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TSE:KEY

Keyera Corp (KEY.TO)

59.06
-1.02 (1.70%)
as of Aug 25, 2026, 8:00:00 pm Market Open.
553 watching
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Investor Insights
star iconAug 25, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Keyera Corp (KEY-T) has garnered mixed reviews from experts in the energy infrastructure sector. Many analysts appreciate its position in Western Canada and the synergies gained from the recent Plains acquisition, which are expected to fuel growth through 2030. The company boasts stable cash flows and a good track record of EPS growth, alongside an attractive yield, although concerns have been raised regarding its higher valuation compared to peers. While some experts emphasize the volatility in the marketing segment and exposure to commodity prices, they also acknowledge that the overall fundamentals and growth opportunities remain strong. The consensus among many is that, despite slight risks and current market pressures, Keyera Corp presents a compelling investment opportunity at these levels.

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Consensus
Positive
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Valuation
Fair Value
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Similar
ENB
TOP PICK
Key Access Pipeline will go OK. Marketing division has been on fire. Good balance sheet. Trades at reasonable 16.7x PE, with free cashflow per share growth profile of 11%. Likes the dividend and security of growth profile. Yield is 6%. (Analysts’ price target is $35.93)
TOP PICK
6% dividend that is consistent and safe presenting opportunity for investors. Recent pipeline construction scheduled for completion on time. Strong financial metrics with reasonable trading multiple.
BUY
It is a natural gas producer in Alberta which has a much improved oil and gas industry. It is attractively priced along with Pembina. If looking for a smaller company in the oil and gas field Keyera is good.
HOLD
Lacklustre performance. More likely to be acquired because it's small. If you own it, he doesn't have a problem with it. There are names he likes better. See his Top Picks.
COMMENT
Suncor vs. Keyera Very different companies. SU is huge, vertically integrated. KEY is a midstream that processes and distributes nat gas. Keyera is paid by the volume they produce, so it's a steady business. But SU relies on the price of oil, which is high now, but was low 24 months ago. SU also has refinery operations and retail, so there are revenues there too, and slightly less dependent on crude oil prices. Do you have the highs and lows of Suncor or the steadiness of Keyera?
BUY

A good income name to own. If energy prices remain this high, it will benefit all Canadian midstream operators.

WAIT
One of the better positioned mid-stream companies. Robust growth profile. Likes the business, large beat on results. He's owned it off and on, but better opportunities elsewhere. Once concern is competition from PPL-KKR joint venture.
HOLD
Instead of ENB, prefers KEY in the pipeline space. It's smaller with an easier business model.
COMMENT
Yield pretty secure at over 7%.. Has paid down debt and good re-structuring has been done during the downturn. Things have turned around in Alberta and this looks good to last. Stick with it.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Trading at 16x earnings with a 6.6% dividend. A nat gas company with good cash flow. Although debt is fairly high and growth has not been good, cash flow is stable and the company has been profitable. Don’t expect huge gains, but good for income. Unlock Premium - Try 5i Free

BUY
Owns company and has held for a long time. Believes excellent management, key infrastructure, strong balance sheet and disciplined capital spending. Dividend yield is very compelling (6.5%). Operating in key areas. Will continue to hold.
COMMENT
Well-run and the dividend should be safe, but she owns Pembina instead. She owns pipelines, not oil producers.
HOLD
Stock's taking a pause since it had a significant run from the lows in 2020. Core business is in the sweet spot. One of the better, well run companies in the space. Under-levered. Challenging environment to allocate new capital, and management is being prudent. Attractive assets. Yield is over 6%.
HOLD
It probably has limited upside at this point. It has faltered as of late. He would not add to it at this point.
BUY
Takeover candidate? Attractive assets. He can't speculate on the possibility of a takeover. If it happens, wonderful. Dividend growth is less likely. In the right space and acting quite well. Yield is 6%.
Showing 46 to 60 of 395 entries