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Kinder Morgan Lands Bakken Position with $3 Billion Purchase
Richard Kinder to Step Down from CEO Position Kinder Morgan (ticker: KMI) may have the longest gas pipeline network in North America, but the continent’s third largest energy company (based on enterprise value), surprisingly, did not have a stake in the Williston Basin. That is, until yesterday. The midstream giant entered the Bakken with the $3.0 billion purchase of Hiland