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Kinder Morgan Q2 profit beats estimates, records highest net income

7/24/2026

Summary

Kinder Morgan Beats

Kinder Morgan reported adjusted profit of 37 cents per share in Q2, beating the 32-cent estimate.
Quarterly revenue reached $4.47 billion and adjusted EBITDA $2.2 billion, both above analysts’ forecasts.
Net income hit $867 million, the highest ever for a Kinder Morgan quarter.
The company placed $660 million of expansion projects in service, including the Gulf Coast Express pipeline.
Its project backlog stood at $9.6 billion, with 92% tied to natural-gas projects.

Summary

US Gas Rises

US natural-gas futures rose to $2.92 per MMBtu, the highest level in two weeks.
Forecasts predict temperatures above normal through August 7, likely raising power-plant demand for air-conditioning.
The Energy Information Administration reported a 32 bcf gas injection for the week ended July 17, above the five-year average of 30 bcf.
Liquefied natural gas (LNG) export flows fell to 17.2 bcfd in July, partly due to Freeport LNG maintenance and Tropical Storm Bertha.

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Kinder Morgan Beats

Kinder Morgan reported adjusted profit of 37 cents per share in Q2, beating the 32-cent estimate.
Quarterly revenue reached $4.47 billion and adjusted EBITDA $2.2 billion, both above analysts’ forecasts.
Net income hit $867 million, the highest ever for a Kinder Morgan quarter.
The company placed $660 million of expansion projects in service, including the Gulf Coast Express pipeline.
Its project backlog stood at $9.6 billion, with 92% tied to natural-gas projects.

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