CALGARY - Kinder Morgan Canada Ltd. says it is continuing to evaluate its strategic options and hopes to announce its next steps in coming weeks. A sign warning of an underground petroleum pipeline is seen on a fence at Kinder Morgan's facility where work is being conducted in preparation for the expansion of the Trans Mountain Pipeline, in Burnaby, B.C., on April 9, 2018. Kinder Morgan Canada Ltd. says it is continuing to evaluate its strategic options and hopes to announce its next steps in coming weeks. ( Darryl Dyck / THE CANADIAN PRESS )Chief financial officer Dax Sanders says in a news release the options being evaluated include continuing as a standalone enterprise, a disposition by sale and a strategic combination with another company. He says the process, which analysts had expected to be complete by now, is taking longer than anticipated due to the “complexity” of the situation.

Source: thestar April 17, 2019 20:48 UTC