Kinder Morgan Partners (KMP) and Kinder Morgan (KMI) are reinstated at Overweight by Barclays,...

|By:, SA News Editor

Kinder Morgan Partners (KMP) and Kinder Morgan (KMI) are reinstated at Overweight by Barclays, which views the El Paso (EPB) acquisition as a "transformative transaction" for KMI. It expands KMI's footprint into key gas end markets, enhances an already high degree of cash-flow stability and increases dividend growth outlook. The deal benefits KMP by adding a $12B drop-down opportunity set.