je.st
news
Financial woes confront firm behind New England gas pipeline
2015-12-14 17:48:58| Energy - Topix.net
Kinder Morgan Inc., the energy giant proposing gas pipelines in the Northeast, is grappling with financial woes linked to falling energy prices and a steep drop in its stock price, forcing it to find new sources of capital. The Houston-based company announced Tuesday a 75 percent cut in its quarterly dividend to 12.5 cents per share to conserve cash for financing expansion projects.
Tags: financial
firm
gas
england
Category:Energy and Environment
Latest from this category |
All news |
||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||