Keyera Corp (KEY.TO)

One of the best run infrastructure companies out there. Strong management. Feels there is probably 10%-15% upside in the stock price. There is probably room for dividend expansion. 3.6% yield.

The company is no bargin here. The company continues to grow, but is too expensive now.

(Top Pick May 10/12, Up 53.53%)

(A Top Pick April 4/12. Up 25.66%.)

(Top Pick May 4/12, Up 62.72%)

Should I take some profits and transfer into Inter Pipeline (IPL.UN-T) or Vermilion (VET-T)? Transferring some funds into Inter Pipeline would be a good idea but he would stay away from Vermilion. Vermilion is a fine name but he wouldn’t want to hold a producer if he could hold an energy infrastructure.

(Market Call Minute.) Great company and has had very good growth but getting in is a little expensive here.

Monetary policy is pushing people to do something with cash to generate a return. In dividend investments, where you make your money, this is buying something that has a sustainable yield and one that will grow. There is a shortage of midstream energy infrastructure today. This deals largely with liquefied natural gas. Have volume growth and raising their prices. Thinks you will get 10%-20% of cash flow growth over the next 5 years. 3.7% dividend yield.

The whole energy sector recently came down to the area where he says to start nibbling away. You can start putting money to work in this sector. There could be a little downside still.

(A Top Pick May 11/12. Up 36.26%.) Trimmed his position a little bit recently but still likes. Really, really well managed. Not cheap, but has some big projects and he could see it trading in the $60’s at some point.

Fully valued. He has been trimming some of his holdings. Had a bad quarter due to a bad hedge but this has been rectified and this recent quarter was very good. Traditionally grown the dividend yield by about 8% per year. Would consider buying at $50-$52.

Great company. Midstream natural gas collector as well as a number of other businesses. Has been trimming his holdings. Valuation has gotten too rich at this time. Better opportunities elsewhere.

(Market Call Minute.) Has had a good run

(A Top Pick March 29/12. Up 36.26%.) Processes natural gas and marketing natural gas liquids. Doesn’t depend on the price of the commodity to make money. Has gotten a little bit ahead of itself and he sold some of his positions.

(Market Call Minute) Has had a really good run here.