Keyera Corp

KEY-T

TSE:KEY

25.65
0.56 (2.14%)
Keyera is one of the largest midstream oil and gas operators in Canada. The company services oil and gas producers in Western Canada and transports natural gas liquids such as propane, ethane, butane, ...
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Analysis and Opinions about KEY-T

Signal
Opinion
Expert
BUY
BUY
January 6, 2021
An infrastructure stock that saw negative performance because of Covid, but core business wasn't that affected. Nat gas demand has rebounded to all-time highs. Good value at these levels.
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Keyera Corp (KEY-T)
January 6, 2021
An infrastructure stock that saw negative performance because of Covid, but core business wasn't that affected. Nat gas demand has rebounded to all-time highs. Good value at these levels.
HOLD
HOLD
December 31, 2020
Along with other Canadian energy names, hasn't really rebounded with the price of oil. Quite a big yield, and is this sustainable? Ask yourself if the stock price will catch up, or will the dividend be cut? His best guess by a hair is that stock price will rise to meet the yield. He's a big fan of clean energy, but it will take a while. Yield is just under 8.5%.
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Keyera Corp (KEY-T)
December 31, 2020
Along with other Canadian energy names, hasn't really rebounded with the price of oil. Quite a big yield, and is this sustainable? Ask yourself if the stock price will catch up, or will the dividend be cut? His best guess by a hair is that stock price will rise to meet the yield. He's a big fan of clean energy, but it will take a while. Yield is just under 8.5%.
BUY
BUY
December 15, 2020

Put in a TFSA? A top pick. You can put it in a TFSA as long as you're diversified across sectors, like real estate and industrials. He likes the nat gas business in western Canada and KEY should do relatively well; nat gas is key for Keyera. Doesn't expect this company to do anything exciting, just maintain its business. This will be a $30 stock, but KEY suspended a billion-dollar infrastructure project and are competing in this area with Pembina. With the new CEO, what is the strategy? A question mark. The stock now is still cheap enough given all that.

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Keyera Corp (KEY-T)
December 15, 2020

Put in a TFSA? A top pick. You can put it in a TFSA as long as you're diversified across sectors, like real estate and industrials. He likes the nat gas business in western Canada and KEY should do relatively well; nat gas is key for Keyera. Doesn't expect this company to do anything exciting, just maintain its business. This will be a $30 stock, but KEY suspended a billion-dollar infrastructure project and are competing in this area with Pembina. With the new CEO, what is the strategy? A question mark. The stock now is still cheap enough given all that.

DON'T BUY
DON'T BUY
November 17, 2020
All infrastructure has been hit this year with the oil price collapse. However, these oil storage companies depend on volume, not the price of oil. That said, everyone dislikes the energy sector, so sentiment is negative. KEY's payout ratio is 65% as the dividend reaches 9%. There's not much growth here. The dividend is probably okay, but if the price of oil plummets, the dividend could be cut (along with many oil stocks). This is merely okay, not exciting. He wants to see growth before buying it.
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Keyera Corp (KEY-T)
November 17, 2020
All infrastructure has been hit this year with the oil price collapse. However, these oil storage companies depend on volume, not the price of oil. That said, everyone dislikes the energy sector, so sentiment is negative. KEY's payout ratio is 65% as the dividend reaches 9%. There's not much growth here. The dividend is probably okay, but if the price of oil plummets, the dividend could be cut (along with many oil stocks). This is merely okay, not exciting. He wants to see growth before buying it.
BUY
BUY
November 5, 2020
Good company. Discounted. He thinks the dividend is sustainable. No red or yellow flags of financial risk. Fairly consistent mid-stream business, but beta is somewhat high. Trades at 1.5x book value, still 45% off its highs. Would be comfortable buying, based on quality of the business and compelling valuation. Yield is 10%.
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Keyera Corp (KEY-T)
November 5, 2020
Good company. Discounted. He thinks the dividend is sustainable. No red or yellow flags of financial risk. Fairly consistent mid-stream business, but beta is somewhat high. Trades at 1.5x book value, still 45% off its highs. Would be comfortable buying, based on quality of the business and compelling valuation. Yield is 10%.
BUY
BUY
October 13, 2020

Keyera vs. Pembina He owns both. Keyera: pays a slightly higher dividend, but also slightly riskier, due to its mix of liquids and gas processing, so probably more earnings volatility short-term. Pembina is a pipeline play with operating cash flow around 9-10x. They were resilient in the downturn. What's good about both is that they are sensitive to volumes, not the oil price, especially Pembina. The dividends are safe and earnings resilient. If the stocks do nothing, at least both pay more than 8% in dividend yields.

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Keyera Corp (KEY-T)
October 13, 2020

Keyera vs. Pembina He owns both. Keyera: pays a slightly higher dividend, but also slightly riskier, due to its mix of liquids and gas processing, so probably more earnings volatility short-term. Pembina is a pipeline play with operating cash flow around 9-10x. They were resilient in the downturn. What's good about both is that they are sensitive to volumes, not the oil price, especially Pembina. The dividends are safe and earnings resilient. If the stocks do nothing, at least both pay more than 8% in dividend yields.

DON'T BUY
DON'T BUY
September 25, 2020
All the companies in the space are attractively valued right now, and he would prefer to look elsewhere for better opportunities. A potential takeover candidate. There are better companies with better risk to reward.
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Keyera Corp (KEY-T)
September 25, 2020
All the companies in the space are attractively valued right now, and he would prefer to look elsewhere for better opportunities. A potential takeover candidate. There are better companies with better risk to reward.
BUY
BUY
September 23, 2020
Stock's off on an announcement about a plant shutdown. Dividend is well covered. There is worry about the sustainability of investing in energy. KEY is a processor of energy. Yield is 9.5%, which gives you your money back in 5 years. Well run. Confidence in the company. Good as income for clients who can take a little bit of risk.
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Keyera Corp (KEY-T)
September 23, 2020
Stock's off on an announcement about a plant shutdown. Dividend is well covered. There is worry about the sustainability of investing in energy. KEY is a processor of energy. Yield is 9.5%, which gives you your money back in 5 years. Well run. Confidence in the company. Good as income for clients who can take a little bit of risk.
PAST TOP PICK
PAST TOP PICK
August 28, 2020
(A Top Pick Jun 14/19, Down 17%) Still a core holding for them. The nervousness is in their natural gas business. Gas supply is now on a better footing. A high quality infrastructure business.
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Keyera Corp (KEY-T)
August 28, 2020
(A Top Pick Jun 14/19, Down 17%) Still a core holding for them. The nervousness is in their natural gas business. Gas supply is now on a better footing. A high quality infrastructure business.
BUY
BUY
August 12, 2020
Got hit in the general selloff. It's in the cyclical/infrastructure bucket. Challenge is it's just coming off the bottom on price momentum. Scores well on valuation, yield, and ROE. Payout ratio is a bit high at 89%. Would like to see more cash flow. Lots of debt. Should start to see some pickup as the oil patch improves. Yield is 8%.
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Keyera Corp (KEY-T)
August 12, 2020
Got hit in the general selloff. It's in the cyclical/infrastructure bucket. Challenge is it's just coming off the bottom on price momentum. Scores well on valuation, yield, and ROE. Payout ratio is a bit high at 89%. Would like to see more cash flow. Lots of debt. Should start to see some pickup as the oil patch improves. Yield is 8%.
DON'T BUY
DON'T BUY
July 17, 2020
He thinks the company is paying out too much cash flow to dividends. Cash flow is $1.29 yet they are paying out $1.92. With the collapse of oil the stock price has collapsed as well. So much depends on if you are bullish on oil. Commodity forecasting is something he does not do. The balance sheet is not very strong for this one.
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Keyera Corp (KEY-T)
July 17, 2020
He thinks the company is paying out too much cash flow to dividends. Cash flow is $1.29 yet they are paying out $1.92. With the collapse of oil the stock price has collapsed as well. So much depends on if you are bullish on oil. Commodity forecasting is something he does not do. The balance sheet is not very strong for this one.
BUY
BUY
July 16, 2020
Allan Tong’s Discover Picks This midstream player extracts liquids from natural gas, a commodity which is safer than oil. Keyera currently pays a whopping 9.5% dividend yield, so the obvious question is, Is it safe? Bay Street thinks so. Read Best Dividend Stocks Canada for our full analysis.
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Keyera Corp (KEY-T)
July 16, 2020
Allan Tong’s Discover Picks This midstream player extracts liquids from natural gas, a commodity which is safer than oil. Keyera currently pays a whopping 9.5% dividend yield, so the obvious question is, Is it safe? Bay Street thinks so. Read Best Dividend Stocks Canada for our full analysis.
TOP PICK
TOP PICK
July 13, 2020
Offers stable earnings and pays over a 9% dividend. Volumes in natural gas remain steady, though Keyera had to switch some processing facilities. Good balance sheet compared to peers; lower valuation and good cash flow. They're growing and pay a good dividend. (Analysts’ price target is $25.79)
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Keyera Corp (KEY-T)
July 13, 2020
Offers stable earnings and pays over a 9% dividend. Volumes in natural gas remain steady, though Keyera had to switch some processing facilities. Good balance sheet compared to peers; lower valuation and good cash flow. They're growing and pay a good dividend. (Analysts’ price target is $25.79)
BUY WEAKNESS
BUY WEAKNESS
July 3, 2020
Payout ratio sustainable? A name he has owned for many years. Very talented management team. They have diverted capex, improved liquidity and refinanced debt, so he does not think the dividend is at risk. He also does not think it will grow much over the next couple of years. A long term investor would see this as an excellent investment. Short term, there will likely be more uncertainty regarding economic recovery. The payout ratio is estimated at 80%. Yield 9.33%
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Keyera Corp (KEY-T)
July 3, 2020
Payout ratio sustainable? A name he has owned for many years. Very talented management team. They have diverted capex, improved liquidity and refinanced debt, so he does not think the dividend is at risk. He also does not think it will grow much over the next couple of years. A long term investor would see this as an excellent investment. Short term, there will likely be more uncertainty regarding economic recovery. The payout ratio is estimated at 80%. Yield 9.33%
COMMENT
COMMENT
April 22, 2020

Historically these have been great assets to own. They will follow energy stocks in general too. He prefers to own KEY over PPL. There have been concerns about insolvencies with producers in the energy space with low oil prices. He has added more to their KEY holdings, thinking the natural gas space is safer than oil right now. He would own a couple of holdings in a diversified way.

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Keyera Corp (KEY-T)
April 22, 2020

Historically these have been great assets to own. They will follow energy stocks in general too. He prefers to own KEY over PPL. There have been concerns about insolvencies with producers in the energy space with low oil prices. He has added more to their KEY holdings, thinking the natural gas space is safer than oil right now. He would own a couple of holdings in a diversified way.

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Keyera Corp(KEY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 19

Stockchase rating for Keyera Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Keyera Corp(KEY-T) Frequently Asked Questions

What is Keyera Corp stock symbol?

Keyera Corp is a Canadian stock, trading under the symbol KEY-T on the Toronto Stock Exchange (KEY-CT). It is usually referred to as TSX:KEY or KEY-T

Is Keyera Corp a buy or a sell?

In the last year, 19 stock analysts published opinions about KEY-T. 13 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Keyera Corp.

Is Keyera Corp a good investment or a top pick?

Keyera Corp was recommended as a Top Pick by Ryan Bushell on 2021-01-06. Read the latest stock experts ratings for Keyera Corp.

Why is Keyera Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Keyera Corp worth watching?

19 stock analysts on Stockchase covered Keyera Corp In the last year. It is a trending stock that is worth watching.

What is Keyera Corp stock price?

On 2021-01-21, Keyera Corp (KEY-T) stock closed at a price of $25.65.