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. climbed 1.9%, Energy Transfer L.P. rallied 2.0%, Enterprise Products Partners L.P. rose 1.3%, TC Energy Corp. gained 1.2%, Williams Companies tacked on 0.8% and Plains All American Pipeline L.P. hiked up 2.3%. Meanwhile, crude oil futures fell 0.3%, after being up nearly 1% earlier, as the S&P 500 slipped 0.1%.

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