Heartland Advisors Inc. Invests $10.63 Million in Kinder Morgan Canada Limited $KMLGF

Heartland Advisors Inc. purchased a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 332,613 shares of the company’s stock, valued at approximately $10,634,000.

Other large investors have also added to or reduced their stakes in the company. Kayne Anderson Capital Advisors LP bought a new position in Kinder Morgan Canada during the 2nd quarter worth $297,670,000. Advisors Capital Management LLC bought a new stake in shares of Kinder Morgan Canada during the 2nd quarter valued at $97,668,000. Bruni J V & Co. Co. acquired a new stake in shares of Kinder Morgan Canada during the 2nd quarter worth $45,364,663,000. Northcape Wealth Management LLC bought a new position in shares of Kinder Morgan Canada in the second quarter worth $9,247,000. Finally, Tocqueville Asset Management L.P. bought a new position in shares of Kinder Morgan Canada in the second quarter worth $5,414,000.

Kinder Morgan Canada Price Performance

KMLGF stock opened at $10.88 on Friday. Kinder Morgan Canada Limited has a 52 week low of $8.05 and a 52 week high of $35.53. The business has a 50-day simple moving average of $10.88 and a 200 day simple moving average of $10.88.

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.