Geopolitics Alpha

$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer

Published . Updated .

Key takeaways

  • Energy Transfer LP has formally committed to developing the $1.6 billion South Mississippi Natural Gas Pipeline.
  • Exposed: UNG, XLE, AMLP, LNG, EQT
  • Market reaction: price tracking starts with the next trading session.

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$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer

Energy Transfer LP has formally committed to developing the $1.6 billion South Mississippi Natural Gas Pipeline.

Directly affected

  • ET Energy Transfer-0.9% 30d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-17.0% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • AMLP Alerian MLP ETF-1.7% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • LNG Cheniere Energy+14.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • EQT Eqt+8.8% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • KMI Kinder Morgan+5.0% 5d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • SOBO South Bow-4.6% 14d

    South Bow (pipe lines (no natural gas)): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ET+3.01%+4.05%baseafter closeafter closeafter closeafter close
UNG+4.28%-0.44%baseafter closeafter closeafter closeafter close
XLE+2.64%+4.95%baseafter closeafter closeafter closeafter close
AMLPNo price data for this ticker———————
LNG-4.34%+6.17%baseafter closeafter closeafter closeafter close
EQT+3.64%+2.07%baseafter closeafter closeafter closeafter close
KMI+2.07%+2.98%baseafter closeafter closeafter closeafter close
WMB+2.46%+2.59%baseafter closeafter closeafter closeafter close
SOBO+1.91%+3.32%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer Construction Review

Source: Construction Review

Price since this story was published: United States Natural Gas Fund (UNG)

CompanyWhenMoveStatus
Eqt (EQT)three days earlier+2.07%final price
Eqt (EQT)five days earlier+3.64%final price
ETthree days earlier+4.05%final price
ETfive days earlier+3.01%final price
Kinder Morgan (KMI)three days earlier+2.98%final price
Kinder Morgan (KMI)five days earlier+2.07%final price
Cheniere Energy (LNG)three days earlier+6.17%final price
Cheniere Energy (LNG)five days earlier-4.34%final price
South Bow (SOBO)three days earlier+3.32%final price
South Bow (SOBO)five days earlier+1.91%final price
United States Natural Gas Fund (UNG)three days earlier-0.44%final price
United States Natural Gas Fund (UNG)five days earlier+4.28%final price
Williams Companies (WMB)three days earlier+2.59%final price
Williams Companies (WMB)five days earlier+2.46%final price
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around United States Natural Gas Fund (UNG)

Companies tied to this story

  • UNG United States Natural Gas Fund

    In “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    In “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

  • AMLP Alps Etf Tr

    For “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence. Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

  • LNG Cheniere Energy

    For “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • EQT Eqt

    For “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • KMI Kinder Morgan

    Kinder Morgan (KMI) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer.” Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • WMB Williams Companies

    For “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • SOBO South Bow

    For “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” South Bow (SOBO) is linked, with no stored direction, medium confidence. Reason on file: South Bow (pipe lines (no natural gas)): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

How energy news reaches United States Natural Gas Fund (UNG)

United States Natural Gas Fund (UNG) is the company in “$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer,” the 3 Nov 2026 Energy story.

For United States Natural Gas Fund (UNG), the reason on file says United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

The price range for United States Natural Gas Fund (UNG), and the dates in the story

AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.01. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

The energy score for United States Natural Gas Fund (UNG)

46 out of 100

“$1.6 Billion South Mississippi Natural Gas Pipeline Project Approved by Energy Transfer” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.