Kinder Morgan, Inc. (KMI) reported its first quarter 2025 financial results with adjusted earnings per share (EPS) of $0.34, slightly missing the estimate of $0.35. The company posted revenue of $4.24 billion, exceeding the expected $4.08 billion, and adjusted EBITDA rose 1% year-over-year to $2.16 billion, marginally above estimates. Net income attributable to Kinder Morgan was $717 million, compared to $746 million in the same quarter last year, while adjusted net income increased by 1% to $766 million but fell short of the $799.3 million estimate. Operating income was $1.15 billion, below the anticipated $1.30 billion. For the full year 2025, Kinder Morgan projects adjusted EPS of $1.27, in line with estimates, and adjusted EBITDA of $8.3 billion, slightly below the $8.34 billion forecast. The company also approved a cash dividend of $0.2925 per share for Q1 2025, payable on May 15. Kinder Morgan reiterated that tariffs will not have a material impact on project economics. Separately, Alcoa Corporation (AA) reported first quarter 2025 revenue of $3.37 billion, missing the $3.53 billion estimate, but delivered adjusted net income of $568 million, surpassing the $413.4 million forecast. Alcoa's adjusted EBITDA was $855 million, above the $811.2 million estimate, with earnings per share at $2.07.