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Kinder Morgan Canada Ltd (KML.TO)

KML.TO on Toronto Stock Exchange

19.40CAD
20 Feb 2018
Change (% chg)

$0.00 (+0.00%)
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$19.40
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Volume
233,656
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$20.00
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$15.17

Latest Key Developments (Source: Significant Developments)

Kinder Morgan Sees Placement Of $3.2 Bln Of Growth Projects In Commercial Service During 2018‍​
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Kinder Morgan Inc ::KINDER MORGAN SEES PLACEMENT OF $3.2 BILLION OF GROWTH PROJECTS IN COMMERCIAL SERVICE DURING 2018 ‍​.KINDER MORGAN - IN 2018, EXPECT TO FUND ALL INVESTMENT NEEDS, OTHER THAN DEBT MATURITIES, WITH INTERNAL CASH FLOW.KINDER MORGAN - U.S. TAX REFORM TO HAVE ONE-TIME, NON-CASH NEGATIVE IMPACT OF ABOUT $1.4 BILLION TO GAAP EARNINGS.KINDER MORGAN SAYS INITIATED $2 BILLION BUYBACK IN DEC 2017, 1 MONTH AHEAD OF ORIGINAL TARGET‍​.KINDER MORGAN SEES TOTAL SUSTAINING CAPITAL EXPENDITURES OF $664 MILLION FOR 2018.  Full Article

Kinder Morgan Canada - Kinder Morgan Cochin, Trans Mountain Pipeline Entered First Amending Agreement To Credit Agreement
Wednesday, 24 Jan 2018 

Jan 23 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA LTD - UNITS KINDER MORGAN COCHIN ULC, TRANS MOUNTAIN PIPELINE ULC ENTERED INTO FIRST AMENDING AGREEMENT TO CREDIT AGREEMENT.KINDER MORGAN CANADA - FIRST AMENDING AGREEMENT EXTENDS CURE PERIOD FOR ANY POTENTIAL DEFAULT DUE TO CONSTRUCTION OF TRANS MOUNTAIN EXPANSION PROJECT.  Full Article

Kinder Morgan Canada Announces Commencement Of Operations At Base Line Terminal
Tuesday, 16 Jan 2018 

Jan 15 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN ANNOUNCES COMMENCEMENT OF OPERATIONS AT THE 4.8 MILLION BARREL BASE LINE TERMINAL.‍ REMAINING EIGHT TANKS AT FACILITY ARE EXPECTED TO BE PHASED INTO SERVICE THROUGHOUT 2018​.KINDER MORGAN CANADA - ‍COMMENCEMENT OF SERVICE FOR FIRST 4 OF 12 CRUDE OIL STORAGE TANKS AT BASE LINE TERMINAL.  Full Article

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

British Columbia challenges Alberta wine ban in oil row

VANCOUVER British Columbia said on Monday that it will formally challenge a ban of its wine by Alberta under Canada's national free-trade pact, as a battle between the two provinces over a crude oil pipeline expansion project rages on.