LATEST FROM COMPANIES
Kinder Morgan net income, revenue rises in 1st quarter
- Net income increases almost 40 percent

North America's biggest energy infrastructure company Kinder Morgan saw its net income and revenue increase in the first quarter of this year, the company announced Wednesday.

The firm's revenue rose by 7.2 percent to $3.42 billion in the first quarter of 2017, from $3.19 billion during the same period last year.

Net income reached $440 million in the first three months of the year, from $315 million during the same quarter last year.

Kinder Morgan said in a statement that it expects "to invest $3.2 billion in growth projects during 2017."

By Ovunc Kutlu

Anadolu Agency

ovunc.kutlu@aa.com.tr

20 Apr,2017
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