European Investor
17 Jul 2025, 09:39
Kinder Morgan Reports Q2 2025 Earnings Growth and Expands Project Backlog
Kinder Morgan (NYSE: KMI) posted strong second-quarter results, with net income rising 24% to $715 million and adjusted EPS up 12% year-over-year. Adjusted EBITDA reached a record $1.97 billion, driven by gains in its Natural Gas Pipelines and Terminals segments.
The company added $1.3 billion to its project backlog, now totaling $9.3 billion, and placed $750 million in new projects into service. It also announced a quarterly dividend of $0.2925 per share, a 2% increase from the prior year.
CEO Kim Dang highlighted growing LNG demand and the supportive U.S. regulatory environment, noting the company expects to transport nearly 12 Bcf/d of gas to LNG terminals by 2028. Kinder Morgan also generated $1.6 billion in cash flow from operations and ended the quarter with a net debt-to-adjusted EBITDA ratio of 4.0.
Kinder Morgan (NYSE: KMI) posted strong second-quarter results, with net income rising 24% to $715 million and adjusted EPS up 12% year-over-year. Adjusted EBITDA reached a record $1.97 billion, driven by gains in its Natural Gas Pipelines and Terminals segments.
The company added $1.3 billion to its project backlog, now totaling $9.3 billion, and placed $750 million in new projects into service. It also announced a quarterly dividend of $0.2925 per share, a 2% increase from the prior year.
CEO Kim Dang highlighted growing LNG demand and the supportive U.S. regulatory environment, noting the company expects to transport nearly 12 Bcf/d of gas to LNG terminals by 2028. Kinder Morgan also generated $1.6 billion in cash flow from operations and ended the quarter with a net debt-to-adjusted EBITDA ratio of 4.0.