals store petroleum products and chemicals and handle materials like coal. Almost all of Kinder Morgan assets are owned by KMP, KMP operates in five business segments : Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada.

Kinder Morgan is a transporter and marketer of carbon dioxide in North America. It delivers approximately 1.3 billion cubic feet per day of CO2 through about 1,300 miles of pipelines. It is an oil producer in Texas, producing over 55,000 barrels of oil per day at the SACROC Unit and the Yates Field in the Permian Basin. In addition to CO2 pipelines and oil producing fields, this business segment owns interests in and operates CO2 source fields, natural gas and gasoline processing plants, and a crude oil pipeline. Kinder Morgan owns and operates approximately 24,000 miles of gas pipelines in the Rocky Mountains, the Midwest and Texas. Throu! gh its Products P ipelines business unit, it transports over two million barrels per day of gasoline, jet fuel, diesel, natural gas liquids and other fuels through more than 8,000 miles of pipelines. The Company also has approximately 50 liquids terminals in this business segment that store fuels and offer blending services for ethanol and other products.

Kinder Morgan have more than 180 terminals that store petroleum products and chemicals, and handle bulk materials like coal, petroleum coke and steel products. Kinder Morgan operates a number of pipeline systems and terminal facilities in Canada including the Trans Mountain pipeline, the Express and Platte pipelines, the Cochin pipeline, the Puget Sound and the Trans Mountain Jet Fuel pipelines, the Westridge marine terminal, the Vancouver Wharves terminal in British Columbia and the North Forty terminal in Edmonton, Alberta.

Advisors' Opinion:

• [By Dimitra DeFotis]

  Kinder Morgan’s corporate structure is convoluted.Kinder Morgan is the general partner, which reaps distributions from underlying businesses. It pays a 4.2% yield. Kinder Morgan Energy Partners,the main pipeline MLP enterprise, pays a 6.5% yield in the form of a cash distribution like most MLPs. Kinder Morgan Management(KMR) was created to pay distributions in shares given the tax-and-accounting headaches of MLPs. But KMR still offers tax deferrals. Following an acquisition, Kinder also controlsEl Paso Pipeline Partners(EPB), whose yield is 5.7%. Kinder’s chief financial officer said that the enterprises could be combined at some point. Post from the industry’s biggest conference in Mayhere.

• [By Igor Greenwald]

  Let’s move beyond the headlines. On Sunday, KMI announced a deal to buy outKinder Morgan Energy Partners(NYSE: KMP), its dividend-paying proxyKinder Morgan Management(NYSE: KMR) andEl Paso Pipeline Partners(NYSE: EPB) in mostly-equity deals at premiums ranging from 12% for KMP to 16.5% for KM! R based o! n the Aug. 8 closing prices.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-oil-stocks-to-invest-in-2015-2.html