TSE:KEY

Keyera Corp (KEY.TO)

57.53
+0.25 (0.44%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
548 watching
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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
COMMENT
IPL vs ENB? IPL is really a Western Canadian story with a 7.7% yield, whereas ENB is a North American play. IPL is building a petrochem plant, which is going to require a lot of debt. He thinks investors were upset with the take-over bid as they never were given a chance to vote on it. At this price level, he likes it. He prefers KEY.
BUY ON WEAKNESS
It is a core holding for him. It is more gas oriented. They are looking at an interesting expansion projects in western Canada and the stock does not get a lot of respect for them from this. He does not think they will have to issue equity but that threat may be overhanging the stock price. He likes the company and the management.
BUY
He's owned this before. It's formed a nice bottom, so it's a good time to buy it now. He will. It's a decent entry point. Good for an RRSP or a long-term investor.
BUY
It is a Nat gas mid-stream focused company. He likes it and holds it in his fund. They have a strong management team. There is going to be some continued shakeout at current depressed prices. They announced additionally they would have a key access pipeline system to transmit gas from Alberta to north west Saskatchewan. This should lift the price of the stock over the next couple of years.
PAST TOP PICK
(A Top Pick Oct 05/18, Up 2%) He actually doubled up on this position. What has transformed the business is that natural gas processing margins have expanded. They outlined a large infrastructure plan for 2022 to take advantage of growing production. In three years time the company's earnings will be very positive, he feels. Yield 5.8%
BUY

He likes the LNG space, and KEY has good assets in good areas. Pays a very good dividend as they grow these projects. A definite buy, but be patient with its capital appreciation. Good managers.

BUY

Bored investors get paid. KEY processes natural gas and has a deep moat, yet keeps increasing its dividend to pay shareholders.

BUY
Likes it. Part of his core infrastructure portfolio. Has performed well YTD, but still well off the highs. Nice thing is they have a really stable business and some growth initiatives. Waiting for a better environment for the stock to move higher. Great for an RRSP, and everyone should be looking at it. Yield is 5.2%.
TOP PICK
An internmediate mid-stream company. Over the next three years they are have several new projects coming on line. A sizable gas plant came onstream in May and will ramp up volumes in the second half of the year. An octane plant is also coming online. They announced another pipeline project in the Montney and Duvernay areas into their hub assets. He expects a 10% annual increase in earnings through to 2022. Yield 5.11% (Analysts’ price target is $39.34)
TOP PICK
A way to get into beaten up western Canada. Natural gas business. Processing plants. Stock's been hit. Have put in a pipe to tie all their assets together. Great piece of infrastructure, growing dividend. Yield is 5.58%. (Analysts’ price target is $39.50)
HOLD
A midstream operator, which she considers an income provider for shareholders. Yield 5.6%.
HOLD
A core holding for him. In the short term it is being impacted along with the rest of the energy space. A great hold for the next 5-10 years. They have continued to grow the dividend and are looking to expand into the US. Guidance is strong for the balance of the year, which he views as positive. They have assets that can not be replaced at cheaper value. A good hold.
WATCH
Solid and continual dividend growth is what you'd want for a dividend play. Made a nice recovery since December. A little more room to run for the next 3 months, but be cautious near the end of the summer. Depends on the state of the economy and energy demand.
HOLD
More in the natural gas processing business. Good company. Still struggling with the price. He wouldn't rush it to buy it. (Analysts’ price target is $39.09)
BUY
An infrastructure company in Western Canada, a mid-streamer. He has liked it for a long time. It under-performed for 2 or 3 years because of a lack of growth projects. They now have some new projects, one of which he thinks will propel it in the next few months.
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