Korea Investment CORP purchased a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) during the second quarter, Holdings Channel reports. The institutional investor purchased 1,281,935 shares of the company’s stock, valued at approximately $40,983,000.
Several other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC acquired a new position in Kinder Morgan Canada in the second quarter valued at $5,477,000. Rakuten Securities Inc. acquired a new stake in Kinder Morgan Canada during the 2nd quarter worth about $38,000. Ieq Capital LLC acquired a new stake in Kinder Morgan Canada during the 2nd quarter worth about $13,994,000. Callan Family Office LLC bought a new position in shares of Kinder Morgan Canada in the 2nd quarter worth about $1,129,000. Finally, Heartland Advisors Inc. bought a new position in shares of Kinder Morgan Canada in the 2nd quarter worth about $10,634,000.
Kinder Morgan Canada Price Performance
Shares of OTCMKTS:KMLGF opened at $10.88 on Friday. Kinder Morgan Canada Limited has a 1 year low of $8.05 and a 1 year high of $35.53. The business’s 50-day moving average is $10.88 and its 200-day moving average is $10.88.
Kinder Morgan Canada Profile
Kinder Morgan Canada (OTCMKTS: KMLGF) is a leading energy infrastructure company in Canada, specializing in the transportation and storage of crude oil, refined petroleum products and natural gas liquids. As a subsidiary of Kinder Morgan, Inc, the company operates an extensive network of pipelines and terminals that serve oil producers, refiners and exporters across Western Canada and the Pacific Northwest. Its core business centers on safe, reliable and cost-effective movement of hydrocarbons from production areas in Alberta to domestic markets and coastal export terminals.
The company’s pipeline portfolio includes the Trans Mountain system, which runs from Alberta’s oil sands region to the British Columbia coast, the Cochin pipeline linking Canadian supply hubs with U.S.
Further Reading
- Five stocks we like better than Kinder Morgan Canada
- 2 Biotech Stocks Shaping Up for Major Breakouts
- 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
Want to see what other hedge funds are holding KMLGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report).
Receive News & Ratings for Kinder Morgan Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan Canada and related companies with MarketBeat.com's FREE daily email newsletter.
