Kinder Morgan Shares Hold Steady Amid Regulatory Review

Kinder Morgan’s stock demonstrated resilience in today’s trading session, posting a 0.6% gain despite emerging regulatory developments concerning one of its key pipeline subsidiaries. The energy infrastructure company faces a pivotal administrative process that could impact operational flexibility for its Southern Natural Gas division.

The Pipeline and Hazardous Materials Safety Administration has initiated a public commentary period regarding Southern Natural Gas’s request to extend a special permit originally granted in July 2022. This authorization remains valid through 2032 but requires modification to accommodate a 997-foot (approximately 0.19-mile) expansion of covered pipeline segments.

Market attention now focuses on the December 1, 2025 deadline for stakeholder submissions. The federal regulator will thoroughly Read more...