Skimming the Q2-2019 financial results of Kinder Morgan Canada (TSX: KML) – Entity is 30% owned by the public (roughly 35 million shares outstanding) while Kinder Morgan (USA) owns roughly 81 million shares. Because the public only owns 30% of the operating entity, even if the company reports $10 million in earnings, the public effectively … Continue reading Kinder Morgan Canada / Q2-2019