Corient Private Wealth LP Takes $24.60 Million Position in Kinder Morgan Canada Limited $KMLGF

Corient Private Wealth LP acquired a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 769,607 shares of the company’s stock, valued at approximately $24,604,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Addison Advisors LLC bought a new stake in Kinder Morgan Canada during the second quarter valued at approximately $37,000. Rakuten Securities Inc. purchased a new stake in Kinder Morgan Canada during the second quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. bought a new position in Kinder Morgan Canada in the second quarter worth approximately $49,000. Keating Financial Advisory Services Inc. bought a new position in Kinder Morgan Canada in the second quarter worth approximately $58,000. Finally, Aberdeen Wealth Management LLC bought a new position in Kinder Morgan Canada in the second quarter worth approximately $100,000.

Kinder Morgan Canada Stock Performance

Shares of Kinder Morgan Canada stock opened at $10.88 on Friday. Kinder Morgan Canada Limited has a 1-year low of $8.05 and a 1-year high of $35.53. The company’s fifty 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.