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Share Name | Share Symbol | Market | Type |
---|---|---|---|
EL Paso Corp. (Holding Co.) | NYSE:EP | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 28.75 | 0.00 | 01:00:00 |
S&P Indices said Kinder Morgan Inc. (KMI) will replace its acquisition target, El Paso Corp. (EP), in the S&P 500 index after next Thursday's market close.
Kinder Morgan's shares jumped 3.8% after hours to $34.24. The stock as of Thursday's close was up 2.6% so far this year.
Kinder Morgan, a pipeline transportation and storage company, last year agreed to acquire El Paso, which operates a network of interstate natural-gas pipelines in North America, for $21 billion. The deal is expected to close next Thursday, May 24.
Kinder Morgan will also be added to the S&P 500 GICS Oil & Gas Storage & Transportation Sub-Industry index.
-By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108; ben.rubin@dowjones.com
1 Year El Paso Chart |
1 Month El Paso Chart |
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