Power infrastructure firm Kinder Morgan Inc. (NYSE: KMI) on Thursday reported increased income and adjusted earnings for the second quarter of fiscal 2025. The highest line exceeded analysts’ forecasts.
The corporate’s adjusted earnings climbed 12% to $0.28 per share in Q2 from $0.25 per share within the year-ago quarter. Web earnings attributable to shareholders, on an unadjusted foundation, was $715 million or $0.32 per share within the June quarter, in comparison with $575 million or $0.26 per share in Q2 2024.
“The corporate generated sturdy second quarter web earnings attributable to KMI and document Adjusted EBITDA, with elevated monetary contributions from our Pure Gasoline Pipelines and Terminals enterprise segments versus the second quarter of 2024, very sturdy operational efficiency and venture execution,” mentioned Kinder Morgan’s CEO Kim Dang.
Kinder Morgan reported revenues of $4.04 billion for the second quarter of FY25, in comparison with $3.57 billion within the corresponding interval final 12 months. Q2 adjusted EBITDA was $1.97 billion, up 6% from the second quarter of 2024.
The agency additionally introduced a money dividend of $0.2925 per share for the second quarter, representing a 2% enhance over the comparable interval of 2024. The dividend is payable on August 15, 2025, to stockholders of document as of the shut of enterprise on July 31, 2025.
