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Company News

BRIEF-Kinder Morgan Canada Ltd announces qtrly ‍revenues $168.7 million

July 19 (Reuters) - Kinder Morgan Canada Ltd

* Kinder Morgan Canada Limited announces second quarter results and declares partial-period dividend of $0.0571 per restricted voting share

* Kinder Morgan Canada Ltd - Qtrly revenues $168.7 million versus $165.8 million

* Kinder Morgan Canada Ltd qtrly basic and diluted earnings per restricted voting share $0.11

* Kinder Morgan Canada Ltd - For 2017, expects to generate adjusted EBITDA of just under $400 million, DCF of approximately $320 million

* Kinder Morgan Canada - On track to begin construction on trans mountain expansion project in September

* Kinder Morgan Canada Ltd - Q2 net income was also impacted by a foreign exchange loss of $16 million versus an FX gain of $5.8 million in Q2 of 2016

* Kinder Morgan Canada - Expect to have trans mountain expansion project in service at the end of 2019

* Q2 earnings per share view C$0.14, revenue view c$183.8 million -- Thomson Reuters I/B/E/S

* Kinder Morgan Canada Ltd - Trans Mountain expansion project has remaining estimated cash spend to completion of approximately $6.1 billion as of end of Q2 Source text for Eikon: Further company coverage:

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