Website: N/A
Stock Symbol: NYSE: KGS
Market Value: N/A (in millions)
We are a publicly-traded master limited partnership engaged in the business of
gathering and processing natural gas and natural gas liquids, also known as
NGLs. We own assets in the Fort Worth Basin of North Texas which consist of a
pipeline system, referred to as the Cowtown Pipeline, and natural gas processing
facilities in Hood County, Texas, referred to as the Cowtown Plant. We provide
gathering and processing services primarily to Quicksilver, the owner of our
general partner and 72% of our common and subordinated limited partner units, as
well as other natural gas producers in this area. These services are provided
under fee-based contracts, whereby we receive fixed fees for performing the
gathering and processing services. We do not take title to the natural gas or
associated natural gas liquids that we gather and process and thus avoid direct
commodity price exposure.