Kinder Morgan Q3 revenue beats estimates on higher volumes of natural gas transportation

Kinder Morgan

22/10/2025 21:17

Overview

Kinder Morgan Q3 revenue beats analyst expectations

Net income for Q3 slightly increases to $628 mln from $625 mln in 2024

Company raises Q3 dividend by 2% to $0.2925 per share

Outlook

Company expects 2025 net income of $2.8 bln, up 8% from 2024

Kinder Morgan projects 2025 adjusted EPS of $1.27, a 10% increase

Company anticipates 2025 adjusted EBITDA of $8.3 bln, up 4%

Result Drivers

NATURAL GAS PIPELINES - Increased financial contributions from Natural Gas Pipelines due to higher transport volumes and new contracts

PRODUCTS PIPELINES - Higher transport rates and improved commodity price impact boosted Products Pipelines segment

LNG DEMAND - Strong LNG demand and expansion projects drive growth in natural gas transport volumes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$4.14 bln
$4.06 bln (9 Analysts)
Q3 Adjusted EPS
Meet
$0.29
$0.29 (15 Analysts)
Q3 EPS
$0.28
Q3 Adjusted Net Income
$648 mln
Q3 Dividend
$0.29


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Kinder Morgan Inc is $31.00, about 11.3% above its October 21 closing price of $27.50

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBwc82czpa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)