Kinder Morgan EP-PC
NYSE EP-PC
$50.20 -0.13 (-0.26%)
At close: Sep 4, 2026 · 4:00 PM EDT

Kinder Morgan (EP-PC) Operating Expenses (2010 - 2026)

Kinder Morgan's (EP-PC) quarterly Operating Expenses came in at $3.1 billion in Q2 2026, up 8.34% on a YoY basis from $2.9 billion in Q2 2025, and down 7.48% quarter-over-quarter from $3.4 billion in Q1 2026.

Analysis

Kinder Morgan (EP-PC) Operating Expenses (2010 - 2026) Analysis & Trends

Kinder Morgan (EP-PC) has reported Operating Expenses for 17 consecutive years, with $3.1 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 8.34% year-over-year to $3.1 billion; the trailing twelve-month figure through Jun 2026 stood at $12.7 billion (up 10.33% YoY), and the FY2025 full-year result was $12.2 billion, up 13.97% from the prior year.
  • Operating Expenses declined to $3.1 billion in Q2 2026 per EP-PC's latest filing, from $3.4 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.2 billion in Q3 2022 and bottomed at $2.5 billion in Q2 2023.
  • Historically, Operating Expenses has averaged $3.1 billion across 5 years, with a median of $3.0 billion in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 42.48% in 2022, then plunged 40.39% in 2023.
  • Over 5 years, Operating Expenses stood at $3.5 billion in 2022, then fell by 15.48% to $2.9 billion in 2023, then dropped by 1.97% to $2.9 billion in 2024, then grew by 9.2% to $3.1 billion in 2025, then decreased by 0.41% to $3.1 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $3.1 billion, $3.4 billion, and $3.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 3.13 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 16.13 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 30.76 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 354.10 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.93 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 4.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 19.09 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 132.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.13 Bn
Mar 31, 2026 3.38 Bn
Dec 31, 2025 3.14 Bn
Sep 30, 2025 3.08 Bn
Jun 30, 2025 2.89 Bn
Mar 31, 2025 3.10 Bn
Dec 31, 2024 2.88 Bn
Sep 30, 2024 2.68 Bn
Jun 30, 2024 2.53 Bn
Mar 31, 2024 2.62 Bn
Dec 31, 2023 2.94 Bn
Sep 30, 2023 2.97 Bn
Jun 30, 2023 2.47 Bn
Mar 31, 2023 2.69 Bn
Dec 31, 2022 3.48 Bn
Sep 30, 2022 4.25 Bn
Jun 30, 2022 4.15 Bn
Mar 31, 2022 3.27 Bn
Dec 31, 2021 3.48 Bn
Sep 30, 2021 2.98 Bn