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Kinder Morgan forecasts higher profit in 2025

by December 9, 2024
written by December 9, 2024

(Reuters) – Kinder Morgan (NYSE:KMI) forecast higher earnings in 2025 on Monday, as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures amid rising demand for the fuel.

The company said it was expecting an adjusted earnings per share of $1.27, up 8% compared with its forecast of $1.17 for end-2024.

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