Third-quarter net income was $124.8 million, or $1.01 a share, compared to $111.9 million, or 90 cents a share, during last year's quarter.
The company's stake in Kinder Morgan Partners contributed $144.2 million, up 18% from $122.1 million a year ago.
KMP's recent purchase of Canadian Terasen is slated to close by the end of the year, adding about 6 to 8% for Kinder Morgan shareholders in 2006.
On
