update..January 5, 2015 StateImpact Pennsylvania – (Pennsylvania) DEP fines $745,000 Kinder Morgan for Philadelphia storage tank violations. https://stateimpact.npr.org/pennsylvania/2016/01/05/dep-fines-kinder-morganfor-philadelphia-storage-tank-violation
Eventually the valuations of midstream/pipeline operators for fossil fuels succumbed to the downturn in the market price in the energy sector. I blogged about this on 12/9/15 where “hurting” happened to Dallas based Energy Transfer Partners when Kinder Morgan initiated a dividend cut.
Turns out based on this 12/19/15 article ….
Kinder on losing end of recent lawsuits …
that Kinder has also been under litigation and pulled a “Chesapeake-royalty shorting” with the difference being Kinder was in litigation for overcharging …“According to court filings, the company improperly tabbed pipeline-maintenance funds as expenses to inflate its take”.