Kinder Morgan Inc. FY2025 distributions drop 70.5% to USD 549 million

Reuters
Feb 07
Kinder Morgan Inc. FY2025 distributions drop 70.5% to USD 549 million

Kinder Morgan Inc. reported full year (FY) 2025 revenues of USD 663 million for its Southern Natural Gas Company, L.L.C. and subsidiary. Net income for the same period was USD 254 million. Contributions for FY 2025 amounted to USD 148 million, while distributions totaled USD 549 million. The company’s primary business continues to be the interstate transportation and storage of natural gas, with a pipeline system comprising approximately 6,830 miles and a design capacity of about 4.4 billion cubic feet per day. Southern Natural Gas Company, L.L.C. is jointly owned, with 50 percent interest held by Kinder Morgan SNG Operator, LLC, an indirect subsidiary of Kinder Morgan Inc., and 50 percent by Evergreen Enterprise Holdings, LLC, an indirect subsidiary of The Southern Company. The company remains regulated by the Federal Energy Regulatory Commission under several federal statutes. The latest financial statements also highlight significant transactions with related parties during the period.

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