From Financial Modeling Prep: 2025-04-17 14:27:00

Kinder Morgan (NYSE:KMI) had a mixed first quarter, beating revenue expectations but falling slightly short on earnings. The company reaffirmed its full-year outlook, showing steady operational progress. Shares are up over 2% intra-day.

Adjusted earnings were $0.34 per share, just below the expected $0.35. Revenue reached $4.24 billion, surpassing the estimated $4.08 billion.

Natural gas pipelines performed well, driven by gains in the Texas Intrastate system and Tennessee Gas Pipeline. Natural gas transport volumes rose by 3% due to increased demand from LNG exports and power generation.

Kinder Morgan maintained its 2025 guidance, with adjusted earnings per share forecasted at $1.27, slightly below the market estimate. The annual dividend will increase by 2% to $1.17 per share. Adjusted EBITDA is expected to grow 4% to $8.3 billion, reflecting ongoing infrastructure investments.



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