Gas a Winner for Kinder Morgan Despite Year of Financial Setbacks

摘要

Natural gas was a bright spot of sorts for midstream energy giant Kinder Morgan in what was otherwise a dismal 2015. The infrastructure mega-company suffered a series of setbacks last year, and management has warned that the hard times may not be over for a while. The company's stock price has plummeted in a sector-wide sell-off as growth in the US midstream energy business came to a halt, forcing Kinder Morgan to cut its dividend in half.