Kinder Morgan merger creates energy giant
November 3, 2011 By Kevin Yanik
Kinder Morgan Inc. announces $38 billion acquisition of El Paso Corp.
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Kinder Morgan Inc. announces $38 billion acquisition of El Paso Corp.
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NGL Energy Partners acquired SemStream L.P., with plans to expand its midstream business.
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Superior Plus Energy Services acquired Elkhorn Propane of Warren, Pa.
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ThompsonGas-Southeast, a subsidiary of ThompsonGas, acquired Cooperative Propane and Fox Gas.
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Ferrellgas Partners L.P. acquired Economy Propane Inc., an independent propane retailer in Lakeport, Calif.
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NGL Energy Partners acquired New England-based E. Osterman Propane Inc.
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JP Energy Partners marks the company’s fifth acquisition in the past 12 months.
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A lot of factors inside the propane industry can make an owner think he should get out – and get out quickly. But those who work with propane industry acquisitions stress patience and sound decision making, especially when your own stress can become a heavy burden.
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Inergy Services plans to offer posting, index and fixed price programs to Mid-Atlantic buyers.
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EnviroGear will become a new brand of PSG.
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