EFG International AG Purchases New Stake in Kinder Morgan Canada Limited $KMLGF

EFG International AG purchased a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 272,495 shares of the company’s stock, valued at approximately $8,710,000.

A number of other large investors have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board purchased a new position in shares of Kinder Morgan Canada in the second quarter valued at about $22,411,000. Castleark Management LLC bought a new position in shares of Kinder Morgan Canada during the second quarter valued at about $3,668,000. Royal Capital Wealth Management LLC purchased a new stake in shares of Kinder Morgan Canada during the second quarter worth about $415,000. SIR Capital Management L.P. purchased a new stake in shares of Kinder Morgan Canada during the second quarter worth about $5,195,000. Finally, Legal & General Group Plc bought a new stake in shares of Kinder Morgan Canada in the second quarter worth about $412,246,000.

Kinder Morgan Canada Stock Performance

Shares of OTCMKTS:KMLGF opened at $10.88 on Wednesday. Kinder Morgan Canada Limited has a 1 year low of $8.05 and a 1 year high of $35.53. The stock’s 50-day moving average is $10.88 and its 200 day moving average is $10.88.

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.