Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
The pipeline is still in its early stages, but Kinder Morgan wants to start construction at the end of 2028 and have the pipeline up and running by the end of 2030.
Directly affected
- KMI Kinder Morgan
Named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-13.5% 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+6.9% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.
- AMLP Alerian MLP ETF-1.6% 30d
Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.
- LNG Cheniere Energy+6.7% 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-4.9% 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.
- 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.
- PAA Plains All American Pipeline, L.P+5.7% 30d
Plains All American Pipeline, L.P (pipe lines (no natural gas)): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- NFG National Fuel Gas-6.1% 30d
National Fuel Gas (natural gas distribution): 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| KMI | +1.06% | -3.97% | base | after close | after close | after close | after close |
| UNG | -10.81% | -10.24% | base | after close | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | after close | after close | after close | after close |
| AMLPNo price data for this ticker | — | — | — | — | — | — | — |
| LNG | -0.51% | -5.27% | base | after close | after close | after close | after close |
| EQT | +0.99% | -5.04% | base | after close | after close | after close | after close |
| WMB | +0.59% | -5.03% | base | after close | after close | after close | after close |
| PAANo price data for this ticker | — | — | — | — | — | — | — |
| NFGNo price data for this ticker | — | — | — | — | — | — | — |
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.
Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee WSMV
Source: WSMV
How far United States Natural Gas Fund (UNG) has moved since 10 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Eqt (EQT) | three days earlier | -5.04% | final price |
| Eqt (EQT) | five days earlier | +0.99% | final price |
| Kinder Morgan (KMI) | three days earlier | -3.97% | final price |
| Kinder Morgan (KMI) | five days earlier | +1.06% | final price |
| Cheniere Energy (LNG) | three days earlier | -5.27% | final price |
| Cheniere Energy (LNG) | five days earlier | -0.51% | final price |
| United States Natural Gas Fund (UNG) | three days earlier | -10.24% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -10.81% | final price |
| Williams Companies (WMB) | three days earlier | -5.03% | final price |
| Williams Companies (WMB) | five days earlier | +0.59% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 75 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 85 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 88 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 63 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 82 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 83 days before publication. Filed 17 Sep 2026. View the filing.
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).
Companies in energy around United States Natural Gas Fund (UNG)
Companies tied to this story
- UNG United States Natural Gas Fund
For “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee,” 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
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee.” 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
In “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee,” 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 “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee,” 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 “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee,” 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 10 Nov 2026 story “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee.” 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
In “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee,” 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
- SR Spire
For “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee,” Spire (SR) is linked, with no stored direction, medium confidence. Reason on file: Spire (natural gas distribution): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story
United States Natural Gas Fund (UNG) and the energy link
On 10 Nov 2026, “Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee” is the story that connects United States Natural Gas Fund (UNG) to Energy.
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
Also listed, Select Sector Spdr Tr (XLE): 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 9.34. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How strong the case is around United States Natural Gas Fund (UNG)
46 out of 100
“Here’s what to know about the 470-mile natural gas pipeline proposed for Middle Tennessee” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.