TSE:KEY

Keyera Corp (KEY.TO)

57.53
+0.25 (0.44%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 12 opinions in the last 12 months.

Keyera Corp (KEY-T) has garnered a mixed yet largely positive outlook from various analysts. Many experts appreciate the company's stable cash flows and growth potential, particularly in light of its recent performance and the Plains acquisition, which is seen as a strong catalyst. However, there are concerns about a government probe related to the acquisition and the company's exposure to fluctuations in oil prices, which could impact its market value. While some view Keyera as an appealing investment opportunity in the energy infrastructure sector, particularly with its dividend yield over 5%, questions about its long-term viability and competition from peers like Enbridge and Pembina have been raised. Overall, experts recognize the company's growth trajectory but urge caution given the current market landscape.

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Consensus
Positive
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Valuation
Fair Value
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Similar
ENB,ENB
TOP PICK
Won't be affected too much by the price of oil/gas as they are more of a processor/distributor. Even after conversion, he feels they will be able to pay distributions. Yields about 11%. (Bail out at $15.)
HOLD
Fantastic business. Doesn’t know what kind of hit they will take in a conversion. Enamored with the cash flow model. No intention of selling / is going to wait it out for the conversion. When it converts it will have a strong dividend and is the kind of stock he would want to own.
BUY
(Market Call Minute.) Great midstream player. Very good in the energy restructure business.
PAST TOP PICK
(A Top Pick July 3/07. Up to 17%.) Sees a step change in natural gas development west of 5. Going to deep wells and horizontal legs. The multi-fracturing development is bringing out gas that was previously not producible that will go through their facilities.
TOP PICK
In the mid stream of the natural gas. They take natural gas from the fields and change the sour gas to usable gas. Not exposed to the natural gas price directly.
BUY
(Market Call Minute.) Great business and great exposure to a number of high-growth areas.
BUY
Pipeline and energy infrastructure company. Earnings last week were terrific. A year ago, their earnings were $.36 and Q3 this year was $.55.
TOP PICK
Run gas plants that process sour gas; take natural gas liquids off, etc. Very stable and growing cash flow. Expected to be a potential takeout candidate.
BUY
And infrastructure play. They own pipelines, storage facilities. The backbone for the oil/gas sector. Have long life assets so don't have to put a lot of cash into them. Slow growth business. A good hold.
HOLD
Natural gas processor. This one is on his radar screen. 7.8% yield.
TOP PICK
Natural gas gathering & processing facility. Great management team. High-quality assets. Focused primarily on sour gas, which is a little more specialized and stable. A lot of organic growth opportunities. Good entry point.
BUY
The pipeline trusts is a sector with tremendous value. Offer better value than the pipeline companies. He owns Keyera (KEY.UN-T), Inter-Pipeline (IPL.UN-T), Fort Chicago (FCE.UN-T) and Pembina (PIF.UN-T). Distributions have held and the yields are up. Feels they will be taken out.
HOLD
Have a lot of gas storage. Exposed to the frac spread that hasn't been working in its favour lately. (Difference between oil/natural gas prices.)
BUY
A midstream facilities company. They take gas and run it through a chilling unit, which gives them butane/propane condensate, which they can sell for more than the gas is worth. Very profitable.
BUY
Has one of the largest natural gas midstream businesses and are mainly focused on sour gas gathering and processing. Strong management team and high quality assets. There may be more weakness in their 4th quarter because of propane. Good opportunity to pick up.
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