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Stock impact report

Kinder Morgan Canada Limited Announces 2019 Financial Expectations

Kinder Morgan, Inc. (KMI) 
Last kinder morgan, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kindermorgan.com
Company Research Source: PR Newswire
CALGARY, Dec. 3, 2018 /PRNewswire/ - Kinder Morgan Canada Limited (TSX: KML) today announced its preliminary 2019 financial projections."We expect 2019 to be a good year for Kinder Morgan Canada Limited business," said KML Chairman and CEO Steve Kean.  "KML's strategic assets include the Canadian portion of the Cochin Pipeline system transporting light condensate from the United States to Fort Saskatchewan, Alberta, one of the largest integrated networks of crude tank storage and rail terminals in Western Canada, and the largest mineral concentrate export/import facility on the west coast of North America.  Those assets are expected to continue to generate substantial value for KML shareholders in 2019. "As we have said previously, the original purpose of KML was to hold a strong set of midstream assets to provide a funding mechanism for the Trans Mountain expansion," continued Kean.  "In light of the Trans Mountain sale, which closed Aug. 31, 2018, KML is evaluating all options in or Show less Read more
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