Kinder Morgan Energy Partners has agreed to a $5 billion deal to buy Copano Energy , in addition to assuming Copano's debt in a complete unit for unit swap. This is a nice bolt-on addition, giving Kinder Morgan some very valuable additional assets, including 6,900 miles of pipeline, nine natural gas processing plants, and one fractionation facility. In this video, Motley Fool energy analyst Joel South tells investors what this means for Copano shareholders, and why these assets would fit nicely into the Kinder Morgan family.
It's easy to forget the necessity of midstream operators that seamlessly transport oil and gas throughout the United States. Kinder Morgan is one of these operators, and one that investors should commit to memory due to its sheer size - it's the fourth-largest energy company in the U.S. - not to mention its enormous potential for profits. In The Motley Fool's new premium research report on Kinder Morgan, our top energy analyst breaks down the company's growing opportunity, as well as the risks to watch out for, in order to uncover whether it's a buy or a sell. To determine whether this dividend giant is right for your portfolio, simply click here now to claim your copy of this invaluable investor's resource. As an added bonus, you'll receive a full year of key updates and guidance as news develops, so don't miss out!
The article Kinder Morgan Makes a Huge Acquisition originally appeared on Fool.com.
Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Kinder Morgan. The Motley Fool owns shares of Kinder Morgan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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