TSE:KEY

Keyera Corp (KEY.TO)

58.35
+1.01 (1.76%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 25, 2026, 12:00 am

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

Keyera Corp (KEY-T) is viewed positively by several experts, highlighting its solid growth prospects and stable cash flows derived from its midstream operations in the natural gas sector. The recent Plains transaction is noted as a potential catalyst for future performance, with some analysts emphasizing its competitive valuation compared to peers, trading at a 15.5x PE ratio with an anticipated growth rate of 18%. Concerns have been raised regarding the ongoing probe into the proposed acquisition and exposure to fluctuating oil prices, which could impact its stock performance. Despite a perception that the stock may no longer be a bargain, many experts see it as a worthwhile investment for those lacking energy infrastructure exposure. Overall, there is recognition of Keyera's strategic position in the growing LNG market and its long-term growth potential.

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Consensus
Positive
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Valuation
Fair Value
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Similar
ENB
BUY
A very well managed company. Focused on the mid stream part of the oil/gas industry. Have a lot of sour gas plants and basically are looking at some of the extraction facilities. Strong niche position. Growth through aquisitions.
TOP PICK
Good trust model. Located between gas fields and the consumer. They collect gas, process it, break it into natural gas liquids and ship the rest into the main stream pipelines. No real commodity risks. Basically being paid to transport a product from one place to another. Payout ratio in line at about 88%. Distribution is $1.26 which is expected to rise to $1.30 or so.
BUY
A toll gate. Natural gas which comes out of the ground with impurities, including sulfer has to be cleaned up before it can be put into the pipeline and this is what they do. No commodity risk, so not dependent on natural gas prices. Thinks the 8% yield is pretty good. Interest rate sensitive.
HOLD
Worried about yields. Hold to see yields
BUY
Likes this trust a lot. It has a going forward yield of about 8%. Likes management. Very aggressive in going out and filling up the capacity in their system.
PAST TOP PICK
(A Top Pick Nov 22/04. Up 5.5%.) Buy income trusts primarily for the yield. A very stable business. Limited commodity risks. Good yield.
BUY ON WEAKNESS
Stacks up pretty well to comparable trusts. Well run. Sold their holdings when it got too high. Near the higher end of their shorter term valuation.
BUY
8% yield. Payout ratio of about 90%. Has a very high tax deferment.
TOP PICK
One of the higher yields. Very steady business. No commodity risks. Yield of around 9%.
BUY
Very impressed with management. Have excess capacity in their system.
DON'T BUY
Level is a little high at this time. Fundamentally a good company.
TOP PICK
Did a fairly significant stock offering last week. A very stable business. No commodity risk. Very attractive yield and very liquid.
BUY
Has recently increased its distributions. A very good trust. Their natural gas liquids business has done very well.
BUY
Outlook for their sector is quite attractive. Should continue to see high drilling in Western Canada.
BUY
A mid-stream company that is less risky than others. Pays a fair return.
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