TSE:KEY

Keyera Corp (KEY.TO)

57.20
-1.19 (2.04%)
as of Aug 5, 2026, 8:00:01 pm Market Open.
552 watching
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Investor Insights
star iconAug 5, 2026, 12:00 am

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

Keyera Corp (KEY-T) has received mixed reviews from experts, highlighting various strengths and concerns. Many analysts praise the company's positioning within the energy infrastructure space, particularly emphasizing its growth potential from the Plains acquisition and increasing demand for LNG and condensate in Western Canada, resulting in an Earning Per Share (EPS) growth of 23% and dividend growth of 4%. Despite these positive aspects, some experts express caution regarding its valuation, citing an 18.3x price-to-earnings ratio for 2028 as relatively expensive when compared to peers. Concerns also arise from the dependency on commodity prices and the risks associated with execution and ongoing capital expenditures. Notably, the stock is viewed favorably for its stable cash flows, but skepticism remains regarding the marketing segment, which is subject to volatility.

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Consensus
Positive
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Valuation
Overvalued
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Similar
ENB
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.
BUY
Likes the chart. After a downtrend in late-2018, it's had a strong uptrend since January. It's a safer energy play; expect insitutional money to flow into this name.
PAST TOP PICK
(A Top Pick May 31/18, Down 10%) Process oil/gas, don't produce anything. Frustrating to own because of market sentiment. Ones that are surviving are well run. Good dividend. Has owned it for a long, long time.
HOLD
Good managers, but is in a touch sector, Alberta oil. KEY is picking up a little bit lately, relatively well. Oil may take a while to revive, but a few take-overs could have a huge impact.
PAST TOP PICK
(A Top Pick Feb 13/18, Up 4%) They have irreplaceable assets that are fundamental to an economy, expensive to replace. They clean impurities from gas before that's shipped for home use. Pays an attractive yield with only minor commodity exposure.
BUY
He likes this and the dividend is sustainable. He has been shying away from the energy sector. If you are looking for cash flow, probably not too bad. He is concerned with Canadian energy. Probably some upside to this name, and currently a good entry point. Has a $38 target.
DON'T BUY
It had a good quarter recently. He would put this lower in his rankings as there are others that are just a bit better. It yields less than ENB-T, where the risk is lower. Yield 5.7%
DON'T BUY
Energy infrastructure has bounced off the lows but is still an under-performer. They grew their dividend over 10% which is attractive but he would prefer to go more for market strength. Look at financials or apartment REITs. ENB-T would be better also.
DON'T BUY
For an RRSP (a stable stock)? He's been frustrated by it, not because of its managers who are very good, but because people are worried about the Canadian natural gas industry; that's why the stock has fallen. Investors are worried that Keyera's customers can't pay Keyera to process their nat gas. The sector is challenged, because of difficulties shipping gas products--and this obstacle effects KEY. He's very nervous.
WATCH
He was negative on utilities with a rising interest environment. If you believe interest rates are not going higher, this could be a good buy. He likes the management and the dividend. Yield 6.4% (Analysts’ price target is $37.00)
BUY
It's a good time to get in now. Pays a decent dividend. They're influenced by both the oil and gas prices and interest rate moves. So, this will benefit from the rise in western Canadian oil price.
BUY
It dipped 15% in a few days in October and bottomed in December. Any oil and gas stocks are in the same position. It's a buying opportunity now with interesting volume that isn't fading. At a significant support level. I needs to get above resistance at $32. It looks good.
DON'T BUY

A pure energy natural gas stock. It is possibly basing. Not on an uptrend. Still in a downtrend.

BUY
Brookfield Properties vs. Keyera Likes KEY very much. Yields 6.5%. Processes natural gas. BIP, he doesn't own. He's concerned, because BBY owns a lot of malls in the U.S., but he fears malls are--or will be--dead. He owns other Brookfield stocks, but not this one.
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