What happened Shares of U.S. pipeline goliath Kinder Morgan (NYSE: KMI) rose a hefty 13% in March according to data from S&P Global Market Intelligence. That stands in contrast to some of its closest peers, which were up, but not to the same degree. Here's one key reason why. So what A portion of the advance is likely due to improving expectations for the broader energy sector as oil prices have rebounded off their 2020 lows. Higher oil prices should translate into increased demand for the pipelines, storage, and other assets that Kinder Morgan owns. Higher commodity prices will specifically benefit the company's CO2 division, which generates income by helping drillers improve the output of wells with Kinder Morgan's compensation tied, at least partially, to energy prices. Image source: Getty Images. However, there was another bit of news during the month investors should be aware of. Kinder Morgan announced it was creating a new division to be called Energy Transition Ventures. The goal is to find ways in which Kinder Morgan can help the world transition toward clean energy. Basically, it is looking to use its cash-cow midstream business to help fund growth projects in the clean energy space, which is similar to what other big energy companies are trying to do. That is very much on target with the zeitgeist, and it's not shocking that investors would view the news favorably. Now what Creating a new division and actually making profitable investments are two very different things. So it might be too soon to get really excited about Kinder Morgan's Energy Transition Ventures group. But when you add the forward looking goal to the improving outlook for the energy sector as the global economy learns to deal with the coronavirus, it's not shocking that investors are increasingly positive about Kinder Morgan's future. 10 stocks we like better than Kinder MorganWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Kinder Morgan wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Kinder Morgan. The Motley Fool has a disclosure policy.Source