Kinder Morgan Stock Drops Amid Negative Natural Gas Prices in Permian Basin

Generated by AI AgentAinvest Market Brief
Monday, May 19, 2025 8:01 pm ET1min read

On May 19, 2025,

Inc. (KMI) experienced a 0.32% decline in its stock price, reflecting broader market dynamics and specific industry challenges. The company's stock performance was influenced by several factors, including natural gas price fluctuations and regulatory developments.

Natural gas prices in the Permian shale basin in West Texas turned negative on Monday due to spring pipeline maintenance and other constraints that trapped gas in the region. This development likely impacted Kinder Morgan's operations and financial outlook, contributing to the stock's decline.

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