Reported about 12 hours ago
U.S. energy infrastructure providers are set to achieve record gains as the demand for power from AI technologies surges. The Alerian Midstream Energy Index has seen a 46% increase this year, outpacing the broader S&P 500 index's 25% gains. Companies like Kinder Morgan and Targa Resources are on track for their best performances, boosted by institutional investments and stable cash flows. The demand for energy from AI applications and upcoming liquefied natural gas projects further reinforces the sector's outlook, despite challenges in building new pipelines due to regulatory issues.
Source: YAHOO