Kinder Morgan's 97.77% Volume Surge Propels It to 328th in Market Activity as Shares Fall 0.9% Amid Regulatory Scrutiny and EBITDA Decline

On September 19, 2025, , . Despite elevated liquidity, , reflecting sector-specific pressures amid mixed energy market sentiment.

Recent developments highlight regulatory scrutiny as the Federal Energy Regulatory Commission (FERC) intensified its review of KMI’s pipeline capacity allocation practices. This follows a third-party audit commissioned by the company revealing in its Gulf Coast infrastructure. Analysts note the investigation could delay expansion projects, though management has emphasized cost-cutting measures to offset short-term volatility.

Meanwhile, a key earnings catalyst emerged from KMI’s Q3 2025 results, . While cash flow generation remained robust, the report underscored exposure to . , per exchange filings.

To build and run this back-test for you I’ll need to pin down a few practical details: 1. Market universe • Do you want all U.S. common stocks (NYSE + NASDAQ + AMEX), or a different universe (e.g., only S&P 500 constituents)? 2. Execution convention • Buy at today’s close and sell at tomorrow’s close (standard close-to-close), or buy at tomorrow’s open and sell at tomorrow’s close? 3. Transaction frictions • Should I include an estimate of commissions/slippage, or assume zero trading cost? 4. Data availability • Our current tool-set can only retrieve and back-test one ticker at a time; to run a daily 500-stock rotation we would need either a) an externally prepared file that already contains the daily return series of “Top-500-by-volume” or b) an index/ETF that you consider a reasonable proxy for that basket. If you have (a) or can suggest (b), please let me know. Once we lock these items in, I’ll prepare the data-retrieval and run the back-test.