KML.TO - Kinder Morgan Canada Limited

Toronto - Toronto Delayed Price. Currency in CAD
16.79
+0.02 (+0.12%)
At close: 4:00PM EDT
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Previous Close16.77
Open16.75
Bid16.69 x 0
Ask16.97 x 0
Day's Range16.60 - 16.82
52 Week Range14.93 - 20.00
Volume209,412
Avg. Volume350,440
Market Cap1.756B
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)-0.78
Earnings DateN/A
Forward Dividend & Yield0.65 (3.85%)
Ex-Dividend Date2018-07-30
1y Target Est17.22
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  • Why Kinder Morgan (KMI) Could Beat Earnings Estimates Again
    Zacks4 days ago

    Why Kinder Morgan (KMI) Could Beat Earnings Estimates Again

    Kinder Morgan (KMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Kinder Morgan Might Cash in on the Rest of its Canadian Assets
    Motley Fool6 days ago

    Kinder Morgan Might Cash in on the Rest of its Canadian Assets

    The pipeline giant has hired bankers to explore the sale of its Canadian subsidiary.

  • Kinder Morgan to Divest Canadian Assets, Hires TD Securities
    Zacks6 days ago

    Kinder Morgan to Divest Canadian Assets, Hires TD Securities

    Kinder Morgan (KMI) intends to sell Canadian assets due to resistance from environmental groups and First Nations groups.

  • Better Buy: Kinder Morgan, Inc. vs. Enterprise Products Partners L.P.
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  • Reuters9 days ago

    Kinder Morgan hires TD to sell Canadian business: sources

    TORONTO/NEW YORK (Reuters) - Kinder Morgan Inc (NYSE:KMI - News) has hired investment bank TD Securities (Toronto:TD.TO - News) to facilitate a potential sale of its Canadian business, which could fetch as much as C$2.4 billion ($1.8 billion), people familiar with the situation told Reuters this week. Should the move succeed, it would mark the exit of the U.S. pipeline giant from Canada, having closed its sale of the Trans Mountain pipeline to the Canadian government for about C$4.5 billion at the end of last month. After the Reuters report on the hiring of the bank, shares in Kinder Morgan Canada Ltd (Toronto:KML.TO - News), which completed its initial public offering just last year, turned positive and jumped 3.7 percent to a three-month high.

  • Why Hold Strategy is Apt for Kinder Morgan (KMI) Stock Now
    Zacks9 days ago

    Why Hold Strategy is Apt for Kinder Morgan (KMI) Stock Now

    Kinder Morgan (KMI) has the largest network of natural gas pipeline in North America that spreads across almost 70,000 miles.

  • The Wall Street Journal10 days ago

    [$$] Coal Prices Rise as Hurricane Florence Disrupts Exports

    Rising coal prices could get another boost as Hurricane Florence shuts down exports from the Virginia coast, halting supplies to elsewhere in the world. With the powerful hurricane bearing down on the Southeast, terminals in and near Norfolk, Va., that handle the majority of U.S. coal exports were, as of Thursday afternoon, permitted to receive ships on a case-by-case basis, needing approval by the U.S. Coast Guard. Cutting off exports could support coal prices, which have already been rebounding, according to Seaport Global Securities LLC analyst Mark Levin.

  • Kinder Morgan Inc. Is Still on the M&A Sidelines
    Motley Fool13 days ago

    Kinder Morgan Inc. Is Still on the M&A Sidelines

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  • Pipeline Sale Fails to Impress Investors as Kinder (TSX:KML) Shares Dip Below IPO Price
    The Motley Fool13 days ago

    Pipeline Sale Fails to Impress Investors as Kinder (TSX:KML) Shares Dip Below IPO Price

    A court ruling was a setback for the expansion of Trans Mountain Pipeline. Its acquisition by the government takes a big chunk from the company's assets, but Kinder Morgan Canada Ltd. (TSX:KML) plans to return $1.2 billion of the $4.5 billion paycheck to shareholders and slash debt.

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  • Indigenous groups still want to buy stake in Trans Mountain after court setback
    The Canadian Press14 days ago

    Indigenous groups still want to buy stake in Trans Mountain after court setback

    Some First Nations and Metis communities are determined to purchase an equity stake in the Trans Mountain pipeline expansion despite a court ruling that halted construction and potentially set the project back for years. The Federal Court of Appeal ruling quashed the government's approval of the project, requiring it to examine the impacts of increased tanker traffic and consult more deeply with Aboriginal groups along the pipeline route. Indigenous groups in Fort McMurray, Alta., say they still want to invest in the project and believe the ruling creates an opportunity for Prime Minister Justin Trudeau's government to get consultation right.

  • Kinder Morgan Plans to Quit Canada Operations: Here's Why
    Zacks16 days ago

    Kinder Morgan Plans to Quit Canada Operations: Here's Why

    Kinder Morgan (KMI) expects favourable market for the sale of its remaining assets in Canada.

  • Motley Fool17 days ago

    Kinder Morgan Inc. Officially Locks In More Growth

    The natural gas pipeline company quickly filled up the capacity of its Permian Highway Pipeline.

  • Kinder Morgan Reaches New Milestone With FID on PHP Project
    Zacks17 days ago

    Kinder Morgan Reaches New Milestone With FID on PHP Project

    Kinder Morgan (KMI) expects the Permian Highway Pipeline (PHP) Project to come online in late 2020.

  • Kinder Morgan Inc. Has Come a Long Way
    Motley Fool18 days ago

    Kinder Morgan Inc. Has Come a Long Way

    With the company using the proceeds from the Trans Mountain Pipeline sale to repay debt, its balance sheet has gone from a liability to an asset.

  • Business Wire19 days ago

    Kinder Morgan to Apply Trans Mountain Proceeds to Debt Reduction

    As a result, KMI currently expects to end the year at a Net Debt-to-Adjusted EBITDA ratio of approximately 4.6 times, and expects to have reduced its consolidated net debt by approximately $7.8 billion since the third quarter of 2015. “Today, we are revising our long-term leverage target from at or below 5.0 times to around 4.5 times, which is consistent with where we expect to end the year,” said KMI President Kim Dang. Kinder Morgan, Inc. (KMI) is one of the largest energy infrastructure companies in North America.

  • CNW Group19 days ago

    KML Shareholders to Receive Trans Mountain Transaction Proceeds

    CALGARY, Sept. 4, 2018 /CNW/ - The Kinder Morgan Canada Limited (TSX:KML.TO - News) board today announced a series of decisions following the closing of the sale of the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) to the Government of Canada.  The KML board unanimously voted to distribute the net proceeds from the sale, after capital gains taxes, customary purchase price adjustments and repayment of KML debt, as a return of capital to shareholders. The return of capital to holders of KML's restricted voting shares is expected to be approximately $1.2 billion or approximately $11.40 per restricted voting share.

  • Kinder Morgan Inc. Dodged a Bullet in Canada
    Motley Fool19 days ago

    Kinder Morgan Inc. Dodged a Bullet in Canada

    A recent court decision to nullify the approval of the Trans Mountain Pipeline expansion means the company made the right decision to hand over that project to the Canadian government.

  • Kinder Morgan (KMI) Completes Sale of Trans Mountain Project
    Zacks19 days ago

    Kinder Morgan (KMI) Completes Sale of Trans Mountain Project

    Kinder Morgan's (KMI) subsidiary will take a final decision related to utilization of the after-tax net proceeds of the transaction on Sep 4, 2018, after market close.

  • The Canadian Press23 days ago

    Trans Mountain expansion could be delayed for years by court decision: experts

    The Federal Court of Appeal's decision to quash Ottawa's approval of the Trans Mountain pipeline expansion is likely to delay the project for years, legal and political observers say. The ruling means the National Energy Board must consider the impacts of increased tanker traffic on the marine environment and the federal government must consult more meaningfully with First Nations. The energy board should first conduct its new review, which will involve receiving written submissions, consulting with Indigenous groups and holding hearings, said Chris Tollefson, a law professor at the University of Victoria.

  • Alberta projects $1B deficit drop, says pipeline ruling won't derail budget
    The Canadian Press23 days ago

    Alberta projects $1B deficit drop, says pipeline ruling won't derail budget

    Alberta's finance minister says the court decision putting the Trans Mountain pipeline expansion in legal limbo won't affect the long-term plan to rid the province of red ink by 2024. Joe Ceci says the province is relying on revenues not just from the Trans Mountain expansion but other pipeline projects as well, such as the Line 3 expansion from Alberta to Wisconsin and the Keystone XL line to the U.S. Gulf Coast. "There are a number of assumptions, not just (Trans Mountain.) We have two other pipelines that are in play and will help us out in that path to balance," Ceci said Friday after announcing numbers for the first quarter of this year's budget.

  • CNW Group23 days ago

    Kinder Morgan to Participate in Upcoming Investor Meetings and at the Barclays Energy Conference

    CALGARY , Aug. 31, 2018 /CNW/ - Representatives of Kinder Morgan , Inc. (KMI), which owns an approximately 70 percent interest in Kinder Morgan Canada Limited (KML), intend to participate in investor meetings ...