Kinder Morgan Canada Ltd (KML) Forecasted to Post FY2019 Earnings of $0.27 Per Share
Kinder Morgan Canada Ltd (TSE:KML) – Analysts at National Bank Financial dropped their FY2019 earnings estimates for Kinder Morgan Canada in a report issued on Tuesday, December 4th. National Bank Financial analyst P. Kenny now expects that the company will earn $0.27 per share for the year, down from their prior forecast of $0.30. National Bank Financial has a “Sector Perform” rating and a $16.00 price target on the stock.
Kinder Morgan Canada (TSE:KML) last posted its earnings results on Wednesday, October 17th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$94.30 million for the quarter.
Kinder Morgan Canada stock opened at C$15.57 on Friday. Kinder Morgan Canada has a 52 week low of C$14.93 and a 52 week high of C$20.00.
About Kinder Morgan Canada
Kinder Morgan Canada Limited owns and operates pipeline systems and terminal facilities in Canada. It operates through two segments, Pipelines and Terminals. The Pipelines segment operates Trans Mountain pipeline that transports approximately 300,000 barrels per day of crude oil and refined petroleum from Edmonton, Alberta to Burnaby, British Columbia; Puget Sound pipeline serving Washington State; and Jet Fuel pipeline serving Vancouver International Airport.
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