Kinder Morgan Energy Partners (KMP) reported its third quarter results of 40 cents per limited partner unit versus the Zacks Consensus Estimate of 38 cents and year-earlier earnings of 54 cents. All the business segments experienced year over year growth except for the CO2 business, which was negatively impacted by significantly lower crude oil prices. Importantly, the partnership increased its quarterly distribution by 3% to $1.05 per unit ($4.20 annualized) from $1.02 per unit ($4.08 annualized) in the year-ago quarter. The new distribution is payable on Nov 13 to unitholders of record on Oct 30, 2009. Kinder Morgan’s distributable cash flow for the quarter before one-time items was $320 million, up 14% year over year. Distributable cash flow per unit was $1.12, up nearly 3% year over year. The Product Pipeline segment registered earnings before depreciation, ...

Octillion Corp. operates through its subsidiaries to identify, acquire, develop and market alternative and renewable energy technologies. The company works with universities, research institutions, start-up companies and government agencies to find those technologies to meet the renewable energy market’s demand and needs.

The company today announced it will expand its product development pipeline to include technologies capable of producing clean electricity derived from kinetic energy of moving vehicles such as cars, buses, trucks, trains and rapid transit. Paired with this immediate expansion plan, the company recently formed a new, wholly-owned subsidiary, Kinetic Power Corp., focused on capturing the kinetic energy of moving vehicles.

“In the United States, nearly 70 percent of our electricity is generated by coal and natural gas, according to the U.S. Energy Information Administration,” Nicholas Cucinelli, president and CEO of Octillion stated in the press release. “The environmental impact and rising costs of these non-renewable fuels, along

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