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

Kinder Morgan (EP-PC) posted quarterly Operating Expenses of $3.1 billion for Q2 2026, up 8.34% year-on-year from $2.9 billion in Q2 2025, and down 7.48% on a QoQ basis from $3.4 billion in Q1 2026.

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.

  • Quarterly Operating Expenses rose 8.34% year-over-year to $3.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $12.7 billion (up 10.33% YoY) and the FY2025 annual result came in at $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.
  • Over the last five years, Operating Expenses for EP-PC reached as high as $4.2 billion in Q3 2022 and fell as low as $2.5 billion in Q2 2023.
  • A 5-year average of $3.1 billion and a median of $3.0 billion in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 42.48% — and 2023, when it slumped 40.39%.
  • Year by year, Operating Expenses stood at $3.5 billion in 2022, then retreated by 15.48% to $2.9 billion in 2023, then declined by 1.97% to $2.9 billion in 2024, then increased by 9.2% to $3.1 billion in 2025, then slipped 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 1.82 Bn

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