Mystic Asset Management Inc. Makes New Investment in Kinder Morgan Canada Limited $KMLGF

Mystic Asset Management Inc. bought a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 98,857 shares of the company’s stock, valued at approximately $3,160,000.

A number of other large investors have also modified their holdings of KMLGF. Addison Advisors LLC purchased a new stake in shares of Kinder Morgan Canada during the 2nd quarter valued at about $37,000. BOK Financial Private Wealth Inc. acquired a new position in Kinder Morgan Canada during the 2nd quarter worth approximately $49,000. Hara Capital LLC purchased a new position in Kinder Morgan Canada in the 2nd quarter worth approximately $201,000. Pasadena Private Wealth LLC acquired a new stake in Kinder Morgan Canada in the second quarter valued at approximately $207,000. Finally, Portfolio Design Labs LLC acquired a new stake in Kinder Morgan Canada in the second quarter valued at approximately $209,000.

Kinder Morgan Canada Price Performance

OTCMKTS KMLGF opened at $10.88 on Friday. The company’s fifty day simple moving average is $10.88 and its 200-day simple moving average is $10.88. Kinder Morgan Canada Limited has a 52 week low of $8.05 and a 52 week 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.