Freestone Grove Partners LP acquired a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,344,021 shares of the company’s stock, valued at approximately $42,968,000.
Other large investors have also modified their holdings of the company. Addison Advisors LLC purchased a new stake in shares of Kinder Morgan Canada in the second quarter worth approximately $37,000. Rakuten Securities Inc. purchased a new position in Kinder Morgan Canada during the 2nd quarter valued at $38,000. BOK Financial Private Wealth Inc. bought a new position in Kinder Morgan Canada in the 2nd quarter valued at $49,000. Keating Financial Advisory Services Inc. purchased a new stake in Kinder Morgan Canada in the second quarter worth $58,000. Finally, Aberdeen Wealth Management LLC bought a new stake in shares of Kinder Morgan Canada during the second quarter worth $100,000.
Kinder Morgan Canada Price Performance
Shares of KMLGF opened at $10.88 on Thursday. The firm has a fifty day moving average price of $10.88 and a 200-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 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.
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