Mystic Asset Management Inc. acquired a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 98,857 shares of the company’s stock, valued at approximately $3,160,000.
Several other large investors have also modified their holdings of the stock. Advisors Capital Management LLC acquired a new stake in shares of Kinder Morgan Canada in the second quarter worth approximately $97,668,000. Bruni J V & Co. Co. acquired a new position in Kinder Morgan Canada during the second quarter worth approximately $45,364,663,000. Northcape Wealth Management LLC purchased a new position in Kinder Morgan Canada during the second quarter worth approximately $9,247,000. Tocqueville Asset Management L.P. purchased a new position in Kinder Morgan Canada during the second quarter worth approximately $5,414,000. Finally, Kentucky Farm Bureau Mutual Insurance Co acquired a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at $4,743,000.
Kinder Morgan Canada Stock Performance
Shares of OTCMKTS:KMLGF opened at $10.88 on Friday. The business has a 50-day moving average of $10.88 and a two-hundred day moving average of $10.88. Kinder Morgan Canada Limited has a 12 month low of $8.05 and a 12 month high of $35.53.
Kinder Morgan Canada Company 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.
Featured Stories
- Five stocks we like better than Kinder Morgan Canada
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
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.
