Kinder Morgan Announces the Promotion of $ 1.7 B Gas Pipeline in Texas

On By Littum

Kinder Morgan KMI, a Houston-based Midstream Energy Company, has announced that it will move forward with its $ 1.7 billion Trident Intrastate Pipeline Project in Katy, TX. When completed, this ambitious pipeline transports at 216 km, 1.5 billion cubic foot natural gas per year. Day to Port Arthur. The project is scheduled to go alive in the first quarter of 2027, conditional on securing the necessary permits and approvals.

CEO Kim Dang emphasized that pipeline development is strongly linked to the rising energy needs of Texas’ growing AI data center sector, which has been a significant driver for the project. Kinder Morgan has already secured long-term contracts for the pipeline and two other major natural gas projects-South System Expansion 4 and Mississippi Crossing-with a total expected cost of around $ 5 billion.

In his involvement in responsible development, Kinder Morgan emphasized that Trident Intrastate Pipeline Project is supported by long -term contracts. In addition, the company is working closely with affected landowners to tackle concerns about the pipeline route and construction.

The Trident project is part of a broader trend in Texas, which announces several energy infrastructure developments. Last month, the energy transfer approved the final investment decision for Hugh Brinson pipeline, which will deliver 2.2 billion cubic feet per year. Day natural gas to the area Dallas-Fort Worth.

Similarly, Whitewater Midstream revealed plans for a 2.5 billion cubic foot per day. Day pipeline connecting Permian Basin with a gas hub near Corpus Christi. These projects reflect the growing demand for natural gas in Texas and the ongoing efforts to expand the state’s energy infrastructure.

As Kinder Morgan moves on with Trident Pipeline, the company places itself to meet the future energy needs for both industrial growth and the digital economy, which strengthens Texas’ role as a critical player in the US energy landscape.

Kinder Morgan is currently carrying a Zacks -rang # 2 (purchase).

Investors who are interested in the energy sector may look at some other top -ranked shares that Sm Energy Company Sm, Sunoco LP Sun and Range Resources Corporation RRC. While SM Energy and Sunoco are currently spending a Zack’s Rank # 1 (Strong Buy) each, Range Resources has a Zack’s Rank No. 2. You can see The complete list of today’s Zacks #1 rankings here.

SM Energy is set to expand its oil-centered operations in the coming years with an increasing focus on crude oil, especially in the Permian Basin and the Eagle Ford regions. The company’s attractive oil and gas investment should create long-term value for shareholders.