Kinder Morgan will go forward with a $1.7 billion Trident Intrastate Pipeline from Katy, Texas to Port Arthur.

Kinder Morgan's (NYSE: KMI) 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. It reported strong earnings growth and unveiled another major new expansion project.

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Kinder Morgan , Inc. (NYSE:KMI), a leading North American energy infrastructure company with a market capitalization of $67.7 billion, finds itself at a crossroads as it navigates through a complex landscape of commodity price fluctuations and long-term growth opportunities.