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Kinder Morgan Canada Ltd (KML.TO)

KML.TO on Toronto Stock Exchange

17.22CAD
12 Dec 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$17.22
Open
$17.15
Day's High
$17.28
Day's Low
$16.94
Volume
190,927
Avg. Vol
248,256
52-wk High
$18.60
52-wk Low
$15.17

Latest Key Developments (Source: Significant Developments)

Kinder Morgan Canada Says NEB Issued Order Granting Relief Requested By Trans Mountain Pipeline
Friday, 8 Dec 2017 

Dec 7 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA LTD SAYS NEB ISSUED AN ORDER GRANTING RELIEF REQUESTED BY TRANS MOUNTAIN PIPELINE ULC.KINDER MORGAN CANADA LTD SAYS OTHER RELIEF REQUESTED IN THIS MOTION IS PENDING IN A SEPARATE PROCEEDING.  Full Article

Kinder Morgan Canada Launches $200 Million Bought Deal Preferred Share Offering
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA LIMITED LAUNCHES $200 MILLION BOUGHT DEAL PREFERRED SHARE OFFERING.KINDER MORGAN CANADA -UNDERWRITERS AGREED TO PURCHASE 8 MILLION CUMULATIVE REDEEMABLE MINIMUM RATE RESET PREFERRED SHARES, SERIES 3 AT PRICE OF $25/SHARE.KINDER MORGAN CANADA - INTENDS TO USE PROCEEDS FROM OFFERING TO INDIRECTLY SUBSCRIBE FOR PREFERRED UNITS IN KINDER MORGAN CANADA LIMITED PARTNERSHIP.  Full Article

Kinder Morgan Canada Expects to Generate $349 Mln Distributable Cash Flow for 2018
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA LIMITED ANNOUNCES 2018 FINANCIAL EXPECTATIONS.KINDER MORGAN CANADA LTD - EXPECTS TO GENERATE $474 MILLION OF ADJUSTED EBITDA FOR 2018.KINDER MORGAN CANADA LTD - EXPECTS TO GENERATE $349 MILLION OF DISTRIBUTABLE CASH FLOW FOR 2018.KINDER MORGAN CANADA LTD - EXPECTS TO INVEST $1.9 BILLION ON EXPANSION PROJECTS AND OTHER DISCRETIONARY SPENDING IN 2018.KINDER MORGAN CANADA - SCOPE, PACE OF PERMITS & APPROVALS FOR TMEP DOES NOT ALLOW FOR SIGNIFICANT ADDITIONAL CONSTRUCTION TO BEGIN AT THIS TIME.KINDER MORGAN CANADA LTD - EXCLUDING AEDC, ADJUSTED EBITDA AND DCF ARE BUDGETED TO BE $403 MILLION AND $278 MILLION, RESPECTIVELY FOR 2018.KINDER MORGAN CANADA - FILED MOTIONS WITH NATIONAL ENERGY BOARD TO RESOLVE EXISTING DELAYS IN TMEP AS THEY RELATE TO CITY OF BURNABY.  Full Article

KINDER MORGAN CANADA FILES REQUEST WITH THE NATIONAL ENERGY BOARD
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA FILES REQUEST WITH THE NEB.KINDER MORGAN CANADA LTD - CO'S ‍SUBSIDIARY, TRANS MOUNTAIN, FILED A REQUEST TO NATIONAL ENERGY BOARD FURTHER TO ITS MOTION OF OCTOBER 29, 2017​.KINDER MORGAN CANADA - REQUEST FOR BOARD SET UP PROCESS TO DEAL WITH DISAGREEMENTS, WITH PROVINCIAL & MUNICIPAL AUTHORITIES TRANSPARENTLY & EFFICIENTLY​.  Full Article

Kinder Morgan Canada reports qtrly revenue of $167.0 mln
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Kinder Morgan Canada Ltd :Kinder Morgan Canada Ltd declares dividends and announces results for third quarter of 2017.Kinder Morgan Canada Ltd - in the third quarter, KML generated earnings per restricted voting share of $0.11‍​.Qtrly revenues $167.0 million versus $169.5 mln‍​.Kinder Morgan Canada Ltd - ‍pending receipt of some further permits and approvals, clearing and other construction activities will commence year in Alberta.Kinder Morgan Canada Ltd - ‍net income for quarter was impacted by a favorable change in foreign exchange loss​.Kinder Morgan Canada Ltd says construction preparation activity is off to a slower start than planned in ‍trans mountain project.Kinder Morgan Canada Ltd - delay in trans mountain​ project's ‍construction preparation activity due to time required to file for necessary permits, approvals.  Full Article

Kinder Morgan Canada reports increased preferred share offering
Friday, 4 Aug 2017 

Aug 3 (Reuters) - Kinder Morgan Canada Ltd ::Kinder Morgan Canada Limited announces increased preferred share offering.Kinder Morgan Canada Ltd - ‍aggregate gross proceeds of offering will now be $300 million​.Kinder Morgan Canada Ltd - ‍size of offering increased to 12 million shares​.  Full Article

UPDATE 2-Kinder Morgan Canada shares surge after ruling on pipeline permits

TORONTO/CALGARY, Alberta, Dec 8 Shares in Kinder Morgan Canada Ltd rose as much as 9.5 percent to a four-month high early on Friday, after a favorable ruling by the country's energy regulator on its Trans Mountain pipeline expansion boosted prospects of the contentious project.