PROCESSWEST Magazine Online

Kinder Morgan quarterly profits more than double

January 17, 2019   Don Horne




Kinder Morgan Canada Ltd reported on Wednesday its quarterly profit from continuing operations more than doubled as the company benefited from better performance in its pipeline and terminal business.

The company, which sold its Trans Mountain pipeline to the Canadian government in August, reported net income from continuing operations of $40.3 million for the fourth quarter ended Dec. 31, up from $18 million a year earlier.

(Reuters)

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