Richard D. Kinder, CEO of El Paso Pipeline Partners, L.P, bought 100,000 shares of El Paso Pipeline Partners, L.P, (Stock Symbol: EPB) at $30.04 per share for a total amount of $3,004,000 million on February 11, 2014
El Paso Pipeline Partners, L.P is located in Houston, Texas On January 15, 2014, El Paso Pipeline Partners, L.P El Paso Pipeline Partners Reports Quarterly Distribution of $0.65 Per Unit.
On January 15, 2014, El Paso Pipeline Partners, L.P announced its latest quarterly results. Cash distribution per common unit of $0.65 ($2.60 annualized) was payable on Feb. 14, 2014, to unitholders of record as of Jan. 31, 2014. This represents a 7 percent increase from the fourth quarter 2012 cash distribution per unit of $0.61 ($2.44 annualized) and remains flat from the third quarter 2013 distribution of $0.65 per unit. According to Capital IQ, El Paso Pipeline Partners, L.P (EPB) has a market cap of $6.65 billion, an enterprise value of $10.71 billion, and trailing 12 month revenues of $1.50 billion. El Paso Pipeline Partners, L.P. owns and operates interstate natural gas transportation and terminaling facilities in the United States. It owns interstate pipeline systems serving the Rocky Mountain region, Midwest region, and southeastern region, as well as LNG storage and regasification terminal near Savannah, Georgia. The company has approximately 13,000 miles of pipeline, as well as associated storage facilities with aggregate storage capacity of approximately 100 billion cubic feet. El Paso Pipeline, GP Company, L.L.C. serves as the general partner of the company. The company was founded in 2007 and is based in Houston, Texas. Mr. Kinder is 68 years old. According to his biography, Mr. Richard D. Kinder is Chairman of the Board, Chief Executive Officer of El Paso Pipeline GP Company, L.L.C., the General Partner of El Paso Pipeline Partners, L.P. Mr. Kinder has served as Director, Chairman and Chief Executive Officer of KMR since its formation in February 2001. He was elected Director, Chairman and Chief Executive Officer of Kinder Morgan G.P., Inc. in February 1997. He also served as Chief Manager, and as a member of the Board of Managers, of Kinder Morgan Holdco LLC from May 2007 until February 2011, and continued in the role of Chairman and Chief Executive Officer of KMI upon its conversion.
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