RR Advisors LLC Acquires Shares of 855,628 Kinder Morgan Canada Limited $KMLGF

RR Advisors LLC acquired a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 855,628 shares of the company’s stock, valued at approximately $27,354,000. Kinder Morgan Canada comprises 7.9% of RR Advisors LLC’s investment portfolio, making the stock its 4th biggest holding.

A number of other institutional investors also recently made changes to their positions in the business. Addison Advisors LLC purchased a new position in shares of Kinder Morgan Canada during the 2nd quarter valued at approximately $37,000. Rakuten Securities Inc. bought a new stake in shares of Kinder Morgan Canada in the second quarter worth $38,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Kinder Morgan Canada in the second quarter worth $49,000. Keating Financial Advisory Services Inc. acquired a new stake in Kinder Morgan Canada in the second quarter valued at $58,000. Finally, Hara Capital LLC acquired a new stake in Kinder Morgan Canada in the second quarter valued at $201,000.

Kinder Morgan Canada Stock Performance

OTCMKTS KMLGF opened at $10.88 on Monday. Kinder Morgan Canada Limited has a 12 month low of $8.05 and a 12 month high of $35.53. The company’s fifty day moving average price is $10.88 and its two-hundred day moving average price is $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.