KMI Gains as Energy Sector Strengthens on Strait of Hormuz Worries
Kinder Morgan (NYSE:KMI) shares rose in tandem with the energy sector as crude prices strengthened due to supply concerns at the Strait of Hormuz.
The company's midstream infrastructure, including natural-gas pipelines and storage facilities, remained a key focus area for investors.
Rising power demand kept midstream names like Kinder Morgan in the spotlight, as natural gas continues to play a central role in electricity generation and global energy trade.