Business Segments · Net Income

Natural Gas Pipelines — Net Income

Empire Petroleum Natural Gas Pipelines — Net Income decreased by 4.9% to $1.71B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $1.45B to $1.71B. Over 3 years (FY 2021 to FY 2025), Natural Gas Pipelines — Net Income shows an upward trend with a 16.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toNet Income

How to read this metric

Higher net income indicates improved operational efficiency, higher throughput, or better cost management within the pipeline network.

Detailed definition

This metric measures the total profitability of the natural gas pipeline segment after accounting for all operating expe...

Peer comparison

Standard segment-level profitability metric used by all major midstream energy firms to compare business unit performance.

Metric ID: kmi_segment_natural_gas_pipelines_net_income

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$953.75M$953.75M$953.75M$1.14B$1.50B$1.26B$1.18B$1.35B$1.51B$1.23B$1.29B$1.39B$1.45B$1.44B$1.39B$1.80B$1.71B
QoQ Change+0.0%+0.0%+19.0%+31.7%-16.1%-6.1%+14.8%+11.9%-19.0%+5.5%+7.6%+4.4%-1.2%-3.1%+29.4%-4.9%
YoY Change+19.0%+3.9%+1.3%-2.2%+9.8%+2.9%-4.0%+17.0%+7.5%+29.3%+17.8%
Range$953.75M$1.80B
CAGR+15.7%
Avg YoY Growth+9.3%
Median YoY Growth+7.5%

Frequently Asked Questions

What is Empire Petroleum's natural gas pipelines — net income?
Empire Petroleum (EP) reported natural gas pipelines — net income of $1.71B in Q1 2026.
How has Empire Petroleum's natural gas pipelines — net income changed year-over-year?
Empire Petroleum's natural gas pipelines — net income increased by 17.8% year-over-year, from $1.45B to $1.71B.
What is the long-term trend for Empire Petroleum's natural gas pipelines — net income?
Over 3 years (2021 to 2025), Empire Petroleum's natural gas pipelines — net income has grown at a 16.8% compound annual growth rate (CAGR), from $3.82B to $6.08B.
What does natural gas pipelines — net income mean?
The total profit generated by the natural gas pipeline business segment.