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EP EL Paso Corp. (Holding Co.)

28.75
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
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

Kinder Morgan To Replace El Paso In S&P 500 Next Week

17/05/2012 11:50pm

Dow Jones News


El Paso (NYSE:EP)
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From May 2019 to May 2024

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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 

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