Southern Natural Gas Company, L.L.C. (SNG), a Kinder Morgan subsidiary, reported its financial results for the first quarter of 2025 on May 16, 2025. The company's revenues decreased to $168 million in Q1 2025 from $172 million in Q1 2024.
Net income for SNG also fell to $77 million in the first quarter of 2025, down from $87 million in the prior year period. These results indicate a slight decline in financial performance for this segment.
SNG's operations are integral to Kinder Morgan's natural gas pipeline network, serving various markets. The decrease in revenues and net income for this quarter reflects prevailing market conditions or operational factors affecting the subsidiary.
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