CALGARY, Dec. 3, 2018 /CNW/ – 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 … Continue Reading

CALGARY, Dec. 3, 2018 /CNW/ – Representatives of Kinder Morgan, Inc. (KMI), which owns a controlling interest in Kinder Morgan Canada Limited (KML), intend to participate in investor meetings at the Wells Fargo Energy Symposium on Wednesday, December 5, 2018 in New York City to discuss the business and affairs of KMI, which may include discussion of KML’s business.

Interested parties will be able to view the materials to be presented on the day of the event by visiting KML’s website at https://ir.kindermorgancanadalimited.com/presentations-and-webcasts or KMI’s website at: https://ir.kindermorgan.com/presentations-webcasts. The live presentation for the conference will also be … Continue Reading

Board of Directors Confirms Distribution of Proceeds of Trans Mountain Pipeline and Expansion Project Sale as Return of Capital

CALGARY, Nov. 29, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) announced that KML shareholders at a special meeting in Calgary, Alberta, today voted to approve two special resolutions. The first was a reduction of the stated capital account of the restricted voting shares by an aggregate amount equal to $1.45 billion. The second resolution was a consolidation of the issued and outstanding restricted voting shares and special voting shares of KML on the basis of one … Continue Reading

CALGARY, Nov. 9, 2018 /CNW/ – Representatives of Kinder Morgan, Inc. (KMI), which owns a controlling interest in Kinder Morgan Canada Limited (KML), intend to participate in investor meetings at the RBC Capital Markets Midstream Conference on Tuesday, November 13, 2018 in Dallas, Texas, to discuss the business and affairs of KMI. In addition, representatives of KMI intend to participate in investor meetings at the Bank of America Merrill Lynch Global Energy Conference on Thursday, November 15, 2018 in Miami, Florida, to discuss the business and affairs of KMI. Both of these events may include discussion … Continue Reading

Closes on Trans Mountain Sale and Proposes Distribution of Proceeds as a Return of Capital

CALGARY, Oct. 17, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the third quarter of 2018 of $0.1625 per restricted voting share ($0.65 annualized), payable on November 15, 2018, to restricted voting shareholders of record as of October 31, 2018. KML’s restricted voting share dividends are eligible dividends for Canadian income tax purposes.

“KML’s strategic infrastructure operations across western Canada had a strong third quarter, underpinned by multi-year take-or-pay contracts with … Continue Reading

CALGARY, Oct. 11, 2018 Kinder Morgan Canada Limited (TSX: KML) announces the following webcast and dial-in information for its 2018 third quarter earnings results:

What:         

Kinder Morgan Canada Limited (KML) 2018 Third Quarter Earnings Results

When:        

Wednesday, October 17, 2018, at 2:30 p.m. MT (4:30 p.m. ET)

Where:        

To listen, please dial 1-630-395-0289 and enter the passcode 9012289. A recording of the conference call will be available for replay one hour after the call until end of day October 24, 2018. To access the replay, please dial 1-203-369-3483 and enter passcode 3570.

A live webcast of the conference call … Continue Reading

KML Expected to Distribute $11.40 per Share as a Return of Capital

CALGARY, Sept. 4, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) 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 … Continue Reading

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 on Wednesday and Thursday, September 5-6, 2018 in London and Switzerland to discuss the business and affairs of KMI.  In addition, representatives of KMI intend to participate in investor meetings at the Barclays Energy CEO Conference on Wednesday, September 5, 2018 in New York, New York to discuss the business and affairs of KMI.  Both of these events may include discussion of KML’s business. Interested parties will … Continue Reading

Board Determination on Use of Proceeds Expected September 4, 2018

CALGARY, Aug. 31, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) have been indirectly acquired by the Government of Canada, through Trans Mountain Corporation (a subsidiary of the Canada Development Investment Corporation) for cash consideration of $4.5 billion.  The sale price is subject to customary purchase price adjustments as provided in the purchase agreement.  The KML board plans to complete its ongoing deliberations regarding the use of the after-tax net proceeds … Continue Reading

Closing Expected as early as August 31, 2018

CALGARY, Aug. 30, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that KML shareholders have voted to approve the sale of the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) to the Government of Canada at a special meeting of shareholders held on August 30, 2018 in Calgary, Alberta.  

A total of 324,578,862 shares were voted in person and by proxy at the meeting, representing 87.70 percent of KML’s issued and outstanding shares entitled to vote.  A majority of not less than two-thirds of … Continue Reading

CALGARY, Aug. 16, 2018 /CNW/ – Representatives of Kinder Morgan, Inc. (“KMI”), which owns a controlling interest in Kinder Morgan Canada Limited (“KML”), intend to participate in investor meetings at the Citi MLP / Midstream Infrastructure Conference on Thursday, August 16, 2018 in Las Vegas, Nevada to discuss the business and affairs of KMI, which may include discussion of KML’s business. Interested parties will be able to view the materials to be presented on the day of the event by visiting KML’s website at https://ir.kindermorgancanadalimited.com/presentations-and-webcasts or KMI’s website at: https://ir.kindermorgan.com/presentations-webcasts.

About Kinder Morgan Canada
Kinder Morgan Canada … Continue Reading

Trans Mountain Transaction on Track to Close; KML Terminal Expansions Continue

CALGARY, July 18, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the second quarter of 2018 of $0.1625 per restricted voting share ($0.65 annualized), payable on August 15, 2018, to restricted voting shareholders of record as of July 31, 2018.  KML’s restricted voting share dividends are eligible dividends for Canadian income tax purposes.

“KML had a strong second quarter due to its diverse portfolio of fee-based assets and stable cash flows,” said KML Board Chairman … Continue Reading