XOM Stock – Kinder Morgan Inc. stock outperforms market on strong trading day
Shares of Kinder Morgan Inc.
rallied 2.69% to $16.80 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.66% to 3,974.54 and the Dow Jones Industrial Average
rising 1.39% to 33,072.88. This was the stock’s third consecutive day of gains. Kinder Morgan Inc. closed $1.17 short of its 52-week high ($17.97), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp.
rose 2.72% to $57.71 and Enterprise Products Partners L.P.
rose 3.28% to $23.00. Trading volume (15.0 M) remained 2.2 million below its 50-day average volume of 17.2 M.