Kinder Morgan Energy Partners (KMP) announced after the close Monday that it is commencing an underwritten public offering of 3,900,000 common units. The stock is now down 2.04 on 5K shares.
Kinder Morgan Energy Partners climbed in early trade Monday, but settled into a narrow range for the majority of the session. Shares finished up by 1.14 at $80.54. The stock closed near the middle of a 1-month range.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.