BUZZ-Kinder Morgan rises as annual profit forecast remains unchanged

Reuters2025-04-17

** 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

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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