Csenge Advisory Group Invests $1.64 Million in Kinder Morgan Canada Limited $KMLGF

Csenge Advisory Group purchased a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 51,191 shares of the company’s stock, valued at approximately $1,637,000.

Other large investors have also recently added to or reduced their stakes in the company. Bruni J V & Co. Co. acquired a new stake in Kinder Morgan Canada in the second quarter valued at about $45,364,663,000. Compass Wealth Management LLC acquired a new position in Kinder Morgan Canada during the 2nd quarter worth approximately $3,847,000. Diversify Advisory Services LLC acquired a new position in Kinder Morgan Canada during the 2nd quarter worth approximately $1,460,000. Addison Advisors LLC purchased a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $37,000. Finally, Tocqueville Asset Management L.P. purchased a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $5,414,000.

Kinder Morgan Canada Price Performance

KMLGF opened at $10.88 on Thursday. 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 Limited has a 12 month low of $8.05 and a 12 month 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.