The Motley Fool - Kinder Morgan Energy Partners (NYSE: KMP - News) is the master limited partnership (MLP) branch of Kinder Morgan (NYSE: KMI - News). An MLP is a legal structure that offers tax benefits to investors for certain kinds of assets, including pipelines. Kinder Morgan Energy competes with other MLPs like Enterprise Products Partners (NYSE: EPD - News), Magellan Midstream Partners (NYSE: MMP - News), and the pipeline operations of integrated oil companies like BP (NYSE: BP - News).
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Kinder Morgan Energy on the Move
(The Motley Fool)