Ieq Capital LLC Makes New $13.99 Million Investment in Kinder Morgan Canada Limited $KMLGF

Ieq Capital LLC acquired a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 437,717 shares of the company’s stock, valued at approximately $13,994,000.

A number of other large investors have also made changes to their positions in the stock. Kayne Anderson Capital Advisors LP bought a new stake in shares of Kinder Morgan Canada in the second quarter valued at about $297,670,000. Advisors Capital Management LLC acquired a new stake in Kinder Morgan Canada during the second quarter worth about $97,668,000. Bruni J V & Co. Co. bought a new position in Kinder Morgan Canada during the second quarter valued at about $45,364,663,000. Heartland Advisors Inc. bought a new position in Kinder Morgan Canada during the second quarter valued at about $10,634,000. Finally, Northcape Wealth Management LLC acquired a new position in Kinder Morgan Canada in the 2nd quarter valued at approximately $9,247,000.

Kinder Morgan Canada Price Performance

Kinder Morgan Canada stock opened at $10.88 on Friday. The business has a 50 day moving average price of $10.88 and a two-hundred day moving average price 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 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.