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.
Higher net income indicates improved operational efficiency, higher throughput, or better cost management within the pipeline network.
This metric measures the total profitability of the natural gas pipeline segment after accounting for all operating expe...
Standard segment-level profitability metric used by all major midstream energy firms to compare business unit performance.
kmi_segment_natural_gas_pipelines_net_income| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |