Kinder Morgan Energy Partners LP (KMP), Kinder Morgan Inc (KMI), Kinder Morgan Management, LLC (KMR): Why You Should Get to Know the Kinder Morgan Family

To fulfill that demand, Kinder Morgan created Kinder Morgan Management, LLC (NYSE:KMR), which shares the same distribution level as the limited partnership, but owners receive the distribution in shares instead of cash. Therefore, there’s no need for a K-1 statement, and there’s no risk of UBTI headaches.

Kinder Morgan:  A great business, no matter how you slice it
Consider that Kinder Morgan Energy Partners LP (NYSE:KMP) has delivered a 25% average annual returns since 1997. Kinder Morgan Management, LLC (NYSE:KMR) is no slouch, either:  It’s returned 15% per year on average since its 2001 initial public offering. And, although Kinder Morgan has only traded since its 2011 IPO, the stock is up a healthy 13% since then — not including its hefty 4.5% yield.

Kinder Morgan Inc (NYSE:KMI), in all of its various entities, is admittedly complicated on the surface. However, once you dig deeper and get to know the company and its various securities, you’ll find a lot to like. All Kinder Morgan publicly traded businesses have strongly rewarded investors since their inception. If you’re an energy-sector enthusiast, get to know the Kinder Morgan family of stocks.

The article Why You Should Get to Know the Kinder Morgan Family originally appeared on Fool.com and is written by Robert Ciura.

Robert Ciura owns shares of Kinder Morgan Energy Partners LP. The Motley Fool recommends El Paso Pipeline Partners LP and Kinder Morgan. The Motley Fool owns shares of Kinder Morgan.

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