Pipeline operator Kinder Morgan posts higher second-quarter profit

Reuters
Jul 17
Pipeline operator Kinder Morgan posts higher second-quarter profit

July 16 (Reuters) - U.S. pipeline and terminal operator Kinder Morgan KMI.N posted a rise in second-quarter profit on Wednesday, helped by higher volumes of natural gas transported through its pipelines.

The Houston, Texas-based company said its net income came in at $715 million for the three months ended June 30, compared with $575 million a year earlier.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Shailesh Kuber)

((Srivastava.Vallari@thomsonreuters.com;))

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