We continue to actively monitor the California wildfires and will work with our customers on any potential impacts', Kinder Morgan noted in a media statement sent to Rigzone.

Kinder Morgan 's ( KMI -0.97%) dry spell has come to an end. The natural gas pipeline company had struggled to grow in recent years because of headwinds from expiring contracts. However, those headwinds have given way to new growth tailwinds.

Read about Kinder Morgan's strong financial performance in Q4 and their new pipeline project, but why a hold rating is maintained due to valuation concerns.

A Houston-based midstream energy company will go forward with its $1.7 billion natural gas pipeline that will be located right in the city's backyard. Kinder Morgan announced that the 216-mile Trident Intrastate Pipeline will be built in Katy and bring 1.