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Kinder Morgan Management LLC Management Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: KMR

Kinder Morgan Management LLC (KMR)

Q2 2012 Earnings Call

July 18, 2012 4:30 pm ET

Executives

Richard D. Kinder - Chairman and Chief Executive Officer

Kimberly Allen Dang - Chief Financial Officer, Principal Accounting Officer and Vice President

David D. Kinder - Vice President of Corporate Development and Treasurer

Richard Tim Bradley - President of Co2 Pipelines for Kinder Morgan GP Inc and Vice President of Kinder Morgan GP Inc

Analysts

Theodore Durbin - Goldman Sachs Group Inc., Research Division

Darren Horowitz - Raymond James & Associates, Inc., Research Division

Stephen J. Maresca - Morgan Stanley, Research Division

John Edwards - Crédit Suisse AG, Research Division

John K. Tysseland - Citigroup Inc, Research Division

Curt N. Launer - Deutsche Bank AG, Research Division

Harry Mateer - Barclays Capital, Research Division

Presentation

Operator

Welcome to the Quarterly Earnings Conference Call. [Operator Instructions] This call is also being recorded. If you have any objections, please disconnect now. I would now like to turn the conference over to your host, Mr. Rich Kinder, Chairman and CEO of Kinder Morgan. You may begin, sir.

Richard D. Kinder

Okay. Thank you, Holly. This is the Kinder Morgan earnings call and, as usual, we'll be making statements that may fall within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Now that we have closed the El Paso merger, we'll be talking about 3 entities: KMI, Kinder Morgan, Inc.; KMP, Kinder Morgan Energy Partners; and EPB, Enron -- I mean, El Paso Pipeline Partners. In addition, of course, there's a fourth security, KMR, which is the equivalent of KMP, but is -- pays its dividends in FICC and is suitable for investors who do not want to hold an MLP.

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