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Midstream Stocks Outperformed Broader Markets Last Week

Ruth King
Updated
Midstream Stocks Outperformed Broader Markets Last Week

In the week ending October 5, the top midstream stocks included Kinder Morgan (KMI), Enterprise Products Partners (EPD), MPLX (MPLX), and Plains All American Pipeline (PAA). MPLX rose 2.6%, Enterprise Products Partners and Kinder Morgan each rose 1.9%, and Plains All American Pipeline rose 1.8%. The Energy Select Sector SPDR ETF (XLE) rose 1.9%, while the Alerian MLP Index rose 1.8% for the week. In comparison, the S&P 500 Index fell 1% during the week.

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