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KMI, OKE, WMB: Midstream Stocks Tumbled Last Week

KMI, OKE, WMB: Midstream Stocks Tumbled Last Week

Top midstream stocks including Kinder Morgan (KMI), Williams Companies (WMB), and ONEOK (OKE) fell last week. Williams Companies fell 2.5% for the week, whereas ONEOK and Kinder Morgan fell 1.9% and 1.8%, respectively. The Alerian MLP Index fell 1.3% for the week. On the other hand, the Energy Select Sector SPDR ETF (XLE) rose 0.9% last week.