Pipeline stocks broadly higher after Colonial Pipeline ransomware attack

Shares of energy pipeline companies were broadly higher Monday, in the aftermath of the ransomware attack on Colonial Pipeline, even as crude oil futures reversed earlier gains to trade lower. Among some of the more active energy infrastructure and pipeline operators, shares of Kinder Morgan Inc. /zigman2/quotes/208455654/composite KMI -0.41% climbed 1.9%, Energy Transfer L.P. /zigman2/quotes/210213433/composite ET +0.58% rallied 2.0%, Enterprise Products Partners L.P. /zigman2/quotes/205356165/composite EPD +0.82% rose 1.3%, TC Energy Corp. /zigman2/quotes/200192679/composite TRP -0.03% gained 1.2%, Williams Companies /zigman2/quotes/205467183/composite WMB 0.00% tacked on 0.8% and Plains All American Pipeline L.P. /zigman2/quotes/207478323/composite PAA +1.10% hiked up 2.3%. Meanwhile, crude oil futures /zigman2/quotes/209723049/delayed CL00 -0.13% fell 0.3%, after being up nearly 1% earlier, as the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.94% slipped 0.1%.

/zigman2/quotes/208455654/composite

Add to watchlist KMI

Kinder Morgan Inc.

US : U.S.: NYSE

$ 16.86

-0.07 -0.41%

Volume: 8.54M

Sept. 20, 2023 4:00p

P/E Ratio

15.18

Dividend Yield

6.70%

Market Cap

$37.72 billion

Rev. per Employee

$1.54M

/zigman2/quotes/210213433/composite

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Energy Transfer LP

US : U.S.: NYSE

$ 13.90

+0.08 +0.58%

Volume: 14.83M

Sept. 20, 2023 4:00p

P/E Ratio

11.56

Dividend Yield

8.92%

Market Cap

$43.44 billion

Rev. per Employee

$6.43M

/zigman2/quotes/205356165/composite

Add to watchlist EPD

Enterprise Products Partners L.P.

US : U.S.: NYSE

$ 27.21

+0.22 +0.82%

Volume: 3.59M

Sept. 20, 2023 4:00p

P/E Ratio

11.02

Dividend Yield

7.35%

Market Cap

$58.62 billion

Rev. per Employee

$7.11M

/zigman2/quotes/200192679/composite

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TC Energy Corp.

US : U.S.: NYSE

$ 37.21

-0.01 -0.03%

Volume: 3.65M

Sept. 20, 2023 4:00p

P/E Ratio

51.19

Dividend Yield

7.58%

Market Cap

$37.30 billion

Rev. per Employee

$1.48M

/zigman2/quotes/205467183/composite

Add to watchlist WMB

Williams Cos.

US : U.S.: NYSE

$ 34.29

0.00 0.00%

Volume: 4.62M

Sept. 20, 2023 4:00p

P/E Ratio

15.81

Dividend Yield

5.22%

Market Cap

$41.71 billion

Rev. per Employee

$2.14M

/zigman2/quotes/207478323/composite

Add to watchlist PAA

Plains All American Pipeline L.P.

US : U.S.: Nasdaq

$ 15.61

+0.17 +1.10%

Volume: 3.85M

Sept. 20, 2023 4:00p

P/E Ratio

9.63

Dividend Yield

6.85%

Market Cap

$10.82 billion

Rev. per Employee

$12.38M

/zigman2/quotes/209723049/delayed

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Crude Oil Continuous Contract

US : U.S.: Nymex

$ 89.54

-0.12 -0.13%

Volume: 91,458

Sept. 21, 2023 8:22a

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,402.20

-41.75 -0.94%

Volume: 0.00

Sept. 20, 2023 5:27p