Kinder Morgan quarterly profit climbs 20%
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- KMI
July 20 (Reuters) - Kinder Morgan Inc reported a 20.3% rise in quarterly adjusted profit on Wednesday as higher demand for jet fuel boosted the U.S pipeline operator's volumes
The Houston, Texas-based pipeline and terminal operator posted adjusted profit of $621 million, or 27 cents per share, for the second quarter ended June 30, from $516 million, or 23 cents per share, a year earlier. (Reporting by Arunima Kumar in Bengaluru; Editing by Krishna Chandra Eluri)