Kinder Morgan Boosts Working Storage Capacity On Its Texas Intrastate System
Portfolio Pulse from Nabaparna Bhattacharya
Kinder Morgan plans to expand the working gas storage capacity at its Markham Storage facility in Texas, providing electric service to over one million homes. The company has reached an agreement with Underground Services Markham, a Texas Brine Company subsidiary, for leasing an additional cavern.
June 01, 2023 | 1:47 pm
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Kinder Morgan's expansion of its Markham Storage facility will provide electric service to over one million homes in Texas, potentially increasing demand for its services.
The expansion of Kinder Morgan's Markham Storage facility will increase its working gas storage capacity, providing electric service to over one million homes in Texas. This could lead to increased demand for the company's services, positively impacting its stock price in the short term.
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