KMI Stock Slides 1.65% as Pipeline Expansion Hits 335th in Volume Rankings

On August 18, 2025, Kinder Morgan (KMI) reported a 1.65% decline in its stock price with a trading volume of $0.28 billion, representing a 24.05% drop from the previous day's volume and ranking 335th in market activity. The company initiated a binding open season for a proposed expansion of its refined petroleum product pipeline system between El Paso, Texas, and Tucson, Arizona. This expansion targets incremental diesel capacity of 3,250 barrels per day, aligning with export and domestic fuel grade requirements. The Santa Fe Pacific Partners subsidiary, which operates the 400-mile East Line System, will evaluate interest from participants during the 32-day open season period ending September 19.

The strategic move aims to enhance distribution capabilities for the Western U.S. and Mexican markets, with final expansion capacity contingent on demand signals from the open season. Analysts note that such infrastructure initiatives often correlate with midstream sector volatility, though KMI's current volume contraction suggests short-term market caution ahead of project execution details. The proposal underscores ongoing efforts to optimize pipeline utilization amid fluctuating regional fuel demand patterns.

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