RR Advisors LLC Takes Position in Kinder Morgan Canada Limited $KMLGF

RR Advisors LLC bought a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 855,628 shares of the company’s stock, valued at approximately $27,354,000. Kinder Morgan Canada accounts for 7.9% of RR Advisors LLC’s holdings, making the stock its 4th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kayne Anderson Capital Advisors LP purchased a new position in Kinder Morgan Canada in the 2nd quarter worth approximately $297,670,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Kinder Morgan Canada during the second quarter valued at approximately $176,257,000. Advisors Capital Management LLC purchased a new stake in shares of Kinder Morgan Canada during the second quarter valued at approximately $97,668,000. Bruni J V & Co. Co. acquired a new position in shares of Kinder Morgan Canada during the second quarter worth $45,364,663,000. Finally, Korea Investment CORP purchased a new position in shares of Kinder Morgan Canada in the second quarter valued at $40,983,000.

Kinder Morgan Canada Price Performance

KMLGF opened at $10.88 on Monday. Kinder Morgan Canada Limited has a twelve month low of $8.05 and a twelve month high of $35.53. The company has a fifty day simple moving average of $10.88 and a 200 day simple moving average of $10.88.

About Kinder Morgan Canada

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.