#25. Fayez Sarofim Buys $13.5M of KINDER MORGAN, INC. latest buy: 06/04/2014
During the last six months, Sarofim bet big on KMI:
Kinder Morgan owns and manages energy transportation and storage assets. Co. owns or operates an interest in pipelines that transport natural gas, gasoline, crude oil, carbon dioxide (CO2) and other products, and terminals that store petroleum products and chemicals and handle such products as ethanol, coal, petroleum coke and steel. Co. has the following business segments: Natural Gas Pipelines, CO2-Kinder Morgan Energy Partners, L.P. (KMP), Products Pipelines-KMP, Terminals-KMP, Kinder Morgan Canada-KMP, and other. As of Dec 31 2013, Co. had total proved reserves of 107.0 million barrels of crude oil, 14.8 million barrels of natural gas liquid, and 2.07 billion cubic feet of natural gas.
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