KINDER MORGAN CANADA (KML) Stocks
ABOUT KINDER MORGAN CANADA
📊 Kinder Morgan Canada Limited Is a Canada-based energy infrastructure company. The company is focused on providing fee-based services to customers from an asset portfolio consisting of energy-related pipelines and liquid and bulk terminaling facilities.
📊 Kinder Morgan Canada Limited’s two business segments consist firstly of Terminals, which is comprised of the Vancouver Wharves Terminal and the terminals located in the Edmonton, Alberta area; and secondly Pipelines, which is comprised of Cochin and Jet Fuel.
📊 Kinder Morgan Canada Limited operates approximately 84 000 miles of pipelines and approximately 157 terminals. Its pipelines transport natural gas, gasoline, crude oil, carbon dioxide, and also stores and handles petroleum products, chemicals and other products.
OVERVIEW OF KINDER MORGAN CANADA
Kinder Morgan Canada Limited focuses on stable, fee-based energy transportation and storage assets that are central to the energy infrastructure of Western Canada. The company strives to promote shareholder value by increasing utilizing its existing assets while controlling costs and operating in a safe and environmentally responsible way.
The company manages and holds an approximate 30% minority equity interest in a portfolio of strategic energy infrastructure assets across Western Canada. Kinder Morgan Canada Limited also holds an approximate 70% majority voting interest in the company and a corresponding 70% equity interest in its business and assets.
Kinder Morgan Canada Limited leverages economies of scale from expansions of existing assets and potential incremental acquisitions that fit within its strategy and are accretive to cash flow and maintains a strong balance sheet in order to maximize value for its investors.
Kinder Morgan Canada Limited currently holds the largest mineral concentrate export and import facility on the west coast of North America. With respect to its liquids operations, the company has the only merchant terminal for import and export distillates in Port Metro, Vancouver.
Competing liquids facilities are significantly smaller than those of the company, which enjoys a superior and highly flexible dock, better storage, berth depth and ship loading capacity and unsurpassed rail access, when compared to the assets of the liquids terminal competitors.
In terms of bulk products handling competition, significant capital investment and regulatory approval requirements are barriers to entry for new bulk handling terminals.
While there are currently a number of potential competitive grain terminal projects contemplated or underway which may increase the competitive pressures on Kinder Morgan Canada Limited’s grain business, as a result of its berth depth, rail access and location, the company’s grain business will be able to maintain its strong competitive position
VISION & VALUES OF KINDER MORGAN CANADA
Kinder Morgan Canada Limited is committed to employing sustainable business practices, conducting its operations in an ethical and responsible manner, and complying with applicable laws, rules and regulations.
To this end, Kinder Morgan Canada Limited upholds its further commitment to honesty, integrity and respect, and expects its employees to uphold these standards at work every day.
MARKET PERFORMANCE OF KINDER MORGAN CANADA
Kinder Morgan Canada Limited trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol –KML.
Data from the company’s 2019 financial analysis shows a $ 12.4 million increase in income from continuing operations before income taxes, primarily attributable to increased earnings from both of its segments.
Kinder Morgan Canada Limited’s Terminals segment showed revenue of $ 24.1 million on the previous year, an increase of 10%; the company’s Pipeline segment showed revenue of $ 6.5 million, and increase of 15% on the previous year.
The company’s strong performance, bolstered by its strong market position, has allowed it to continue its history of providing a flourishing share price for investors with good long-term growth in dividends, securing a solid buy-in for those who choose to purchase shares today.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy KINDER MORGAN CANADA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN KINDER MORGAN CANADA STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE KINDER MORGAN CANADA STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of KINDER MORGAN CANADA stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy KINDER MORGAN CANADA stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?