KMI News7 articles
MPLX's 7.35% Yield Offers Cushion as Monday's $2.25B Debt Deal Looms
MPLX LP (NYSE: MPLX) closed Thursday at $58.60, yielding 7.35%, as a $2.25B debt sale due Monday pushes borrowing costs higher, testing the partnership's high-yield appeal.
Markets
Refiners' Record Cash Hoard Puts Pressure on Phillips 66 to Deploy Capital
U.S. refiners delivered their strongest quarterly profit since 2022, lifting Phillips 66 near record highs, but the stock now trades above analyst targets, putting capital allocation in the spotlight.
Markets
Williams Secures $5.34B Power Deal to Ease Funding Strain, Premium Valuation Persists
Williams (NYSE:WMB) has signed a $5.34 billion power contract with a Blackstone-led consortium, easing funding pressure but leaving its stock trading at a premium multiple.
Markets
Energy Transfer Holds Steady Near Peak as Dakota Access Ruling Looms
Energy Transfer shares held near recent highs after regulators cleared the Dakota Access Pipeline to keep running under tighter rules. The stock's yield and raised 2026 guidance support investor interest.
Regulation
Enterprise Products Units Dip on Revenue Decline Despite Record Volumes
Enterprise Products Partners units slipped 1.4% to $37.19 after a quarterly filing showed Q1 revenue fell to $14.39B while net income rose. Record volumes and a $0.55 distribution are key.
Earnings
Natural Gas Futures Extend Slide on Warm Weather, Williams Gains on Upbeat Outlook
U.S. natural gas futures fell for a second session as mild forecasts dampened demand. Williams Companies shares climbed after the pipeline operator raised its 2026 profit forecast and dividend.
Commodities
Natural Gas Futures Plunge 8% on Warmer Mid-February Forecast
U.S. natural gas futures tumbled roughly 8% to $3.14/mmBtu as updated weather projections signaled above-average temperatures for mid-February, reducing heating demand.
Commodities