
TSE:KEY
This summary was created by AI, based on 16 opinions in the last 12 months.
Keyera Corp (KEY-T) has garnered a generally positive outlook from analysts, with many highlighting its recent acquisition of Plains and the subsequent growth potential through 2030. The company is seen as well-positioned in the energy infrastructure space within Western Canada, benefiting from increased demand for LNG and condensate, as well as production growth in the Montney region. Despite some concerns about valuation—with a PE ratio of 18.3x and moderate exposure to commodity prices—analysts note that it offers solid cash flow and dividends, making it a viable choice for investors looking for stability. The integration of Plains assets is a significant growth catalyst, and the company is expected to maintain its growth trajectory, evidenced by expectations of 23% EPS growth. However, caution is advised due to potential acquisition risks and market exposure, suggesting that while optimistic, investors should remain vigilant about market fluctuations and integration challenges.
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%.
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.
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.