Kinder Morgan Inc. has released its financial results for the first quarter of 2025. The company reported revenues of $213 million, a slight decrease from the $214 million reported in the same period in 2024. Net income for the quarter was $92 million, down from $101 million in the previous year. Operating costs and expenses totaled $110 million, an increase from $101 million in the same period last year. The increase in costs was primarily due to higher general and administrative expenses, which rose from $12 million to $14 million. Interest expenses remained consistent at $12 million. There were no significant changes in cash and cash equivalents, with the balance remaining at $0 at both the beginning and end of the period. Capital expenditures for the quarter were $34 million, consistent with the previous year. The company provided no specific outlook or guidance for future periods in this release.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinder Morgan Inc. published the original content used to generate this news brief on June 10, 2025, and is solely responsible for the information contained therein.
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