Kinder Morgan Says It Anticipated Arch Coal Deal Rejection

Updated on
  • Arch shipments account for less than 1 percent of Ebitda: KMI
  • Coal producer paid $40 million-$50 million annually to Kinder

Kinder Morgan Inc. said the cancellation of a storage contract by a bankrupt coal producer accounts for less than 1 percent of earnings and had already been factored into the company’s financial plans.

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