Kinder Morgan rises as annual profit forecast remains unchanged
ReutersApr 17, 2025 2:54 PM
Shares of Kinder Morgan KMI.N rise 1.6% to $27.35
The pipeline operator left its annual profit forecast unchanged on Wednesday, relying on the anticipated increase in natural gas demand, despite uncertainties from President Donald Trump's tariffs
KMI expects to post an adjusted profit of $1.27 per share in 2025
RBC Capital Markets says KMI will continue to benefit from increasing natural gas demand in the longer-term, which should provide incremental growth opportunities
KMI reported Q1 adjusted profit of 34 cents/share vs analysts' estimate of 35 cents/share - data compiled by LSEG
Including session's moves, shares down 4.2% YTD
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