Energy: On Sale for $3.5 Billion -- The Trans Mountain Pipeline
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 7 June 2018
⏱️ 25 minutes
🧾️ Download transcript
Summary
After facing continuing construction delays caused by political challenges and permitting concerns, Kinder Morgan sold its Trans Mountain Pipeline and expansion project to the Canadian government. We discuss what that means for the company's future prospects. Ticker (NYSE: KMI)
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Transcript
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| 0:00.0 | Thanks to LinkedIn for supporting Motley Fool. |
| 0:02.4 | The best place to find great talent for your hiring needs is LinkedIn. |
| 0:05.8 | In fact, 70% of the US workforce is already on LinkedIn. |
| 0:09.6 | For a $50 credit towards your first job post, |
| 0:12.0 | visit LinkedIn.com slash fall terms and |
| 0:14.3 | conditions apply. Welcome to industry focus the show that dives into a different |
| 0:19.9 | sector of the stock market every day. Today we're talking energy and |
| 0:22.8 | industrial. It's Thursday the 7th of June and we are discussing the trans |
| 0:27.2 | mountain pipeline drama and a little bit about OPEC too. I'm your host Sarah |
| 0:32.1 | Priesse and joining me in the studio is |
| 0:33.4 | Motley Fall Canada premium analyst Taylor Mukman Taylor welcome back to the |
| 0:37.2 | studio it's been too long I know a few weeks have gone by since we last |
| 0:41.2 | joined each other here you've've been traveling, you've |
| 0:43.7 | hiked, you've done all kinds of things. The caps are in the playoffs. |
| 0:47.1 | Yeah, I'm not, that doesn't really matter to me but I know Austin behind the |
| 0:50.4 | glass is probably freaking out, not even remembering what happens until tomorrow |
| 0:54.9 | evening. |
| 0:57.1 | I have to tell you that we had our full first week which is our kind of annual festival |
| 1:02.1 | for all our members and a lady came up to me I |
| 1:05.1 | didn't ask her for her name which was very rude I should have asked but she did say |
| 1:08.4 | that you have a lovely voice so there you go that's interesting because Dan Boyd has told me the exact opposite. |
| 1:15.0 | So you have an expert. |
... |
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