COVID Stimulus Watch Individual Entry

Recipient Company:
Southern Natural Gas Co LLC / Southern Natural Issuing Corp
Loan or Loan Guarantee Amount:
$1,029,403

Recipient Details

Ownership Structure: publicly traded (ticker symbol KMI)

Award Details

Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Kinder Morgan
Headquartered in: Texas
Parent Sector: pipelines
Parent Industry: pipelines
Employees (prior to pandemic): 11,086

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $3,147,011
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $33,033,676
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 11 to 1
CEO Compensation: $1,206,135
Worker Median Pay: $111,546
Tax icon
Total Federal, State, and Local Subsidies: $124,296,627
Federal Corporate Income Tax Rate: -1.2%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources