Kinder Morgan Inc. Reports Q1 2025 Results: Revenues Steady at $213M, Net Income Falls to $92M

Reuters
11 Jun
Kinder Morgan Inc. Reports Q1 2025 Results: Revenues Steady at $213M, Net Income Falls to $92M

Kinder Morgan Inc. has released its financial results for the first quarter of 2025. The company reported revenues of $213 million, a slight decrease from the $214 million reported in the same period in 2024. Net income for the quarter was $92 million, down from $101 million in the previous year. Operating costs and expenses totaled $110 million, an increase from $101 million in the same period last year. The increase in costs was primarily due to higher general and administrative expenses, which rose from $12 million to $14 million. Interest expenses remained consistent at $12 million. There were no significant changes in cash and cash equivalents, with the balance remaining at $0 at both the beginning and end of the period. Capital expenditures for the quarter were $34 million, consistent with the previous year. The company provided no specific outlook or guidance for future periods in this release.

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