Growth plans in focus as Kinder Morgan set to kick off midstream earnings season

摘要

One of Kinder Morgan’s new Permian gas pipelines is in service and itsfirst LNG export facility is shipping cargoes as the midstream operatorprepares to release its financial results for the final three months of2019 on Wednesday.As earnings reporting season kicks off for the sector, the marketwill be focused on the impact weak natural gas prices are expected tohave on growth opportunities.The extent to which spending on new capital projects is reduced andregulatory challenges slow the completion of pipeline, processing andliquefaction facilities also will be factors in how midstream companies areevaluated. Much could depend on producer sentiment, as utilization ofmidstream infrastructure depends in part on output levels.