Geopolitics Alpha

Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin

Published . Updated .

Key takeaways

  • Exposed: AMLP, KMI, WMB, ET, SMC
  • Market reaction: KMI +1.4% on the day; SMC +1.6% on the day; WMB +0.8% on the day

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ENERGYSummit Midstream Eyes AdditionalDouble E Pipeline Expansion inPermian BasinSMCPBTGEOPOLITICS ALPHA

This report is about pipelines.

Directly affected

  • SMC Summit Midstream+0.1% 10d

    Named in this report.

  • PBT Permian Basin Royalty Trust-7.7% 30d

    Named in this report.

Indirectly affected

  • AMLP Alerian MLP ETF-0.5% 30d

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

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • ET Energy Transfer-0.5% 30d

    Energy Transfer (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • DTM DT Midstream-2.8% 30d

    DT Midstream (natural gas transmission): 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
SMC-13.19%-9.35%base+1.57%after closeafter closeafter close
PBT-7.71%-2.81%base-0.13%after closeafter closeafter close
AMLPNo price data for this ticker———————
KMI-4.40%-3.20%base+1.39%after closeafter closeafter close
WMB-6.77%-3.55%base+0.80%after closeafter closeafter close
ET-1.36%-1.75%base-0.41%after closeafter closeafter close
DTM-5.16%-2.17%base+0.46%after 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.

Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin Natural Gas Intelligence

Source: Natural Gas Intelligence

Price since this story was published: Alps Etf Tr (AMLP)

CompanyWhenMoveStatus
DTMthat day+0.46%final price
DTMthree days earlier-2.17%final price
DTMfive days earlier-5.16%final price
Energy Transfer (ET)that day-0.41%final price
Energy Transfer (ET)three days earlier-1.75%final price
Energy Transfer (ET)five days earlier-1.36%final price
Kinder Morgan (KMI)that day+1.39%final price
Kinder Morgan (KMI)three days earlier-3.20%final price
Kinder Morgan (KMI)five days earlier-4.40%final price
PBTthat day-0.13%final price
PBTthree days earlier-2.81%final price
PBTfive days earlier-7.71%final price
Summit Midstream (SMC)that day+1.57%final price
Summit Midstream (SMC)three days earlier-9.35%final price
Summit Midstream (SMC)five days earlier-13.19%final price
Williams Companies (WMB)that day+0.80%final price
Williams Companies (WMB)three days earlier-3.55%final price
Williams Companies (WMB)five days earlier-6.77%final price

Congressional stock trades in Alps Etf Tr (AMLP)

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).

Alps Etf Tr (AMLP) on one side of this energy story

Companies mentioned with this story

  • AMLP Alps Etf Tr

    In “Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin,” 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

  • KMI Kinder Morgan

    Kinder Morgan (KMI) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin.” Reason on file: Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

  • WMB Williams Companies

    In “Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

  • ET Energy Transfer

    For “Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin,” Energy Transfer (ET) is linked, with no stored direction, medium confidence. Reason on file: Energy Transfer (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

  • SMC Summit Midstream

    In “Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin,” Summit Midstream (SMC) is linked, with no stored direction, medium confidence. Reason on file: Summit Midstream (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

Alps Etf Tr (AMLP) and the energy link

On 12 Nov 2026, “Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin” is the story that connects Alps Etf Tr (AMLP) to Energy.

What ties Alps Etf Tr (AMLP) to the headline is this: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

A second company, Kinder Morgan (KMI), is listed for a different reason: Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story

Dates and price levels for Alps Etf Tr (AMLP)

AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. KMI traded between 31.12 and 32.43 across 3 sessions. The latest close on file is 32.27. WMB traded between 66.31 and 74.30 across 3 sessions. The latest close on file is 67.88.

How solid the energy case looks

47 out of 100

“Summit Midstream Eyes Additional Double E Pipeline Expansion in Permian Basin” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.