Caisse de depot et placement du Quebec bought a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,905,831 shares of the company’s stock, valued at approximately $60,929,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Addison Advisors LLC purchased a new position in Kinder Morgan Canada during the second quarter valued at approximately $37,000. Rakuten Securities Inc. purchased a new stake in Kinder Morgan Canada in the 2nd quarter worth approximately $38,000. BOK Financial Private Wealth Inc. purchased a new stake in Kinder Morgan Canada in 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
OTCMKTS:KMLGF opened at $10.88 on Friday. The company has a 50 day moving average price of $10.88 and a 200-day moving average price of $10.88. Kinder Morgan Canada Limited has a 1-year low of $8.05 and a 1-year high of $35.53.
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.
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