The most recent stock price for Kinder Morgan Energy Partners LP, which traded under ticker symbol KMP, is available online from Yahoo! Finance. The last reported stock price for KMP was $102.03 on Nov. 26, 2014.Continue Reading
KMP merged with Kinder Morgan, Inc., trading as KMI, according to Kinder Morgan. At the time of the merger, shareholders were able to choose how their holdings were reallocated in the new company. Each share could be sold for $91.72 or traded in for 2.4849 shares of Kinder Morgan stock, or shareholders could choose to partially sell and partially trade stock for $10.77 plus 2.1931 shares in Kinder Morgan.
The November 2014 Kinder Morgan merger also included El Paso Pipeline Partners, according to MarketWatch. The resulting merged company is the largest midstream energy company in North America, as of July 2015. Midstream energy companies store and transport energy products between energy producers and consumers, according to Yahoo! Finance.
Kinder Morgan states that it owns an interest in or operates oil and gas pipelines with a combined length of 80,000 miles. In addition to transporting energy products, Kinder Morgan uses its 180 terminals to store chemicals and petroleum products and to handle other products such as coal and steel.Learn more about Investing