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Kinder Morgan Reports Net Income of $703 Million in Q1 2023

Kinder Morgan Reports Net Income of $703 Million in Q1 2023

Revenues Amount to $3.9 Billion for Kinder Morgan in Q1 2023

By USInMinutes
Published - Jul 21, 2023, 02:35 PM ET
Last Updated - Jul 21, 2023, 02:35 PM EDT

Kinder Morgan, Inc.(KMI), a leading energy infrast ructure company, has released its financial statements for the first quarter ended March 31, 2023. The company reported a net income of $703 million for the quarter, showcasing strong financial performance. Additionally, Kinder Morgan generated total revenues of $3.9 billion during the same period, reflecting the company's robust revenue streams.

Net Income of $703 Million in Q1 2023

During the three months ended March 31, 2023, Kinder Morgan achieved a net income of $703 million, signaling a solid start to the year. Comparatively, the company had recorded a net income of $684 million during the same period in the previous year. This represents an increase in net income, highlighting the company's continued growth and efficiency in managing its operations.

Revenues Amount to $3.9 Billion for Kinder Morgan in Q1 2023

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