Castleark Management LLC acquired a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 114,730 shares of the company’s stock, valued at approximately $3,668,000.
A number of other large investors have also recently bought and sold shares of KMLGF. Addison Advisors LLC bought a new position in Kinder Morgan Canada in the 2nd quarter valued at about $37,000. Rakuten Securities Inc. bought a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $38,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $49,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $58,000. Finally, Aberdeen Wealth Management LLC acquired a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $100,000.
Kinder Morgan Canada Price Performance
Shares of OTCMKTS:KMLGF opened at $10.88 on Thursday. Kinder Morgan Canada Limited has a 1 year low of $8.05 and a 1 year high of $35.53. The company’s 50 day simple moving average is $10.88 and its 200 day simple moving average is $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.
Further Reading
- Five stocks we like better than Kinder Morgan Canada
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
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.
