701,001 Shares in Kinder Morgan Canada Limited $KMLGF Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new stake 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 & Exchange Commission. The firm purchased 701,001 shares of the company’s stock, valued at approximately $22,411,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Addison Advisors LLC acquired a new position in shares of Kinder Morgan Canada in the second quarter worth about $37,000. Rakuten Securities Inc. purchased a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth about $38,000. BOK Financial Private Wealth Inc. acquired a new stake in shares of Kinder Morgan Canada during the 2nd quarter valued at about $49,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Kinder Morgan Canada in the 2nd quarter valued at about $58,000. Finally, Aberdeen Wealth Management LLC acquired a new position in Kinder Morgan Canada in the 2nd quarter worth about $100,000.

Kinder Morgan Canada Stock Performance

Shares of KMLGF stock opened at $10.88 on Friday. The business’s 50 day moving average is $10.88 and its two-hundred day moving average is $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.