Kinder Morgan (NYSE:KMI) reported fourth-quarter results that fell short of Wall Street expectations. Despite missing profit and revenue forecasts, the energy infrastructure giant outlined ambitious plans for 2025, including a major pipeline expansion project.

For the quarter, Kinder Morgan posted adjusted earnings of $0.32 per share, coming in below analysts' projections of $0.34. Revenue for the period totaled $3.99 billion, missing the consensus estimate of $4.21 billion.

Looking ahead, the company reaffirmed its 2025 guidance, projecting adjusted earnings per share of $1.27, in line with analyst expectations. Kinder Morgan also anticipates paying $1.17 per share in dividends for the year, signaling continued commitment to shareholder returns.

Kinder Morgan announced a significant new initiative: the $1.7 billion Trident Intrastate Pipeline Project. This 216-mile pipeline, backed by long-term contracts, will enhance natural gas transportation capacity between Katy, Texas, and the industrial and liquefied natural gas (LNG) hubs near Port Arthur, Texas. Once operational, it is expected to transport 1.5 billion cubic feet of natural gas per day, reinforcing the company’s position in key markets.

CEO Kim Dang emphasized the strategic importance of the pipeline, highlighting its potential to meet growing demand in the LNG and industrial sectors along the Texas Gulf Coast.