TSE:KEY

Keyera Corp (KEY.TO)

54.76
+0.22 (0.40%)
as of Sep 14, 2026, 8:00:01 pm Market Open.
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Investor Insights
star iconSep 14, 2026, 12:00 am

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.

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Consensus
Positive
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Valuation
Overvalued
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Similar
ENB
PAST TOP PICK
(Top Pick Nov 3/09, Up 40.14%)
TOP PICK
Have storage for Natural Gas. Nice dividend after conversion to corporation. Clean natural gas for a fee. Chemicals for oil sands.
PAST TOP PICK
(A Top Pick Nov 3/09. Up 34.63%.)
TOP PICK
Midstream gas processor. When they convert, they don't have to cut the 7% distribution because their payout is about 65%. With that payout they will still be able to give organic growth.
BUY
Likes it. One of his larger holdings. A solid name and he is impressed with management. Good storage facilities. They are right in the sweet spot.
BUY
(Market Call Minute) Process gas and store various products. Have pipelines, 44% payout ratio not including special distribution
BUY
Extremely well managed and should continue to deliver good results. If looking for good, solid income in pipeline and midstream gathering space, this one and Inter Pipeline (IPL.UN-T) would be his top 2 picks. 7% distribution should be safe.
PAST TOP PICK
(A Top Pick May 20/09. Up 48.87%.) Should continue to grow.
BUY ON WEAKNESS
Midstream natural gas processor. Will have to convert to a corporation but management has indicated the dividend will remain at $1.80 for the next 5 years. This will be a dividend tax credit that will be more attractive. Not a tremendous amount of upside the nice dividend.
PAST TOP PICK
(A Top Pick Nov 28/08. Up 56%.) Still a Hold.
TOP PICK
Strong management. Great track record of creating value. High quality assets and strong market position. Gathering/processing side has good exposure to sour gas where most drilling is taking place. Also into natural gas liquids infrastructure, which is starting to pay dividends. Marketing side can be a little volatile but without much downside. 7.8% yield should continue after conversion.
BUY
Possibly will be able to retain distributions after 2011.
BUY
8.3% distribution and a recent $0.22.5 special dividend. Well managed. Good growth.
TOP PICK
A bit of a defensive name. Good place to be at this critical juncture of the market. Has outstripped most other energy infrastructure companies since 2005. Distribution of about 9% with a payout ratio of less than 50%.
BUY
Recently gave guidance that they will be able to supplant and maintain current level of distributions in 2011. Strong businesses of 1) sour gas gathering and processing 2) transportation/storage and 3) energy marketing. Balance sheet is in good shape. 9.1% yield.
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