Kinder Morgan posted a 24% rise in second-quarter profit on Wednesday, as higher volumes of natural gas were transported through its pipelines and demand for the company's infrastructure rose. Pipeline operators such as Kinder Morgan are benefiting from an increase in demand for natgas,

The Houston-based energy infrastructure company said its net income was driven by increased financial contributions from its natural gas pipelines and terminal business segments.

Pipeline operators such as Kinder Morgan are banking on a rise in demand for natural gas from LNG export facilities as well as for electricity associated with AI operations, cryptocurrency mining and data centers.