Keyera Corp (KEY.TO)

(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.

Extremely well run. With US gas production, pretty well hitting record levels, we are seeing western gas backed out. Focus on liquids production is now playing into this company’s hands in that they are a processor of liquids associated with gas production. Longer-term, this company will benefit from capacity in the liquids rich shale plays that are targeted to possibly go to export markets, other than the US.

Very well run company. Has had a move but for the long-term it still pays a great dividend. Has increased the dividend significantly over the years. 4.1% dividend yield.

One of the best respected management teams in the oil patch. If this company doesn’t exist oil and natural gas companies can’t function. They are a processor and distributor of natural gas and propane. Significantly important infrastructure. Have a history of increasing dividends. Good solid balance sheet. Yielding a little over 4%.

Not his Top Pick. You could let it go a bit further if you are going to average down.

Had a bit of a stumble earlier this year because of natural gas liquids and frac spreads. Last quarter was not so bad. A good long-term investment.

Midstream operator. Tremendous track record from its 2004 IPO. Had one bad quarter and the stock sold off from $52 to $39 giving a golden opportunity to step in. Even at $47, he thinks it is worth $53. Tremendous small tuck-in acquisition potential as well as projects they have going on in Alberta. 4.3% dividend yield.